3 Beaten-Up Gold Stocks: Bargains or Value Traps?
Historically speaking, gold stocks and gold miners haven't exactly been great investments over long periods of time, especially when compared to the returns of the S&P 500. Tahoe Resources (NYSE: TAHO), Barrick Gold (NYSE: ABX), and Goldcorp (NYSE: GG) are perfect examples. Each stock is down at least 60% in the past five years.
Then again, these gold stocks have had more recent struggles: each is down at least 8% in the last year alone. Yet, while these precious-metal miners are beaten up at the moment, each has growth projects coming online right now or in the near future. Does that make any of these gold stocks potential bargains right now?
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Source: Fool.com
