Analyst Is Recommending This Top Gold ETF - 'Stay There'

We recently published Top 10 Trending Stocks as Famous Billionaire Predicts Massive AI Stock Rally Before Bubble Burst. VanEck Gold Miners ETF (NYSEARCA:GDX) is one of the trending stocks.

Tim Seymour, the founder and Chief Investment Officer of Seymour Asset Management, recently issued a bullish call on GDX. Here is what the analyst said about the ETF:

“Gold miners, VanEck Gold Miners ETF (NYSEARCA:GDX). I mean, there was a time gold was defensive. There was Karen, how many a lot of reasons to buy gold, right? They’re anything you want. Anything you want. Well, the reason now is because I think it is offense for gold miners. Free cash yields are awesome. Stay there.”

While we acknowledge the potential of GDX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.