Jim Cramer on Investing in Newmont While Holding AEM: "No Need, You Own the Best"

Newmont Corporation (NYSE:NEM) is one of the stocks Jim Cramer commented on. A caller mentioned that they already own AEM shares and are now looking to invest in NEM. Cramer commented:

No need, you own the best. You own the best. Own a bullion other than that, and I think you’ll be fine.

Newmont Corporation (NYSE:NEM) is a mining company that produces and explores gold, while also seeking copper, silver, zinc, lead, and other metals. Cramer discussed the company during the January 5 episode, as he remarked:

In seventh place, there’s Newmont, yeah, the gold miner that gained 168% in 2025, reflecting the surge in gold prices last year. Now, I prefer Agnico Eagle Mines, which has also more than doubled in 2025, but you can’t really go wrong in that space when gold has had such a terrific year.

While we acknowledge the potential of NEM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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