Goldcorp (NYSE: GG) is joining our Metals and Mining Portfolio. This gold mining company’s share price has fared better than many of its rivals over the past year, and has recovered sharply off its mid-July low. But gold’s recent slide has landed it back in a bargain range, even as the company’s long-run fundamentals appear stronger than ever.

How much money the company makes depends on executing its ambitious agenda and something entirely beyond its control — gold prices. But at this price for the stock, both outcomes appear to be good bets with limited risk. Buy Goldcorp up to 45.

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