Best Stocks: Barrick Gold Corporation (NYSE:ABX), Melco Crown Entertainment Limited (NASDAQ:MPEL), Brookdale Senior Living Inc. (NYSE:BKD), Unitil Corp. (NYSE:UTL), Oceaneering International, Inc. (NYSE:OII)
Barrick Gold Corporation (NYSE:ABX)’s cost-cutting may not be helping the company. For example, at Goldstrike (a large mine in Nevada), all-in sustaining costs decreased from $1,226 to $886 year over year. But that’s because Barrick focused on mining much higher-grade ore. The company also cut sustaining capital expenditures by 15%. Such a strategy is not sustainable in the long run if the company wants to … Continue reading Best Stocks: Barrick Gold Corporation (NYSE:ABX), Melco Crown Entertainment Limited (NASDAQ:MPEL), Brookdale Senior Living Inc. (NYSE:BKD), Unitil Corp. (NYSE:UTL), Oceaneering International, Inc. (NYSE:OII)