American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

Kerry Stevenson: Ready to Invest After Cashing Out (Gold, Biotech and More)

by admin July 24, 2024
July 24, 2024
Kerry Stevenson: Ready to Invest After Cashing Out (Gold, Biotech and More)

‘I actually cashed in the whole portfolio aside from one coal stock … and two gold stocks,’ she said on the sidelines of the Rule Symposium. ‘I’ve been sitting in cash up until about two and a half weeks ago, when I’ve come back in with quite big licks on four stocks, and I’ve still got some cash where I’m looking at some of the small caps.’

One gold stock Stevenson is ‘very happy’ with is Spartan Resources (ASX:SPR,OTC Pink:GYYSF), formerly Gascoyne Resources, which she said has undergone a turnaround since Managing Director Simon Lawson took the helm.

She’s also looking outside the resource sector at biotech — Argenica Therapeutics (ASX:AGN) is a stock she likes in that sector. It’s developing novel neuroprotective therapeutics to reduce brain damage for people who have had strokes.

Stevenson also discussed trends in Australia’s resource sector and why investor education is so important to her.

‘If you’re not investing your money, you’re going backwards. Because inflation is here to stay, and no matter which way you look at it, if you’re not trying to get ahead of the inflationary curve, you’re going backwards,’ she said.

Watch the interview above for more from Stevenson on what she’s doing with her money.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Entitlement Issue Prospectus
next post
Wiluna Uranium Project Update

Related Posts

Next Generation DLE Provider Electralith Produces 99.9% Pure...

May 8, 2024

Brent crude oil price forecast after the OPEC+...

June 1, 2025

Blue Bird stock price: is this boring company...

October 15, 2024

John Feneck: Gold Miners Set Up for Strong...

July 15, 2024

FTSE MIB index forms an extremely bullish chart...

December 6, 2024

Clarification Announcement

July 26, 2024

USD/JPY forecast: signal ahead of BoJ and FOMC...

June 16, 2025

Nio stock price forecast: buy the dip or...

October 15, 2024

Best crypto coins to stake for 12%+ returns...

November 29, 2024

Here’s why the LVMH share price may rebound...

February 27, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • GMS stock jumps 29% on takeover interest from Home Depot, QXO, analysts raise PTs

      June 22, 2025
    • Japan’s rice price surge: what’s driving it and why it could spark a political crisis

      June 22, 2025
    • BofA raises STOXX 600 target amid resilient global growth, warns on Mideast risks

      June 22, 2025
    • Palantir co-founder: US must prevent Iranian nukes

      June 22, 2025
    • Fed governor Waller advocates for July rate cut amid tariff, labor market outlook

      June 21, 2025

    Categories

    • Business (3,209)
    • Investing (2,537)
    • Latest News (2,000)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved