Barrick Vs. Goldcorp: Which Is The Better Buy?

- By Karin Hernandez:The global economic downturn and the weak sales results in the consumer PC market have not been kind to chipmakers, but some are doing better than others. Intel (INTC), while struggling, is not quite in as dire straits as its competitor, Advanced Micro Devices (AMD).

- By Karin Hernandez:This has not been a great year for the mid-level retailers, as evidenced by weak sales due to the continuing worldwide economic situation and consumer uncertainty. However, both J.C. Penney (

- By Karin Hernandez:In the past few years, cash-strapped customers have turned to dollar stores and Wal-Mart Stores, Inc. (WMT) in droves, seeking bargains.

- By Karin Hernandez:Those of us living in Michigan have been through a horrendous couple of years, but we can definitely see the light shining -- however slightly -- at the end of the tunnel. Recently, both Ford (F) and General Motors (GM) raised their year-end 2012 forecasts to indicate a rebound in U.S. auto sales to above the 14 million mark.

By Trefis: Barrick Gold Corporation (NYSE:ABX) declared robust third quarter earnings a few days back, marked by healthy cash margins of nearly $1,300 per ounce as gold touched new highs during the period. The company is moving aggressively toward developing its planned projects and new discoveries to take advantage of the still-buoyant gold price.

It is not obvious that Jim Cramer has a mixed opinion on the macro front and an aggressive buying strategy on the stock-picking front. Bottom-up investors might wonder why Cramer recently posted this on twitter:

As the gold market continues its lustrous trend, the corporate elbowing and shoving to get at the richest buried treasures is getting increasingly cutthroat. A prime example involves northern Chile’s clutch of mostly prolifically sized gold/copper deposits. Located in the Maricunga Gold Belt, five deposits are in various advanced stages of development while a trio of mines is already making money.