Gold is Still Rising, Passes 1300

Gold is still a buy according to Frank Holmes, CEO of US Global Investors, today. He notes that Gold and Silver are lagging other commodities when adjusting their 1980 prices for inflation. This is even with the incredible run Gold has had over the past two years, hitting a new high today. He prices Gold at $2,300 an ounce if properly adjusted to inflation.He feels that Gold could double over the next 5 years. Sounds like the opinion of many analyst at the end of the Dot Com Bubble right before the bubble burst.

Chipotle Mexican Grill, Inc (CMG) 52 Week High

Chipotle Mexican Grill is the owner and operator of fast food casual restaurants in the US and Canada. The company was founded in 1993 and currently operates 1,000 restaurants. The stock of the company is in the S&P 400 MidCap Index is has a market-cap of $5.16 Billion. The company has not yet offered a dividend to investors but boast solid growth.

Herbalife Ltd. (HLF) Has Year of Growth

Herbalife Ltd (HLF) headquartered in the Grand Cayman is a network marketing company. Those two facts should cause everyone to wonder how it has performed so well over the past 12 months, but that is exactly what it has done. The company sells weight management and supplements in addition to energy and sports products.

Joy Global Inc. (JOYG) Breaks Upward

Joy Global is involved in the manufacturing and servicing of farm and mining equipment world-wide. Their equipment is used to mine coal, copper, iron ore, and many other minerals. Base out of Milwaukee Wisconsin, the company has performed well over the past four months while recently breaking out of a year long trading range.

BorgWarner Inc. (BWA) Rallies with Market

BorgWarner is an Auburn Hills Michigan power train manufacturer that has had recent gains in earnings and sales with the stock close to reaching a new 52 week high just yesterday. A member of the S&P 400 Mid Cap Index, the company has beat earnings estimates its past four quarters and expects sales to increase 34% this year. Analyst have increased their expectations for the current quarter from 48 cents a share to 59 cents a share over the past 90 days.

Wall Street Journal Reports GoDaddy is For Sale

You will be glad to know that the hosting and registrar company GoDaddy is going on sale. The Wall Street Journal has reported that the company is auctioning itself and bids have been reportedly reaching the $1 billion mark.

Frank Quattrone began an investment banking firm back in 2008, Qatalyst Partners, that has now been hired to manage the sale for the Go Daddy Group Inc. It is speculated that because the company is about to become publicly traded, GoDaddy has begun this sales process. This is not the first time for the company, as they have tried this process and cancelled it once before.

Stocks extend September rally after Jobs Report

As a result of positive economic news, the overall stock market ended its only winning week in an entire month.

The Dow Jones average rose 128 points on Friday, which marked its fourth day in a row of gains. This strong beginning to September indicates a turnaround from the bleak performance in August.

The latest happy news on the economy was reported with an improvement in employment on Friday. Following this and signs of a gaining in manufacturing in China and the US, stocks also rose earlier in the week.