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Company name Goldcorp Inc. (USA)
Stock ticker GG
Live stock price [stckqut]GG[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Good
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $75.68
Target stock price (averages with growth) $157.71
Target stock price (averages with no growth) $160.07
Target stock price (manual assumptions) $74.78

The following company description is from Google Finance: http://www.google.com/finance?q=gg

Goldcorp Inc. (Goldcorp) a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico and Central and South America. As of December 31, 2010, the Company?s producing mining properties were consisted of the Red Lake, Porcupine and Musselwhite gold mines in Canada; the Penasquito gold/silver/lead/zinc mine which was commissioned on September 1, 2010, Los Filos and El Sauzal gold mines in Mexico; the Marlin gold/silver mine in Guatemala; the Alumbrera gold/copper mine (37.5% interest) in Argentina; the Marigold (66.7% interest,; and Wharf gold mines in the United States. . On October 20, 2010, the Company completed the sale of its remaining 58.1% interest in Terrane Metals Corp. On December 29, 2010, the Company completed the acquisition of Andean Resources Limited. On February 8, 2011, the Company disposed of its 10.1% interest in Osisko Mining Corporation (Osisko).

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.  It is quite rare for a company to score as Good in all of the metrics that I monitor so unless you already have a strong exposure to this sector, you should consider investing here.

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It is good practice to check each company that we invest in every quarter to insure that they continue to fit our needs. In my case, I only invest in Good Companies (which also appear on the Watch List). If you follow my advice on this site (and in the soon to be published book) you will know that I slowly accumulate stock with my earnings in those companies that are extremely high quality. However, when a company is no longer rated Good, I sell my holdings as quickly as possible.

There is one single event that can make a company fall out of favor. A company must continue to be profitable! Unprofitable companies are too likely to do rash and stupid things to recover. They tend to worry about short term gains to stop bleeding cash. They tend to not do the right things that will make them successful for the long term.

While irrational behavior is not universal among managers of unprofitable companies, it happens enough that I don’t take the chance. This site is called Confident Investor – this means I need to be confident that the company is doing the right things. For unprofitable companies, I do not have that confidence. Since I have many choices (as do you) as to where I stick my investment money, I will simply choose to invest in companies that are only rated Good.

For the next several days, we will be repeating our looks at our Watch List and see if they still should be there. Our first company will be Goldcorp as it is has turned unprofitable and therefore no longer a Good Company. I have liquidated all of my investments in Goldcorp.

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Company name Goldcorp Inc. (USA)
Stock ticker GG
Live stock price [stckqut]GG[/stckqut]
P/E compared to competitors Fair
MANAGEMENT EXECUTION
Employee productivity Good
Sales growth Good
EPS growth Poor
P/E growth Good
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $58.78
Target stock price (averages with growth) $812.24
Target stock price (averages with no growth) $89.4
Target stock price (manual assumptions) $50.99

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.