Why I'm telling friends to avoid gold stocks

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.

Cathy L. McCarthy net worth and biography

Cathy McCarthy Biography and Net Worth

Director of Middleby

Ms. McCarthy is Chair of the Audit Committee and a member of the Nominating and Governance Committee.

Since 2011, Ms. McCarthy has served as President and Chief Executive Officer of Cross Tack, Inc., a management consulting firm. From 2007 to 2011, Ms. McCarthy served as President and Chief Executive Officer of SM&A, a public company that provides business strategy, competition management and project management consulting services. Before becoming President, Ms. McCarthy served in various senior executive positions at SM&A, including Executive Vice President, Chief Financial Officer and Corporate Secretary from 2005 to mid-2007. Prior to SM&A, Ms. McCarthy was Chief Financial Officer of PIA Merchandising, an in-store merchandising company, Giant Group, Ltd., an investment firm and Wherehouse Entertainment, a major music and video retailer. Ms. McCarthy began her career at Mellon Bank, N.A., where she was Vice President of several lending departments responsible for oversight of highly leveraged and distressed assets and commercial lending. Service on other public boards include SM&A (2007-2008) and Solta Medical, Inc. (2007-2014). Service on private boards includes Recros Medica, Inc., a medical device firm (co-founder 2014 and Chairperson since 2020), PixCell, Inc., a medical device firm (Chairperson since 2017), SRG Instruments, a medical device firm (Chairperson since 2014). Ms. McCarthy has relevant operating experience as a Chief Executive Officer and a Chief Financial Officer of numerous public and private companies. She has an extensive background in strategy, mergers and acquisitions, financial reporting and internal controls to provide the Board with valuable strategy and financial oversight capabilities.

What is Cathy L. McCarthy's net worth?: The estimated net worth of Cathy L. McCarthy is at least $1.07 million as of March 5th, 2024. Ms. McCarthy owns 7,971 shares of Middleby stock worth more than $1,073,853 as of December 21st. This net worth approximation does not reflect any other investments that Ms. McCarthy may own. Learn More about Cathy L. McCarthy's net worth.
How do I contact Cathy L. McCarthy?: The corporate mailing address for Ms. McCarthy and other Middleby executives is 1400 TOASTMASTER DRIVE, ELGIN IL, 60120. Middleby can also be reached via phone at (847) 741-3300 and via email at middlebycorporation.gcs-web.com. Learn More on Cathy L. McCarthy's contact information.
Has Cathy L. McCarthy been buying or selling shares of Middleby?: Cathy L. McCarthy has not been actively trading shares of Middleby over the course of the past ninety days. Learn More on Cathy L. McCarthy's trading history.
Who are Middleby's active insiders?: Middleby's insider roster includes Sarah Chapin (Director), Timothy FitzGerald (CEO), Cathy McCarthy (Director), John Miller, III (Director), Robert Nerbonne (Director), James Pool, III (CTO), and Nassem Ziyad (Director). Learn More on Middleby's active insiders.
Are insiders buying or selling shares of Middleby?: In the last year, insiders at the industrial products company sold shares 5 times. They sold a total of 3,735 shares worth more than $510,268.80. The most recent insider tranaction occured on June, 12th when Director Chapin Sarah Palisi sold 150 shares worth more than $19,257.00. Insiders at Middleby own 1.2% of the company. Learn More about insider trades at Middleby.
Information on this page was last updated on 6/12/2024.

Cathy L. McCarthy Insider Trading History at Middleby

Cathy L. McCarthy Buying and Selling Activity at Middleby

Middleby Company Overview

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and automated washing systems, auto-guided vehicles, food safety, food handling, freezing, and defrosting and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

Today's Range

Now: $134.72

$131.37

$135.83

50 Day Range

MA: $138.88

$129.70

$146.97

2 Week Range

Now: $134.72

$118.41

$161.01

Volume

1,794,524 shs

Average Volume

485,444 shs

Market Capitalization

$7.25 billion

P/E Ratio

18.58

Dividend Yield

N/A

Beta

1.6