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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (48601)9/22/2018 4:37:39 AM
From: Goose94Read Replies (1) of 202705
 
Surge Energy (SGY-T) top pick from Rob Tetrault on BNN.ca Market Call Friday Sept 21th @ 1200ET

Eight consecutive quarters of production growth, some serious cash flow growth over the past while, and the market is refusing to give Surge Energy credit for that. I believe there’s a catch-up trade to be had here. The stock has moved lockstep with crude for a long time, but now that has stopped, trading at a serious discount in my view. They have high-quality assets and are actually paying a dividend (only paying out 20 per cent). I’m bullish long term on energy producers, so why not own the one that has had the best and most consistent cash flow growth – that’s what the market will eventually measure.
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