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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (72196)	2/24/2020 7:49:28 PM
From: Goose94	Read Replies (1) of 202401

Lundin Mining (LUN-T) top pick from HAPpy Sneddon on BNN.ca Market Call 2nite Feb 24th @ 1800ET Base metals have a couple of seasonal “launch” dates including an upcoming one in early March. The sector certainly has been out of favour and a selection in it now still apparently cuts against the grain, with the perception of global trade and China growth muffled. Lundin recently announced revenue, EBITDA and earnings per share well ahead of expectations. This high-quality, strong balance sheet company is an excellent defensive pick that’s just turned up against both the TSX and S&P. A break below $6.97 moves the stock to a “sell” and indicates larger-picture problems.

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