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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (37305)12/22/2017 7:25:05 PM
From: Goose94Read Replies (2) | Respond to of 203330
 
Kelt Exploration (KEL-T) top pick from HAPpy Sneddon on BNN.ca Market Call Friday Dec 22nd @ 1300ET

The energy sector is also showing improving relative strength against other industries and the index itself, and Kelt, a mid-tier company focused on the exploration, development and production of crude and natural gas, offers strong upside through the cycle. Kelt, led by a team that sold Celtic in 2013 to Exxon for $3B, recently showed it is focused on the right things, with robust cash flow and scalable exposure with a basket of emerging plays. Next resistance is around $7.50; passing this will see minor resistance at $8.50 on the way to the intermediate target of $10.00. Investors seeking more safety may look at Suncor, then an ETF in the sector, to capture the sector move albeit with lower volatility and performance potential.