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


To: Goose94 who wrote (44062)8/12/2019 7:58:57 PM
From: Goose94Read Replies (1) | Respond to of 202707
 
Ishares S&P/TSX Capped Energy Index ETF (XEG-T) top pick from HAPpy Sneddon on BNN.ca Market Call Monday August 12th @ 1200ET

Canadian energy stocks have suffered the double whammy of volatile crude benchmark pricing and lack of access to global markets (the pipeline debate). However, from a comparative fundamental and “value” technical basis, the risk to reward over the next year is quite favourable. Cash flows, particularly in senior/integrated (+35 per cent) and conventional producers (+9 per cent), are a tailwind, while industry stocks are in general at support levels last seen in late 2015 and from 2002-04. Though sentiment is terrible, investors are getting their money in good today.