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


To: Goose94 who wrote (75389)1/31/2020 7:36:13 PM
From: Goose94Read Replies (1) | Respond to of 202998
 
Parex Resources (PXT-T) revisited (two yrs ago) top pick from Peter Imhof on BNN.ca Market Call Friday Jan 31st @ 1200ET

Parex Resources is the premier oil producer in Colombia. Management has done a great job of growing per-share production growth. The stock has come off approximately 15 per cent since the onset of the coronavirus, but continues to deliver excellent results. The company is a long-term compounder despite the fact that they have been facing headwinds of a negative oil market for the past few years. If we do see a bounce in oil prices, we should see a strong rebound in their stock.