Viewing Opinion | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

2016-12-21

Opinion for Arc Resources Ltd (ARX-T)

Signal Price Bias Subject Owned
TOP PICK $22.910 CAUTIOUS CANADIAN LARGE Yes

He always looks for companies that have strong financial backing. They recently sold some assets in south east Saskatchewan, which even further enhances their balance sheet, and allows them to have more choices in how they deploy capital going forward. Management has always been extremely good in deploying capital. He looks at this as being not only one of the survivors, but one of the benefactors of all the turmoil that has happened in the energy patch. He wouldn’t be surprised to see dividends start to increase again. Dividend yield of 2.62%. (Analysts’ price target is $27.30.)

Michael Sprung
President, Sprung Investment Management http://www.sprunginvestment.com/

No Comments.


You must be logged in to comment.