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

2017-01-18

Opinion for Arc Resources Ltd (ARX-T)

Signal Price Bias Subject Owned
COMMENT $20.830 BULLISH CANADIAN DIVIDEND Unknown

A good name. It is down 10%, because he thinks it is border tax concern. Also, natural gas prices kind of had the stuffing knocked out of them in the first 2 weeks of January. Their balance sheet is really fine. Valuation is a little bit pricey relative to its peers, but it is not an expensive valuation. The dividend is paying you to wait, and is fairly sustainable. He is looking at a $3.30 natural gas price. Thinks you will be fine.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management

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