Analyst RecommendationFirst stock in the clip; he also owns it personally. GLTA
https://www.bnnbloomberg.ca/video/michael-sprung-s-past-picks~2373259
Arc Resources (ARX TSX) - Then: $7.97
- Now: $14.89
- Return: 87%
- Total Return: 90%
PAST TOP PICK
Arc Resources Ltd(ARX-T)
31/01/2022 at 07:00pm
(A Top Pick Mar 09/21, Up 90%) Is holding on. At current oil prices, this is a cash-flow machine. They are expanding operations in the coming year. He's very bullish on oil companies. Supply is constrained and investment in recent years in oil has fallen off, so those oil companies operating will benefit from high oil prices. Pays a 2.7% yield.
OIL / GAS
Michael Sprung
$15.070
Owned