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

2017-03-20

Opinion for PrairieSky Royalty (PSK-T)

Signal Price Bias Subject Owned
TOP PICK $28.250 CAUTIOUS CANADIAN Yes

One of the oil patch casualties that has actually done okay. He likes royalty structures because you don’t have capital investment risks, and this one has no debt on the balance sheet. Oil price recovery gives them torque to the upside. During the horrific oil environment of 2015-2016, they proved their ability to generate good cash flow. Dividend yield of 2.7%. (Analysts’ price target is $34.75.)

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management

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