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

2017-07-26

Opinion for Inter Pipeline (IPL-T)

Signal Price Bias Subject Owned
TOP PICK $24.850 UNKNOWN CANADIAN & ETF's Yes

This is Calgary based and are into oil and natural gas liquids. They have storage. Dividend yield of 6.5%. This got sold down with the rest of the energy market. It is a good, base income producing stock and doesn’t have the political problems that the big national pipelines have. (Analysts’ price target is $30.)

David Cockfield
Managing Director, Northland Wealth Management

1 Comment

stockwealth

July 26th 2017 at 10:47pm

Concern is oil prices beyond IPL's control. Dividend of 6.5%. Dividend may not be sustainable, unless oil prices rise fairly soon. I'd put on watch list - but hang back.


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