It held up better than other midcaps over the last 3 years, but he's focusing on renewable infrastructure. In producers of energy, he's sticking to large caps like BP, Shell and Chevron, or CNQ and SU-T here. That's where the money flows are going.
(A Top Pick May 06/19, Down 29%) He was looking for a seasonal trade in the summer. It is still making higher lows and has a good yield. If you don't own energies, this is a good one.
(A Top Pick May 06/19, Down 29%) He was looking for a seasonal trade in the summer. It is still making higher lows and has a good yield. If you don't own energies, this is a good one.
This has had a slow downtrend for the last 12 months. But seasonality kicks in during the summer for oil stocks, and the US dollar will help this dramatically if the USD breaks down. ERF pays a decent yield. Good management. The current price south of $10, we hit it in 2015, and faced resistance in 2016 with several touches in 2017. If it keeps falling, it will fall to $6-7. July should push this to $11, and it could move back to $16.
This has had a slow downtrend for the last 12 months. But seasonality kicks in during the summer for oil stocks, and the US dollar will help this dramatically if the USD breaks down. ERF pays a decent yield. Good management. The current price south of $10, we hit it in 2015, and faced resistance in 2016 with several touches in 2017. If it keeps falling, it will fall to $6-7. July should push this to $11, and it could move back to $16.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 9
Enerplus Corp is a Canadian stock, trading under the symbol ERF-T on the Toronto Stock Exchange (ERF-CT). It is usually referred to as TSX:ERF or ERF-T
In the last year, 9 stock analysts published opinions about ERF-T. 5 analysts recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Enerplus Corp.
Enerplus Corp was recommended as a Top Pick by Eric Nuttall on 2020-04-03. Read the latest stock experts ratings for Enerplus Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
9 stock analysts on Stockchase covered Enerplus Corp In the last year. It is a trending stock that is worth watching.
On 2020-04-08, Enerplus Corp (ERF-T) stock closed at a price of $2.88.
