This summary was created by AI, based on 2 opinions in the last 12 months.
The Ninepoint Energy Fund (NNRG-NEO) is actively managed and focuses on oil and gas services stocks, aiming to provide both growth and income to its investors. Despite its underperformance in recent times, there are optimistic projections that the fund's performance could improve as the market rally expands. An expert emphasizes that natural gas as a commodity might be reaching a seasonal bottom, influenced largely by winter weather, which could impact price movements in the coming year. Additionally, the prevailing sentiment indicates that, in general, the risk/reward scenario favors oil investments at this time, leading to a preference for oil-related stocks within the portfolio.
He's biased, but if you're looking for an energy ETF he'd recommend NNRG, his own fund. Thinks nat gas as a commodity is bottoming out seasonally. Lots of varied opinions for the price next year. All comes down to winter weather and how cold is it going to be.
In general, risk/reward favours oil, so that's why he's in oil names.
Ninepoint Energy Fund is a OTC stock, trading under the symbol NNRG-NEO on the (). It is usually referred to as or NNRG-NEO
In the last year, 2 stock analysts published opinions about NNRG-NEO. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ninepoint Energy Fund.
Ninepoint Energy Fund was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Ninepoint Energy Fund.
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.
2 stock analysts on Stockchase covered Ninepoint Energy Fund In the last year. It is a trending stock that is worth watching.
On , Ninepoint Energy Fund (NNRG-NEO) stock closed at a price of $.
Is actively manged, holding oil and gas services stocks. Offers growth and income, but has underperformed, but as the market rally broadens, this should improve.