Optimism for high oil prices for the long-term — Stockchase Weekly Top Picks
A big growth potential...
TOP PICK #4
Paramount Resources (TSX:POU)
Bruce Campbell, President at Campbell and Lee InvMngmnt recommends Paramount Resources (POU-T),
“They get a premium to Western Canadian Select oil for their liquids. They missed their last quarter due to weather and their facilities, which is short-term in nature. So, the stock has pulled back under $15, which is a definite buy. This is midjudged as a gas stock. An energy play.”
There seems to be a lot of potential for growth of the company revenue and earnings in the coming quarters.