Many
“experts” quoted on stockchase.com still love Crescent Point Energy Corp. (CPG)
- over the past two months they ranked the stock to be a hold (4), a top pick
(2), a buy (9) and only 2 don’t buys. So now at mid day at $22.43 CPG is down
10% and the yield has soared to 11%. One of the recent comments of an expert (a
few weeks ago at $35) says “He is quite optimistic on the energy space in
general, but you always need to be picking good quality companies. Forgetting
about the dividend, he likes this company’s growth profile”. Just to refresh -
last July the price peak was about $47 and at the time just about all of the
experts loved Crescent Point with “buys” dominating the last July – August
window.
Wednesday, December 10, 2014
They all loved Crescent Point Energy:
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