The energy sector went through a rough patch last year, to put it mildly.
However, this year it appears to have started off much better. Indeed, with oil prices surging, stocks that have exposure to commodities have experienced tremendous stock price appreciation. For investors who are looking for a growth play in the energy space right now, I believe that
Tamarack Valley Energy(TSX:TVE) is certainly an option worth considering. Here’s why this top pick of Bay Street could be an excellent way to play energy.
Raymond James analyst upgrades Tamarack
According to Jeremy McCrea, an analyst at Raymond James, the market is yet to welcome Tamarack’s exploration in Alberta’s Clearwater oil play. Hence, he has now upgraded his previous “outperform” rating to “strong buy.”
Tuesday s analyst upgrades and downgrades - The Globe and Mail theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.