Top Stock Picks and Market Outlook : Market Call Tonight
Michael Sprung discusses his top stock picks and market outlook with Mark Bunting on BNN's Market Call Tonight.
Online, December 11, 2013 (Newswire.com) - Appearing on BNN's Market Call Tonight, Michael Sprung, President of Sprung Investment Management, explained that the global economy exhibits encouraging trends as conditions in Europe have recently been more stable with signs of modest growth, the decline in the growth rate of the Chinese economy has been arrested and the North American economy continues to expand with growing momentum. Stock markets, particularly in the US, have surged as investors have regained confidence in the sustainability of the recovery.
Mr. Sprung discussed with host Mark Bunting his views on the following stocks:
Encana Corporation (TSE:ECA) is the third largest natural gas producer in North America. ECA's operations include the transportation and marketing of natural gas, oil and natural gas liquids (NGLs). ECA has enviable positions in key emerging properties. The company has announced plans to expand liquids production in Montney, Duvernay, San Juan, DJ Basin and Tuscaloosa Marine Basin.
HudBay Minerals Inc.(TSE:HBM) produces copper concentrate (containing copper, gold and silver) and zinc metal and focuses on the discovery, production and marketing of base and precious metals. It owns mines, ore concentrators and zinc production facilities in northern Manitoba and Saskatchewan and South America. The South America properties include the Constancia project in Peru, Hudbay Chile, Hudbay Colombia and Hudbay Panama.
George Weston Limited (TSE:WN) is a Canada-based company engaged food processing and distribution. The Company has two operating divisions: Loblaw and Weston Foods. The Loblaw division, which is operated by Loblaw Companies Limited and its subsidiaries, is a food retailer and a provider of drugstore, general merchandise and financial products and services.
Read the complete report here>> http://www.sprunginvestment.com/?p=1695
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Tags: Encana, George Weston, HudBay