LPI
is another stock that I bought this morning and started a position in the 6.30's around 52 week lows.
They earned .25 last quarter, and analyst have expectation at about $1.11 for fy 18 and a whopping $1.47 for fy 19. I think the stock should trade in double digits at the very least as their 52 week high is almost $13. They are growing production although they are not a rapid grower, but still over 15% production guidance is rock solid. I think this stock near 52 week lows is another opportunity to play the energy industry, I make no secret that PVAC is my favorite of the bunch, but I do find LPI very attractive in the low to mid 6's with significant upside in my opinion. All is just my opinion, and I could always be wrong though.
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