Portfolio Manager Details His Top Pick: Diamondback (NASDAQ:FANG)
Portfolio Manager at Van Eck has recently revealed his top picks for 2017.
Based on years of award winning market research and detailed financial analysis, Shawn Reynolds has multiple money making stocks and clear investment advice on how to avoid money losing portfolio picks.
The top pick? “Diamondback was, early on, an unconventional oil story. It was in the Midland Basin, which is West Texas. The Midland Basin and Delaware Basin together make up the Permian Basin.”
To help investors, Shawn Reynolds has come up with these hot recommendations:
“We have always really liked Glencore’s very commercial approach to mining and having industrial minerals. They have been kind of bashed around a little bit certainly in 2015 because people thought that they’d gotten their debt too high. The whole industry had basically gotten its debt too high. They just kind of admitted it earlier than everybody else and acted faster than everybody else, and now have gotten their balance sheet and restructuring done faster than everybody else.”
“We have had some success with Pioneer Natural Resources which is a long-term and a fairly well-known larger E&P company. ”
For a free report and the other top recommendations from the in depth interview with Shawn Reynolds, Portfolio Manager of Van Eck Securities Corporation, visit TWST.com.
# # #
NOTE TO INVESTORS AND FINANCIAL NEWS EDITORS: Shawn Reynolds, Portfolio Manager of Van Eck Securities Corporation is available for interviews. Contact Van Eck Securities Corporation at www.vaneck.com
– See more at https://www.twst.com/interview/looking-for-long-term-structural-growth-stories
