Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM Team, What are your updated thoughts on APA. Is it worth purchasing at current prices?
Hi Tim,
We discussed APA Group in our recent Opportunities in the unloved sectors Webinar, the brief answer is yes we like APA under $8.50 believing it’s close to the bottom of its trading range, previously purchasing the stock with above a 6% yield has proven fruitful, today its forecast to yield 6.8% over the next 12 months.
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