Award-Winning Asset Manager from Penn Capital Management Company Details Top Picks… and How to Avoid the Losers
Eric Green, Senior Managing Partner, Director of Research and Senior Portfolio Manager at Penn Capital Management Company has recently revealed his top picks for 2017.
Based on years of award-winning market research and detailed financial analysis, Green has 4 money-making stocks and clear investment advice on how to avoid money-losing portfolio picks.
The top pick? “We find Gray Television very interesting. Gray is one of the largest broadcast affiliate companies, with stations throughout the country that have mainly number one and number two-rated news programming,” Green says.
To help investors, the Senior Managing Partner, Director of Research and Senior Portfolio Manager at Penn Capital Management Company has come up with these 4 hot recommendations:
1. Gray Television, Inc. (NYSE:GTN)
The company trades at an extremely low multiple at 20% free cash flow yield. We believe that changes at the FCC, with the new administration, will allow ownership rules to be relaxed and lead to additional consolidation in the broadcast sector. The additional consolidation should improve the multiples of all of the companies in that sector.
Sure. Dynegy is a very good deleveraging story. Dynegy is an independent power producer that increased debt by making acquisitions.
3. Fairmount Santrol Holdings Inc (NYSE:FMSA)
Fairmount Santrol is one of the largest providers of sand, also called proppant, used in the oil and gas industry. We’re using about five times as much proppant in oil and gas wells as we used a few years ago.
4. Red Rock Resorts Inc (NASDAQ:RRR)
Red Rock Resorts is a gaming company with the majority of their properties in the Las Vegas locals market. They own the real estate and are the operator of these facilities. The Las Vegas locals market is growing faster than any other gaming market in the country.
Visit TWST for other top picks and the rest of the in-depth interview with Senior Portfolio Manager Eric Green.
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NOTE TO INVESTORS AND FINANCIAL NEWS EDITORS: Senior Portfolio Manager Eric Green is available for interviews. Contact Green at Penn Capital Management Company.
– See more at: https://www.twst.com/wp-content/uploads/2017/02/AGW500.pdf
