Pulse Data (PSD.TO): Another Low-Risk Oil and Natural Gas Service Stock
SummaryWe first wrote about Pulse Data (PSD.TO) nearly two years ago, on our previous blog, CasinoCapitalism.com. Since that time, the shares have basically moved nowhere. However, we think that due to certain company changes and industry events, PSD.TO may finally provide patient shareholders a significant return in the coming year. At the same time, downside seems low given the company's buyback program, a price that is below a previous takeout over and considering the company’s stable and high dividend yield (6.8%).
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