Precision Drilling (PDS): Drill Baby Drill! Good Reasons to Buy this Stock Now

Quiz Question: Is it better to buy energy stocks when oil prices are high or low? 

Anyone who has been around the block knows the time to buy energy stocks is when prices are artificially low as they are now. That’s because soon enough energy prices will be higher pushing this sector’s stock prices significantly higher. 

Bonus Question: Is Donald Trump for or against energy drilling in the US? 

You all know his famed quote of “Drill Baby Drill” as he is very much a fan of higher national energy production to make us less reliant on foreign countries. 

Adding these 2 things together, you can appreciate why I am selecting Precision Drilling (PDS) as my Stock of the Week. 

PDS scores highly across all levels of our 4 step stock selection process. 

Most notably, top Wall Street analysts love this stock. That includes Luke Lemoine from Piper Sandler who sees shares worth $95. That is more than 40% above its current perch in the mid $60’s. And that’s with energy prices this low. No doubt fair value is higher when oil gets back above $80.

That value proposition matches up with the new Zen Ratings quantitative model (releasing on the site soon). Gladly we have access to it behind the scenes to help us select better stocks.

Not only does the stock score well over al for the Zen Ratings, but it is in the top 14% of stocks for Value. 

Even better is that the Zen Ratings exclusive AI factor, which looks at the key markers of a stock that point to future outperformance, says that PDS is in the top 12% of all stocks analyzed. 

Coming down the home stretch is my personal take. Energy is a good place to be as rates head lower. So are small caps.

PDS checks both of those boxes along with strong scores on all the aforementioned fundamental checks. In my view that gives the stock 100% upside potential in the next 18-24 months as the economy heats up leading to higher energy demand...leading to higher prices. 

And don’t forget President Trump’s motto of “Drill Baby Drill”. 

Adding all these factors together points to now being a great time to buy PDS for the tremendous upside potential that lies ahead. 

What To Do Next?

Precision Drilling (PDS) is just one of the stellar stocks found in my Zen Investor portfolio.

Each pick goes through our rigorous 4 step screening process to find more 100%+ stock winners. 

To get your hands on my current stock recommendations…plus the 2 new buy recommendations coming on December 4th…then all you need to do is click the link below. 

Discover the Zen Investor portfolio > 

Wishing you a world of investment success!

Steve Reitmeister…but everyone calls me Reity (pronounced “Righty”)

Editor of the Zen Investor

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