FWIW: Jim Cramer rates EQT a BUY - Nov 29

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

FWIW: Jim Cramer rates EQT a BUY - Nov 29

Post by dan_s »

https://finance.yahoo.com/news/jim-cramer-eqt-corporation-eqt-194319114.html

EQT has risen above my current valuation of $45, but that does not mean that the share price can't go a lot higher. President Trump is definitely bullish for all of the Gassers. EQT is a large-cap with an extremely valuable asset base if U.S. natural gas prices move over $3.50, which now looks likely to me.

I currently rate EQT a HOLD, not a SELL. For those of you wanting to add more exposure to natural gas and NGLs, I think CTRA, CRGY, DVN, OVV and VRN are better choices within our Sweet 16.
Dan Steffens
Energy Prospectus Group
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