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Stock impact report

Jaime Carrasco's Top Picks: Nov. 20, 2019 [Business News Network (BNN) Energy & Resources (Canada)]

Sandstorm Gold Ltd. Ordinary Shares (Canada) (SAND) 
NASDAQ:AMEX Investor Relations: sandstormgold.com/investors
Jaime Carrasco's Top Picks: Nov. 20, 2019 Jaime Carrasco, portfolio manager at Canaccord Genuity Focus: Precious metals and North American dividend stocks MARKET OUTLOOK I remain steadfast and continue to recommend that investors have at least a 10 per cent allocation in the precious metals sector as protection for geopolitical uncertainty and the next recession, keeping in mind that clients are currently at a minimum of 20 per cent invested in the sector. Throughout this past year, this strategy has delivered a positive hedge for clients as gold has broken out from a six-year base and has rallied against every currency in the world, with some saying that it is in a new bull market. Gold is currently trading at $1,941, having recently reached an all-time high of $2,030 in September. This rise in price has translated into very healthy returns for many of the producers I have recommended as Top Picks, with many issuing and/or increasing dividends this quarter due to very healthy b Show less Read more
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