Eagle & Beagle for Sunday, April 20, 2014

Don Mecoy: Eagle & Beagle for Sunday, April 20, 2014
Oklahoman Published: April 20, 2014



There are a series of steps that help any stock attract owners.

For instance, many folks won’t even consider a stock priced less than $5. Micro cap stocks simply don’t hold that lure of blue chips. And the bigger the player, the more analyst coverage it will generate.

Our highest-flying state-based stock of last week picked up another analyst, who signed on with a bullish rating.

That helped propel Laredo Petroleum to a 13.2 percent weekly gain, which included a strong opening the day after the Robert W. Baird initiated coverage. It was the third new analyst to follow the firm this year, and all are recommending LPI as a buy.

The attention focused on this Tulsa energy firm’s Permian Basin activity is helping to push the share price back to the levels of its 52-high set nearly six months ago.


by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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