I'm not sure if there is any real correlation, but it seems whenever oil prices take a dive, so does SSM. My oil company stocks (STO & WPL) often seem to move in the same direction as SSM on a day to day basis.
There is no logical reason why, they have very little to do with energy, except maintaining pipelines etc. But just something I noticed over the past few months.
The outlook looks good in light of recent events. Any stock with a stable earnings outlook and 4-5% dividend should attract investors.
Add to My Watchlist
What is My Watchlist?
