Petro-Canada (PCZ), an integrated oil and gas company out of Calgary, Canada, is staging for what I believe will be a 5-10% increase before the 1st of November. The technical indicators alone indicate such a move, but what's more, the fundamentals continue to point to undervaluation and good performance forecasts.
Technical indicators aside, PCZ is forecasting a 68% increase in EPS for 2007 over 2006, from $3.52 to $5.14, and a 10% increase for 2008 or 2007. PCZ is also ranked by Reuters, Rochdale Research, and Sabriet as a "Buy"
