PAA Stock Trading Above 50 and 200-Day SMA: Should You Buy it Now?
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PAA stock is trading above its 50 and 200-day SMA, with rising earnings estimates and strategic asset spread in the Permian and other US regions. Bolt-on acquisitions are expected to drive the stock higher.
February 24, 2025 | 6:30 pm
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PAA stock is trading above its 50 and 200-day SMA, indicating potential bullish momentum. Rising earnings estimates and strategic asset spread in key US regions, along with bolt-on acquisitions, are expected to drive the stock higher.
The stock's position above the 50 and 200-day SMAs suggests a positive trend. Rising earnings estimates and strategic acquisitions in key regions like the Permian enhance growth prospects, making the stock attractive for investors.
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