Top 5 Canadian Stocks To Watch Right Now

Top 5 Canadian Stocks To Watch Right Now: Texas Pacific Land Trust(TPL)

Texas Pacific Land Trust engages in the sale, lease, and management of land in the United States. It also retains oil and gas royalties, and involves in temporary cash investments. The company leases land to the ranching industry for grazing purposes. As of March 31, 2011, it owned surface rights in 949,355 acres of land in 20 counties in Texas; and 318 town lots in Loraine. The company also owned a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land; and a 1/16 nonparticipating perpetual oil and gas royalty interest under 386,988 acres of land in the western part of Texas. Texas Pacific Land Trust was founded in 1888 and is based in Dallas, Texas.

Advisors' Opinion:

• [By John Udovich]

  Texas has just set another record for job creation – meaning it might be worth it for investors to take a closer look at Texas based stocks like El Paso Electric Company (NYSE: EE), Texas Pacific Land Trust (NYSE: TPL) and Atmos Energy Corporation (NYSE: ATO) that have good exposure to the booming Texas economy. I should mention that I wrote about these stocks before back in late 2012 (see: Do These Texas Stocks offer Texas Sized Returns? EE, ATO & TPL), but the Texas Workforce Commission has reported that the Texas economy added 36,400 jobs in September while over the past 12 months, employers added 413,700 jobs — the most ever recorded by the state. In addition, several companies surveyed by the Dallas Fed responded that they are seeing labor market tightness plus companies are saying they are experiencing upward wage pressures while staffing firms note that candidates are often receiving multiple offers. Given that Texas is a deep "red state" with a business friendly climate where taxes and regulations are much lighter than in any "blue state," there is! no reason to believe the boom won't continue.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-canadian-stocks-to-watch-right-now-4.html