Sanchez, 3D Systems Set to Breakout Says Villere Fund Manager

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Sanchez, 3D Systems Set to Breakout Says Villere Fund Manager

Sanchez, 3D Systems Set to Breakout Says Villere Fund Manager
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Sanchez, 3D Systems Set to Breakout Says Villere Fund Manager

by TheStreet.com Videos 2:07 mins

Sanchez Energy shares are not done heading higher due to the driller's savvy Eagle Ford Shale purchase, said Lamar Villere, portfolio manager for the Villere Balanced Fund. Villere added that Sanchez has a strong management team who will also extract value from its Tuscaloosa Marine Shale holdings. He said Everbank's stock will move higher because the S&L stays ahead of industry trends. Villere said Wall Street's estimates for Everbank are too conservative for this ‘second half story’. Finally, Villere is bullish on 3D Systems, saying the printer will see margins improve during the remainder of 2014.

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