stockchase picture

Compiling comments that experts make about stocks while on public TV.

2012-10-23

Opinion for Suncor Energy Inc (SU-T)

Signal Price Bias Subject Owned
$32.660 OPTIMISTIC NORTH AMERICAN - LARGE No

There is seasonality in the oil/gas business and patterns are fairly well known by investors and is sort of implicitly built into the prices. He doesn’t own a lot of oil/gas stocks. Trying to predict the oil price over the short-term is very difficult. Looks like the supply has actually been more than was thought this year, in the US in particular. There is this geopolitical price because of potential conflicts in the Middle East. This is one of the blue chip names in the sector and this one would be a pretty good bet if you like this sector.

Colin Stewart
Portfolio manager, JC Clark Investments Ltd.

1 Comment

Sue

October 23rd 2012 at 5:49pm

Prefer Canadian Natural Resources (CNQ.TO)


You must be logged in to comment.