Oil stock #2: Suncor Energy (SU) - Jamie Dlugosch

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Oil stock #2: Suncor Energy (SU)
Jun 27, 2009 06:00 PM UTC

Jamie Dlugosch

Return	Risk
+46.05%	LOW

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Symbol	Sentiment	Start	Return	Closed
XOM		06/27/09	-10.02%	--
SU		06/27/09	-21.36%	--
COP		06/27/09	-26.57%	--

Via BloggingStocks:

Filed under: International markets, Canada, Oil, Stocks to Sell

stocks to sell suncor energy Suncor Energy (NYSE: SU) is a vertically-integrated oil company located in Canada. Unlike its vertically-integrated brethren in the United States, this Canadian stock is up more than 40% this year. By comparison, Exxon Mobil (NYSE: XOM) is down 13%, and ConocoPhillips (NYSE: COP) is down more than 20%.

The reason for the big difference in performance is the weakness in the dollar. That makes Canadian-based Suncor more valuable to investors.

Continue reading Oil stock #2: Suncor Energy (SU)

Oil stock #2: Suncor Energy (SU) originally appeared on BloggingStocks on Sat, 27 Jun 2009 13:00:00 EST. Please see our terms for use of feeds.

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