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These two Canadian stocks can be a great hedge against such a scenario
Includes a Canadian company
Premium companies show at least a modest increase in long term share price. CVE share price today is lower than it was 5 years ago.
cenovus is a premium company, buy it while the sale lasts. q3 will put these sales prices in the rear view mirrow. I'm biased so DYODD
Not sure what to think when most oil stocks up and this one dragging its $ss. Its a start, at least up 1% just like TLM- not a good sign.
You also have to look at the Canadian dollar which has dropped and the differential between the heavy oil CVE sells and the West Te...
I just started buying a few days ago, I only have a few thousand shares. I found it puzzling that when CVE was introduced as a new entity...