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An integrated energy company, which explore for acquire, develop, produce and market crude oil and natural gas, transport and refine crude oil and market petroleum and petrochemical products.
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DemonDoug (99.69) Submitted: 9/15/06 3:09 AM : Start Price: $33.53 SU Score: -5.17
Suncor's price has recently dropped with a temporary drop in oil price. Stable company in a stable country with a stable currency that has been gaining on the US dollar. A clear buy at today's price of 67.40
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DemonDoug (99.69) Submitted: 9/21/07 7:09 PM
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I've marked this as a top pick. Suncor is the best company to invest in Canada's oil sands. As long as oil is still needed (and I believe it definitely will be over the next 100 years), Suncor has the positioning, the management, and has shown superb transparency and honesty, with growing reserves, to outperform the overall market in almost any year. If someone asked me what is the one stock to own, this would be it (followed closely by Altria, another top pick). All of my "top pick" picks will be outperforms, and would be great for a real life long position (although the caveat would be when the stocks are overbought. You want to buy oil stocks when the price of oil has dropped, for example when oil was in the mid-50's in January of '07.)Best of luck to all.Disclosure: As of the date of this post, I have long positions in MO and SU.
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