Q: I continue to hear analyst after analyst talk about the Canadian energy sector in a positive light. They recommend companies like CNQ, SU, TOU, WCP etc. over and over again with very little upside ever showing up. The overall index has been virtually flat for 3 years despite all the table pounding from analysts.
I would love to hear 5i's take on the energy sector in Canada in general and when/if you see it breaking out and providing some bigger gains than have been seen in recent years.
Any explanation on what is holding this sector down, what needs to happen to see a breakout, would you be buyers of the sector at these multiples, do you have specific favourites - these are all questions I would love to hear your opinion on.
Thanks for all the great info you provide through this service - it has been a life-changer for me!
I would love to hear 5i's take on the energy sector in Canada in general and when/if you see it breaking out and providing some bigger gains than have been seen in recent years.
Any explanation on what is holding this sector down, what needs to happen to see a breakout, would you be buyers of the sector at these multiples, do you have specific favourites - these are all questions I would love to hear your opinion on.
Thanks for all the great info you provide through this service - it has been a life-changer for me!
5i Research Answer:
Energy exposure for diversification purposes certainly can still make sense and the energy...