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  5. CNQ: both at near highs and are in different sectors but which one do you like better long term. [Canadian Natural Resources Limited]
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Q: both at near highs and are in different sectors but which one do you like better long term. just worried a bit if cnq is moving on oil price and possibly of iran conflict
Asked by hans on February 20, 2026
5i Research Answer:

We have some CNQ comments posted in the past 24 hours. They really are too different to properly compare. SLF is the 'safer' call. We would first consider sector allocation here. We would still be comfortable owning both. Long term we would side with SLF simply as it is less cyclical.