Q: Would you buy any of these stocks ? Or wait for a pullback after the big gains? If yes what is a good entry price and what upside do u see. Any other stock you would prefer in this sector?
As always thank you
As always thank you
5i Research Answer:
We would be fine buying any of these today. If there is positive end-of-war news the sector could check back a bit. Buying now we think depends on one's sector position. We would not want to be 0% for energy so would be OK with some exposure. ENB $73, KEY $48; we do not like target prices but would target 9% to 10% returns. SU $86 and we would target 10% to 12%. We would also add CNQ to this list ($61, 12%).