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Oil stock #2: Suncor Energy (SU)

stocks to sell suncor energy Suncor Energy (NYSE: SU) is a vertically-integrated oil company located in Canada. Unlike its vertically-integrated brethren in the United States, this Canadian stock is up more than 40% this year. By comparison, Exxon Mobil (NYSE: XOM) is down 13%, and ConocoPhillips (NYSE: COP) is down more than 20%.

The reason for the big difference in performance is the weakness in the dollar. That makes Canadian-based Suncor more valuable to investors.

Continue reading Oil stock #2: Suncor Energy (SU)

Symbol Lookup
IndexesChangePrice
DJIA-187.9610,276.44
NASDAQ-45.492,130.56
S&P 500-22.851,087.78

Last updated: November 27, 2009: 10:01 AM

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