Where to invest as crude slides

By Staff | December 5, 2014 | Last updated on December 5, 2014
1 min read

The current slide in crude prices has “stalled the best year for Canadian stocks since 2009,” reports Financial Post.

But traders haven’t been discouraged, it adds, since they’re now focusing on companies that sell to U.S. consumers and that, as result, benefit from the low Canadian dollar.

That list includes Alimentation Couche-Tard Inc. and CGI, as well as major non-energy resource stocks. Read more.

Read: Wood you buy this investment?

At the same time, however, investors should be wary of any securities that have exposure to the oil and gas sector, such as heavy-machinery stocks, reports Nasdaq.

For more on current markets, read:

Best year for private equity

Opportunities in oil

Investment predictions by TIGER 21 members

Help clients look past volatile oil prices

Why you should monitor energy trends

Advisor.ca staff


The staff of Advisor.ca have been covering news for financial advisors since 1998.