Daily Stock Opinions and Ratings

Opinions

Paul Harris, CFA Petro-Canada PCA-T DON'T BUY Dec 22, 2008

Short term, commodities will have a difficult time because of the economic environment. Long-term, demand will go up and may take 1 or 2 years to happen. Prefers other oils because he is not sure where this ones growth will come from. Also had some issues with their oil sands projects.

Paul Harris, CFA

Unlock Rating

$25.510

Stock price when the opinion was issued

integrated oils

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

BUY

Merging with Suncor (SU-T). The reason to buy either is that they have a production profile that could grow dramatically. If you are positive on energy over the next little while, it makes a ton of sense to have a senior company like this.

SELL

Merger with Suncor (SU-T) is pretty much a done deal. Doesn't think this will go any higher so he would sell and pick up more Suncor, which is in the penalty box right now.

BUY

Merger with Suncor (SU-T) makes all the sense in the world. Very good combination. You get the oil sands along with a cash flow that will come from their more conventional assets.

PAST TOP PICK

(A Top Pick Sept 23/08. Up 17.4%.) Acquired by Suncor (SU-T).

PAST TOP PICK

(A Top Pick Oct 16/08. Up 107%.) (Now Suncor (SU-T)) A dominant player. Well diversified across gas, oil, oil sands, upstream, downstream. Will be the bellwether stock in the oil/gas industry.

PAST TOP PICK

(A Top Pick Nov 18/08. Up 91%.) Acquired by Suncor (SU-T), which he still owns. Lightened up a little. There will be a lot of opportunity.

PAST TOP PICK

(A Top Pick Jan 9/09. Up 65.9%.) Merged with Suncor (SU-T).

PAST TOP PICK

(A Top Pick Feb 2/09. Up 30.2% Using Suncor (SU-T) prices.)

PAST TOP PICK

(A Top Pick Feb 24/09. Up 76.35%.) Merged with Suncor (SU-T) and he holds their shares.

PAST TOP PICK

(A Top Pick March 30/09. Up 36.71%.) Absorbed into Suncor (SU-T). See Top Picks.)

Most Recent Experts

Colin Stewart

JC Clark Investments Ltd.

Bill Harris, CFA

Avenue Investment Management

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Bruce Campbell (2)

Stone Castle Investment Management Inc.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Paul Harris, CFA Petro-Canada PCA-T DON'T BUY Dec 22, 2008

You might be interested:

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Petro-Canada(PCA-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Colin Stewart

Bill Harris, CFA

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Bruce Campbell (2)