Q: I have had ALA for about a year and am up app 22%, Now I am considering selling and re-investing in either CNQ or SU. Plse give me your thoughts
5i Research Answer:
They are quite different companies; we think ALA is OK currently. But under an energy rally both SU and CNQ likely will have more upside. We would be OK with a switch to either if one understands the differences between producers and infrastructure companies. We think a switch is less attractive is taxes apply.