tag:blogger.com,1999:blog-3845965357472640025.post151803368834145036..comments2022-10-27T05:26:19.787-07:00Comments on Dividend Lover: Oil Stocks are UndervaluedDividend Loverhttp://www.blogger.com/profile/14189723387560671030noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3845965357472640025.post-20439698314398670262011-10-13T21:34:37.220-07:002011-10-13T21:34:37.220-07:00My strategy is buying cyclical stocks when a secto...My strategy is buying cyclical stocks when a sector is undervalued, so last month for example I picked up some TCW.T and HAL.N which are oil services companies. Their focused exposure to the industry allows their shares to have a higher beta, and climb faster than more defensive stocks. <br />However, once valuations for oil companies revert back to the mean I will sell and replace those stocks with less volatile, diversified companies like CNQ.T, or integrated companies like SU.T (which, besides pumping oil, also runs a retail/distribution business,) so its stock is less influenced by oil prices or geo political problems. But I completely agree with the above analyst and SU.T is one of my core holdings already.Liquid Independencehttps://www.blogger.com/profile/05327597388297574167noreply@blogger.com