In this video, I Compare the Top 3 Canadian Oil Stocks in 2020... and find the BEST Stock to BUY NOW! Check out my Instagram (nickpeitschinvesting): [ Ссылка ]
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In this video, I share the 3 best Canadian oil stocks to watch right now, and then I figure out which Canadian oil stock is the most undervalued and best to buy NOW! Back in March 2020, the oil price crash caused oil stocks to drop near all-time lows. However, since then, oil stocks have recovered dramatically with the increasing oil prices and demand for oil, which could be a good sign for the near term future! But keep in mind... investing in oil companies is notoriously more risky than investing in other types of companies, simply because their earnings are highly correlated with the price of oil. There's no guarantee that oil prices will remain at a given price for any period of time!
BUT keep in mind... even though I feel some of these companies are undervalued at their current levels, it doesn't mean that they can't fall further! Always do your own research before buying a stock.
Anyways, thank you for watching! If you did enjoy, please hit the LIKE button to support my channel – I would really appreciate it. Also, be sure to SUBSCRIBE for more weekly content on personal finance, business, and investing!
Please note that I am not a financial advisor. I create these videos for educational and entertainment purposes only. Before investing, make sure you perform your own research and understand all of the risks involved!
Also, please note that some links contained within this video are affiliate links, which means I may receive a commission on any products or services sold.
Music by Lakey Inspired – check out his channel here: [ Ссылка ]
Cheers,
Investing Engineered
Nick Peitsch, E.I.T.
#Investing #Stocks #OilCrash
