Thursday, May 07, 2015 12:27:37 AM
Canadian based companies with overseas interests could very well be beneficiaries here as investors who want to safeguard their investment capital, but don't want to abandon oil at a time prices are looking to eventually regain the $70 threshold, look for alternatives. Buying US currency/companies at this juncture is not a strong bet as the CDN dollar will climb with oil, eroding any US gains. On the other hand, companies like AOI offer a very viable alternative.
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