RBC head of global energy research’s top stock picks for a lower oil price

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RBC head of global energy research’s top stock picks for a lower oil price
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Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow is reading today on the Web

RBC Capital Market s head of global energy research Greg Pardy reviewed his top picks in light of a lower commodity price environment,

“We continue to favor companies that possess focused leadership teams, strong balance sheets, capable execution, and resilient business models.

“Global sentiment improves for 1st time since June on “Fed cuts=soft landing” optimism… cash level dips to 4.2% … investors best described as “nervous bulls”… Sept FMS shows big rotation to bond sensitives from cyclicals … tactically Sept FMS says the bigger the Fed cut, the better for cyclicals ...

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