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May 18, 2006
UBS report (dated) on Suncor, Thurs., May 18, 2006, 1:38 PM
I just received a UBS report on Suncor (TSX, NYSE: SU), which is the leader of the Canadian oil sands group. I thought you might like to read it since SU is a Cara 100 component and I like the oil sands play in a big way. Download file
The UBS target is US$108.21, and the stock is now trading about US$77.03. That's an upside potential of +40.5 pct plus dividends.
If there is a sudden pullback in the oil price, I'll probably add to SU long positions, including writing a short (2 month) put.
Cara 100 GICS 10 Suncor Energy Inc (SU) (SU) Financial Data
Posted by Posted by Bill Cara on May 18, 2006 01:38:19 PM | Category: 10 Energy , Alberta oil sands , Canada , Cara Global 100 Best Companies