Interestingly, in
addition to the energy stocks, the utilities are up as are the telecom issues, both on apparent bargain hunting after recent losses.
Not exact matches
In
addition to the underperformance from the
energy sector after U.S. military strikes in the Mideast, big oil
stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the market.
Whether or not you buy Mr. Stephensen's argument, I wonder if Canadian investors should obtain even more exposure
to commodities in
addition to what they already own in the
energy and materials
stocks either directly or in their mutual funds.
So in
addition to that recession, they write: «When a company has
to pay for its direct ecological impact, compliance with environmental regulations, and higher
energy costs — or even, in some cases, its reputation as a polluter and lawsuits that arise from its un-green practices — its
stock price can plummet.»