2 Energy Stocks to Play Both Sides of Tariff Uncertainty
Portfolio Pulse from
President Trump's tariffs on Mexico, Canada, and China are causing concerns among investors, particularly due to Canada's role as a major energy supplier to the US. Investors are looking for energy stocks that can withstand the tariff uncertainty.
March 05, 2025 | 1:45 pm
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NEUTRAL IMPACT
Cenovus Energy (CVE) is likely to be impacted by the US tariffs on Canada, as it is a major energy supplier to the US. Investors may view CVE as a stock to watch amid tariff uncertainties.
Cenovus Energy is a significant energy supplier from Canada to the US. The tariffs could affect its operations and investor sentiment, but the direct impact on stock price is uncertain, leading to a neutral short-term outlook.
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IMPORTANCE 70
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