Hidden Trades: Energy & Utilities
Peter Costa, president of Empire Executions and Tim Smalls, head of U.S. trading at Execution LLC, weighed in on the best places to invest now.
Energy Sector—“We’ve been long energy for a couple of weeks since crude was trading at $46 a barrel,” Smalls told CNBC.
Suncor Energy—“As the price of crude oil goes higher, Suncor is the most levered to the price and will benefit tremendously,” he said.
No immediate information was available for Smalls or Costa.
More Oil Companies: