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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.

Recommendations:

Costa Likes:

Utilities SPDR

Smalls Likes:

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.

Disclosure:

No immediate information was available for Smalls or Costa.

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More Oil Companies:

Imperial Oil

Petro-Canada

ConocoPhillips

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Disclaimer

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