Buy Canadian Natural (CNQ) as Middle East Tensions Push Oil Higher - Upgrade to Buy
CNQ is a high-quality, low-cost producer that benefits disproportionately when crude prices spike. With Iran conflict risk ratcheting up, oil prices have asymmetric upside. Take a tactical long: entry $68.00, initial target $85.00, stop $60.00. Time the trade for the next 180 trading days while monitoring realized oil moves and company updates.