Canadian smallcap oil stocks may win if Ukraine war erupts, Damas says

|By:, SA News Editor

"War in the Ukraine? Buy Canadian small-cap oils," BCMI newsletter editor Chris Damas asserts, believing they could benefit from the sort of spike in oil prices that's happening today.

Specifically, Damas advises investors to take a look at Longview Oil (LGVWF -1.5%), Surge Energy (ZPTAF -1%) and Crew Energy (CWEGF +3.2%); he says they're inexpensive relative to current commodity prices and should do particularly well as geopolitical risks cause oil prices to remain elevated or spike higher.