For the US investor, Canadian stocks offer a currency hedge against a declining US dollar. One only needs to look at the Canadian and US issue of a given stock to see this. For example Canadian National Railway (CNI) would have returned over 460% to a US investor compared to 360% for a Canadian investor over the past ten years. All of the below stocks offer diversification to other currencies as well, which is advantageous as a result of the interconnected nature of the US and Canadian economies.
We are large supporters of owing few companies in our portfolios, understanding them fully, while still being diversified as a result of the business segments or markets the company operates in: Computer Modelling Group (OTC:CMDXF), Canexus Corporation (OTC:CXUSF), Calfrac Well Services (OTC:CFWFF) and Inter Pipeline (OTC:IPPLF).
Source: Seeking Alpha
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