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APC - A Focus On Energy: Cenovus Energy Is Undervalued
Anadarko Petroleum Corporation
"A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years …We are profoundly worried that this could be a risky allocation over the next 10." - Sanford C. Bernstein & Company Analysts (January 2017)
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Introduction
The energy sector is historically out of favor, representing a record low percentage of the S&P 500 Index, as measured by the