Imperial's Shares Gain 16% YTD: Should You Buy or Wait for Now?

Imperial Oil Limited (IMO) has experienced 16% growth in its share price year to date (YTD), significantly outperforming the broader oil and energy sector, which has seen a 0.3% decline. This stark disparity raises a key question for investors: Should they invest in the stock now or wait for a more favorable opportunity? Image Source: Zacks Investment Research Based in Calgary, Imperial is more than just a Canadian oil company; it's a major player with a multi-layered portfolio that includes oil and gas pro ...