In a new report, Goldman Sachs analyst Neil Mehta update’s the firm’s bullish outlook for a number of oil stocks. The price of crude is up more than 57 percent since its February bottom, but Goldman sees more upside ahead for a number of oil names.

According to Mehuta, the three types of stocks that oil investors should be buying are stocks with exposure to Canada, coastal refiners and oil majors with strong free cash flow (FCF) numbers.

Goldman names Suncor Energy Inc. (USA) SU and Cenovus Energy Inc (USA) CVE as its top Buy-rated Canadian oil stocks.

Goldman is anticipating…

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