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Lssd 2 Dividend/Growth Stocks on Sale Today
Although the recent oil price rally boosted TSX energy stocks, they are still trading much lower than their peaks. Baytex Energy stanley becher TSX:BTE stock is an apt example. It has soared approximately 23% since last month but is still trading 50% lowe stanley cups r than its 52-week high last November.What s so special about Baytex Energy Market participants expected Baytex to expand its footprint in Canada s one of the most prolific oil plays: Clearwater. However, the company announced its acquisition of Ranger Oil, a surprise expansion in the U.S. Eagle Ford Basin. 聽The US$2.5 billion deal opens up a lot of growth opportunities for Baytex, though. The production is now expected to reach 155,000 barrels of stanley cup oil equivalent per day from 88,000 barrels previously. It significantly increases the production of light oil, which trades at a premium. Another benefit of expanding in the U.S. Eagle Ford is its accessibility to the U.S. Gulf Coast. The premium pricing and lower transportation costs will likely help boo Ppoo Market Pullback: 2 Defensive Dividend Stocks to Buy Now
Charlie Munger said, Stock picking is like gambling: those who win well seldom bet, but when they do, they bet heavy. Munger is the vice-chair of Berkshire Hathaway聽and Warren Buffett s partner in business.He isn t the first person to compare gambling and stock investing, and he will certainly not be the last. And while true investing and gambling don t really overlap, sometimes investing can feel like gambling.That especially true if you consider a stock聽like Air Canada TSX:AC .The airline business has been hi stanley mugs t so harshly by the pandemic that a lot of people have gone from wondering will Air Canada go bankrupt to when will Air Canada go bankrupt. Te stock hasn t been this low since August 2017. It s a win-big, lose-big bet, for those daring enough to take it.If it goes bankruptWhen a company goes into bankruptcy, its assets are sold to pay off its debts. Capital from liquidating the assets is distributed among government tax obligations , financial institutions stanley water bottle lo stanley cup an repay |
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