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Mbyn Contrarian Investors: Down 45% in 2020, Is This TSX Stock a Buy
As the stock market has recovered from the pandemic market c stanley cups rash and rallied past the pre-pandemic highs, it has become harder and harder to find value. Here are some top Canadian stocks trading at decent valuations for your consideration in May 2021.Suncor stockSuncor Energy TSX:SU NYSE:SU stock has remained weak and depressed since it slashed its dividend last year. At the time, management took a cautious stance by suspending stock buybacks and reducing the quarterly dividend by 55%. These actions reduced the energy stock s cash break鈥慹ven price to cover operating costs, sustaining capital, and dividends at about West Texas Inte stanley puodelis rmediate WTI US$35 per barrel. The WTI oil price sits at north of US$60 per barrel currently! Suncor stock could see stanley cups seasonal strength going into the summer months through August, during which North Americans enjoy the warm weather and outdoor activities. Because of the COVID-19 pandemic, people are more inclined to drive than take public transit, which Exck This TSX-Listed Gold Miner Returned 198% in 1 Year
Oil prices have been on a good run the past year, although we are starting to signs of a resistance and a recovery that could prove limited. West Texas Intermediate WTI prices have seen stanley canada a big improvement in the past year, rising to around US$66 a barrel before seeing a pullback in price. We ;ve seen a similar pattern with Brent oil prices recently hitting US$70 before falling again.What perhaps most intriguing is that we aren ;t seei stanley becher ng this translate into higher stock prices in the industry. In fact, we ;ve seen oil stocks continue to fall. I ;m going to look at two big oil stocks to see which one could be a better buy and if either one is worth investing in today.Enbridge Inc. TSX:ENB NYSE:ENB continues to fight the market, as the stock is down 4% in the past month and it has declined stanley thermos 20% since the start of the year. For its efforts, the company has been putting together some strong results. In its most recent quarter, sales were up 38%, although some |
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发表于 2024-10-1 15:57:21
发表于 2024-10-1 15:57:24
