|
Tjma Warren Buffett: Own These 2 Stocks You d Better Take Profits Now
It s no secret that oil and gas stocks like Cenovus Energy TSX:CVE suffer from negative investor perception. But it wasn t always like this. And it doesn t have to be like this forever either. Because these companies are cleaning up their acts, and their businesses continue to be fundamentally strong.Let s take at Cenovus Energy stock to see why it is worth considering.Cenovus is not the company it once wasThis is true both from an environmental perspective and a business perspective. Let s tackle the environment first. Today, Cenovus has a whole section of its website devoted to its commitment to the environment. Whether this is a function of economic necessity or a moral position, th stanley mug e fact is that the company is investing in reducing its environmental impact.Actually, the whole oil and botella stanley gas industry is doing the same. And this is a big change. It was a stanley cup gradual change, and you might think it s a little late. But I remember years ago, when the oil and gas industry took the position th Mmah 3 Bargain Stocks You Can Buy Today and Hold Forever
The Canadian stock market has not been spared from a global stock market sell-off that was sparked in early October.Savvy investors will always perk up during turbulent periods. It is during pullbacks where the groundwork for future gains are lain, and the bloodbath in October is no different. That is wh stanley thermobecher y we will be looking at equities that are potential discounts in stanley cup the final days of October.Today we ;ll focus on the two largest auto parts manufacturers in Canada. Earlier this month I d discussed how the United States-Mexico-Canada Agreement USMCA may impact both companies going forward. The deal has yet to be ratified, but more details have trickled in that are worth consideration for investors before we take a snapshot of both stocks.The stanley taza framework of the deal raised the tariff-free threshold for North American auto content to 75%. Industry experts are predicting that Canadian automakers will face higher manufacturing costs due to the USMCA, and this could projection could be |
|