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Suncor Energy  TSX:SU  NYSE:SU  is finally moving higher after a major crash in 2020. Is this the right time to put Suncor stock on your buy list Vaccine impact on Suncor stockCOVID-19 vaccine developments drove oil prices higher in recent weeks, as three top vaccine producers released encouraging results in the trials. The  stanley cup impact is a market shift toward energy stocks, driven by anticipated increases in  stanley quencher fuel demand once the pandemic ends. That bodes well for Suncor.The company is best known for its oil sands operations. Suncor also owns four large refineries and roughly 1,500 Petro-Canada retail locations.The integrated nature of the business normally provides a decent hedge against falling oil prices. In the case of the pandemic, however, oil prices plunged due to a crash in demand rather than as a result of su stanley mug pply issues.Low oil prices hurt Suncor   upstream or production business. On the downstream assets, travel restrictions have cut airline capacity by 90%, hitting the refi Yciw Don t Wait for the Market Bottom: These 2 Top TSX Stocks Are on Sale Today
It costs about 30% more to buy U.S. stocks because of the strong U.S. dollar compared to the weak Canadian dollar. The interest rate in the United States is rising steadily, and its economy is viewed as stronger than ours, so it might still be worth it to buy U.S. stocks.With so many U.S. dividen stanley cups d stocks, which ones should you consider  Again, because of the pricey foreign exchange, it makes sense to look for companies that are priced at a discount. I think dividend stocks have added safety because a portion of their earnings are returned to shareholders regularly.I happened to come across an A-grade U.S. dividend stock that is discounted by 26%: AbbVie Inc.  NYSE:ABBV .The businessAbbVie is a research-based biopharmaceutical company with a focus on immunology and oncology. It has an SP credit rating of A, and it employs more than 28,000 people around the world  stanley cup and  stanley becher markets medicines in more than 170 countries. Last year it generated US$22.8 billion in sales.AbbVie was spun off fro