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Klju Better Buy: Canadian Bank Stocks or Telecoms
Since the rebound in demand for oil worldwide, the energy sector has been on a roll. Oil prices have remained at elevated levels at the start of the second quarter of fiscal 2022, and it has boosted the performance of the SP/TSX Composite Index. The Canadian benchmark index is up by 1.95% year to date at writing, and much of the growth has come through the strength of the Canadian energy sector.Commodity stocks become a popular hedge for many investors during bear markets. If you are interested in enjoy stanley cups ing significant wealth grow stanley mugs th in a short time, allocating some of your investment capital to Canadian oil stocks might seem like an excellent option to consider.However, there may be some need to practice caution when choosing energy stocks to add to your portfolio stanley becher . Today, I will discuss two Canadian oil stocksthat risk-averse investors might want to avoid due to recent developments for both companies.Suncor EnergySuncor Energy TSX:SU NYSE:SU is a $59.68 billion market capitaliza Qjbb Fairfax Financial Holdings Ltd.: Now Is the Time to Buy
One key principle of value investing is the idea that the price you pay determ vaso stanley ines your rate of return. That is to say, the less you can pay for a business of a particular value, the higher the return you can get. If this is true, Enbridge Inc. 聽 TSX:ENB NYSE:ENB return prospects just increased substantially after the recent pullback.Enbridge shares have plummeted 23% si stanley cup quencher nce mid-April along with the broader market, but this decline represents little to no fundamental change to Enbridge underlying earnings potential. The reason is because most of Enbridgestanley cup becher 8217 earnings come from regulated assets with long-term cost-of-service contracts that guarantee Enbridge a rate of return higher than its cost of capital. This protects Enbridge from risk due to falling oil volumes, and the fee-based nature of most of its business whereby the company is paid a fee per barrel transported ensures Enbridge has very little commodity price exposure.The bottom line is, the recent plunge |
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发表于 2024-9-27 11:09:37