Ojhq How to Buy TSX Stocks Like the CPP Investment Board
Last year was tough for equity markets as rising interest rates, high inflation, and the Russia-Ukraine war weighed on investors ; sentiments, dragging down stock prices. However, the imposition of sanctions on Russia raised oil prices, benefiting the energy sector, which outperformed the broader equity markets. Amid the favourable conditions, Suncor Energy TSX:SU and Enbridge TSX:ENB returned around 41% and 14%, respectively.Going forward, which of the two stocks would be a better buy right now Let s look at their growth stanley cup prospects and valuations.Suncor EnergyAlthough oil prices have cooled down considerably from their March highs, analysts are bullish on oil. They cite supply concer stanley website ns and demand recovery due to the easing of restrictions in China as price drivers. In fact, analysts at RBC Capital Markets believe oil prices have alr stanley italia eady bottomed out for this year and could only move North. Given its long-life, low-decline asset base, Suncor Energy expects to break even at WTI Vxof This Is Crescent Point Energy Corp. s Top Priority for 2016
Generally speaking, I am not big on recommending stocks in the marijuana industry.The reason for this is because the marijuana industry is so inflated, I find it hard to find a company that has a strong underlying business and a competitive advantage in the crowded industry.That said, HEXO TSX:HEXO NYSE:HEXO is a game changer in the marijuana industry. For those of you unfamiliar with the company, it is a consumer packaged goods cannabis comp stanley france any specializing in ease-of-use marijuana products.Its brands include the eponymously named HEXO, the sublingual mist product line Elixir, the fine-milled cannabis line Decarb and the typical dried cannabis. On a purely revenue basis, the company is the sixth-largest marijuana company in North America. stanley quencher Its reputation has helped the company secure a $65 million stanley cups uk syndicated credit facility with CIBC and BMO, which gives credibility to HEXO.The reason why HEXO is worth your investment is due to its price point and its increasing revenues.Attractive p |
