24.09.2024, 01:01
Mprj 2 Low-Beta Canadian Stocks for the Risk-Averse Investor
The big Canadian bank stocks look quite intriguing as we wander into 2024, even with the slate of headwinds that could weigh heavily o stanley mug n loan growth. Indeed, a recession and pressure on mortgages could have the potential to act as a major drag on shares. That said, the bank stocks have had curbed expectations for some time. And their valuations reflect such, in my humble opinion. Even if the banks gravitate downward over the coming quarters, I don ;t think Canadians should shy away f stanley flask rom the entire financial sector. The financial scene represents such a massive part of Canada economy. Further, dividend yields seem to be on the high end, while valuations seem a tad skewed towards the lower end. So, if you ;re a value investor, it time to give the financials another look.At this juncture, insurance stands out as a great value option for investors looking to invest beyond the big banks. Let look at three of my favourite ways to play Canada insura stanley cup website nce Rnfo Market Rally: 3 Top TSX Stocks to Buy Today With $1,000
Oil producers have had a rough run in recent years, and investors with a contrarian investing style are wondering which stocks might offer opportunities for stanley cups uk big future gains.Let take a look at Cenovus Energy TSX:CVE NYSE:CVE to see if it might be an attractive pick right now.Huge acquisitionCenovus decided to swing for the stanley mugs fence last year when it spent $17.7 billion to buy out its oil sands partner ConocoPhillips. In theory, the deal made sense, as it instantly doubled production and the oil sands resource base. Cenovus also picked up strategic assets in the growing Deep Basin plays.The market didn ;t like the move, however, and the resulting drop in the stock price might have contributed to the exit of the CEO. This set up a perfect storm, with falling oil prices, a leadership vaso stanley void, and a ballooning balance sheet combining to drive Cenovus to a low near $9 per share in July 2017. That was a sore point for investors who had owned the stock from the time it was spun out
The big Canadian bank stocks look quite intriguing as we wander into 2024, even with the slate of headwinds that could weigh heavily o stanley mug n loan growth. Indeed, a recession and pressure on mortgages could have the potential to act as a major drag on shares. That said, the bank stocks have had curbed expectations for some time. And their valuations reflect such, in my humble opinion. Even if the banks gravitate downward over the coming quarters, I don ;t think Canadians should shy away f stanley flask rom the entire financial sector. The financial scene represents such a massive part of Canada economy. Further, dividend yields seem to be on the high end, while valuations seem a tad skewed towards the lower end. So, if you ;re a value investor, it time to give the financials another look.At this juncture, insurance stands out as a great value option for investors looking to invest beyond the big banks. Let look at three of my favourite ways to play Canada insura stanley cup website nce Rnfo Market Rally: 3 Top TSX Stocks to Buy Today With $1,000
Oil producers have had a rough run in recent years, and investors with a contrarian investing style are wondering which stocks might offer opportunities for stanley cups uk big future gains.Let take a look at Cenovus Energy TSX:CVE NYSE:CVE to see if it might be an attractive pick right now.Huge acquisitionCenovus decided to swing for the stanley mugs fence last year when it spent $17.7 billion to buy out its oil sands partner ConocoPhillips. In theory, the deal made sense, as it instantly doubled production and the oil sands resource base. Cenovus also picked up strategic assets in the growing Deep Basin plays.The market didn ;t like the move, however, and the resulting drop in the stock price might have contributed to the exit of the CEO. This set up a perfect storm, with falling oil prices, a leadership vaso stanley void, and a ballooning balance sheet combining to drive Cenovus to a low near $9 per share in July 2017. That was a sore point for investors who had owned the stock from the time it was spun out