28.09.2024, 13:01
Vrdj TFSA Investor: Is CIBC (TSX:CM) Stock a Buy for the 5% Dividend Yield
Volatility has become a mainstay in global financial markets as the effects of Russia s invasion of Ukraine echo worldwide. The world s second-largest exporter of crude oil after Saudi Arabia invaded Ukraine on February 24, 2022, inciting heavy economic sanctions from NATO, the US, Europe, and several other countrie stanley cup s.Rising energy prices worldwide is one of the impacts of rising geopolitical tensions due to the conflict and subsequent sanctions. Higher crude oil prices mean a heftier bill at the gas station when you go to fill up your c stanley cup ar. More expensive gasoline seeps into every aspect of our lives, leading to more inflation.However, seasoned investors might recognize the current situation as an opportunity, provided they make the right investments. Higher energy prices mean that oil producers in Canada can enjoy greater profit margins due to the disparity between demand a stanley cups nd supply. If you are looking for growth stocksin the current environment, Canada s energy sector boasts several a Nhro Don t Forget Pot Stocks! 1 High-Upside Investment for 2021
The market wisdom is that long-term income inv stanley cup estors should avoid investing in highly cyclical stocks. If you re an investor using your dollars from your Tax-Free Savings Account TFSA , you may also be facing a similar dilemma.But there a few stocks where this approach doesn t work. Canada stanley isolierkanne s energy giant Suncor Energy TSX:SU NYSE:SU is one of them. Being from highly volatile energy space, the price of Suncor shares can be volatile. That s what we ve been experiencing in the past six months. After touching $55.47 in past summer, its shares are now down about 22% from the 52-week high, as oil prices went through a major correction, and Alberta announced some production cuts to overcome the domestic oil glut.For long-term investors whose aim is to build their income portfolio, this is a good time to buy Suncor and take advantage of its high dividend yield. The reason of my bullish forecast for this integrated oil giant is that its stock will most likely to come stanley thermoskannen back from this downturn
Volatility has become a mainstay in global financial markets as the effects of Russia s invasion of Ukraine echo worldwide. The world s second-largest exporter of crude oil after Saudi Arabia invaded Ukraine on February 24, 2022, inciting heavy economic sanctions from NATO, the US, Europe, and several other countrie stanley cup s.Rising energy prices worldwide is one of the impacts of rising geopolitical tensions due to the conflict and subsequent sanctions. Higher crude oil prices mean a heftier bill at the gas station when you go to fill up your c stanley cup ar. More expensive gasoline seeps into every aspect of our lives, leading to more inflation.However, seasoned investors might recognize the current situation as an opportunity, provided they make the right investments. Higher energy prices mean that oil producers in Canada can enjoy greater profit margins due to the disparity between demand a stanley cups nd supply. If you are looking for growth stocksin the current environment, Canada s energy sector boasts several a Nhro Don t Forget Pot Stocks! 1 High-Upside Investment for 2021
The market wisdom is that long-term income inv stanley cup estors should avoid investing in highly cyclical stocks. If you re an investor using your dollars from your Tax-Free Savings Account TFSA , you may also be facing a similar dilemma.But there a few stocks where this approach doesn t work. Canada stanley isolierkanne s energy giant Suncor Energy TSX:SU NYSE:SU is one of them. Being from highly volatile energy space, the price of Suncor shares can be volatile. That s what we ve been experiencing in the past six months. After touching $55.47 in past summer, its shares are now down about 22% from the 52-week high, as oil prices went through a major correction, and Alberta announced some production cuts to overcome the domestic oil glut.For long-term investors whose aim is to build their income portfolio, this is a good time to buy Suncor and take advantage of its high dividend yield. The reason of my bullish forecast for this integrated oil giant is that its stock will most likely to come stanley thermoskannen back from this downturn