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rgey Undervalued: 2 TSX Stocks That Unjustly Got Hit Last Week
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Mwxz 3 Reasons to Consider Canadian National Railway Company
The Canadian stock market has seen a sharp correction in 2022, as growing macroeconomic uncertainties continue to weigh on investors sentiments. Difficult times like these are a great reminder for you to add some safe dividend stocks to your portfolio that are fundamentally strong and can withstand economic shocks. In this article, I ll highlight three of the best Canadian dividend stocks with excelle stanley cup nt staying power you can consider buying right now.Scotiabank stockSpeaking of fundamentally strong dividend stocks in Canada, Bank of Nova Scotia TSX:BNS is definitely worth considering. This Toronto stanley mugs -headquartered banking sector giant currently has a market cap of $77.9 billion, as its sto stanley romania ck trades at $66.17 per share after losing nearly 25% of its value in 2022 so far. At the current market price, it has an attractive dividend yield of 6.2%.Scotiabank s revenue sources are well diversified geographically as well as segment-wise, making it one of the safest dividend stocks to own in Ca Jnor 1 High-Leverage Energy Play With Tonnes of Upside Today
While Canadian Oil Sands Ltd. TSX:COS was rightfully shunned by most as a viable way to gain exposure to the oil production sector during the oil price decline, the recent Q1 2015 earnings release, coupled with the apparent stanley water bottle firming up of WTI prices, makes Canadian Oil Sands an intriguing option for the first time in months.Canadian Oil Sands is a pure-play oil company, producing 100% synthetic crude through its 36.74% stake in the Syncrude oil sands mining project. Due to the fact its production is entirely unhedged, it is deeply leveraged to the price of oil鈥攁 fact that resulted in the stock falling 60% from September to stanley quencher December 2014, and the dividend being slashed 75%.While the company did report a loss of $186 million in Q1 2015, there were several extremely positive operating and financial results, which leverage the company even more significantly to a recovery stanley becher in oil prices, while improving its downside protection should oil prices decline once again.Canadian Oil Sands is show
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