26.09.2024, 18:10
Gbdo Contrarian Investors: Is Suncor a Good Stock to Buy Today
I want you to think back for a moment to April 2022. We were just coming into ou stanley italia r own on the markets, yet there was one dividend stock that was absolutely dominating. That dividend stock was Nutrien TSX:NTR . While it came from a tragic situation, shares of Nutrien stock surged as the company benefited from sanctions placed against Russia after the invasion of Ukraine.Yet it didn t last long. The market started to drop, and so did Nutrien stock. It s trading at about half of all-time highs. And yet, now could be the perfect time to jump back in.What happened The drop came mainly from the company being overpriced during this tim stanley cups e. The price of potash surge stanley becher d with sanctions against Russia, a large potash producer and at far lower prices. However, the price of potash then came down as it started to flood the market. And that led to lower results for Nutrien stock as well.This led to a rough 2023 for the company. Nutrien stock price fell further and further, with perhaps a few positive bum Mtxm Can the Earnings-Induced Rally in Encana Corporation Continue
If you ;d followed my buy recommendations from last year top three contrarian picks for the new year, you would have easily crushed the SP 500 and the TSX. Two huge winners and one loser were in that bunch, but the gains from the winners heavily outweighed the ~11% loss from the loser. You don ;t need to be right all the time, so depending on the magnitude of your winners, you could easily whack the market with a 60% success rate on your stock selections.For 2018, I ;m going to recommend three fresh contrarian picks that I believe will give investors next-level returns, regardless of which dir stanley water bottle ection the markets are headed. Being a contrarian isn ;t as simple as picking stanley mugs up a beaten-up dog with the hopes that it ;ll rebound. You need to dig deeper into the fundamentals and paint a pictu stanley water bottle re of how a firm will get out of the hole it dug itself in. And you ;ll need to consider the downside risks and potential catalysts that could propel a st
I want you to think back for a moment to April 2022. We were just coming into ou stanley italia r own on the markets, yet there was one dividend stock that was absolutely dominating. That dividend stock was Nutrien TSX:NTR . While it came from a tragic situation, shares of Nutrien stock surged as the company benefited from sanctions placed against Russia after the invasion of Ukraine.Yet it didn t last long. The market started to drop, and so did Nutrien stock. It s trading at about half of all-time highs. And yet, now could be the perfect time to jump back in.What happened The drop came mainly from the company being overpriced during this tim stanley cups e. The price of potash surge stanley becher d with sanctions against Russia, a large potash producer and at far lower prices. However, the price of potash then came down as it started to flood the market. And that led to lower results for Nutrien stock as well.This led to a rough 2023 for the company. Nutrien stock price fell further and further, with perhaps a few positive bum Mtxm Can the Earnings-Induced Rally in Encana Corporation Continue
If you ;d followed my buy recommendations from last year top three contrarian picks for the new year, you would have easily crushed the SP 500 and the TSX. Two huge winners and one loser were in that bunch, but the gains from the winners heavily outweighed the ~11% loss from the loser. You don ;t need to be right all the time, so depending on the magnitude of your winners, you could easily whack the market with a 60% success rate on your stock selections.For 2018, I ;m going to recommend three fresh contrarian picks that I believe will give investors next-level returns, regardless of which dir stanley water bottle ection the markets are headed. Being a contrarian isn ;t as simple as picking stanley mugs up a beaten-up dog with the hopes that it ;ll rebound. You need to dig deeper into the fundamentals and paint a pictu stanley water bottle re of how a firm will get out of the hole it dug itself in. And you ;ll need to consider the downside risks and potential catalysts that could propel a st