10-02-2024, 07:50 PM
Syck Analyst Picks: 2 Defense Stocks to Buy, 1 to Hold, and 1 to Sell
The North American energy sector has suffered from some major disruptions in the month of May. Last week, the Colonial Pipeline, t stanley cup he biggest fuel line in the United States, was hit with a ransomware cyberattack. This massive pipeline supplies nearly 50% of the east coast with fuel. The news raised alarms for political leaders and, in some areas, led to gas hoarding. This event has stirred volatility. Suncor TSX:SU NYSE:SU , one of the largest integrated oil producers in Canada, saw its stock drop 2% stanley italia yesterday. However, it is already on the rebound as of late-morning trading on May 12.Today, I want to discuss why Suncor is still well worth consideration.Why I m excited about this energy stock after earningsSuncor released its first-quarter 2021 results o stanley cups n May 3. As predicted, the company benefited from improved oil prices in late 2020 and early 2021. Funds from operations FFO climbed to $2.11 billion or $1.39 per common share up from $1.00 billion, or $0.66 per common share, Tjnd My 3 Favourite TSX Stocks Today
Market corrections often come w stanley thermoskannen hen they ;re least expected. They can wreak havoc on your portfolio.While most investors seek to grow their capital as quickly as possible, protecting yo kubki stanley urself from losses is just as valuable. In fact, there one stock on this list that has minted money for investors by avoiding market-wide collapses.If you want to protect your portfolio from the next market correction, take a look at these stocks immediately.Fairfax Financial HoldingsThis is perhaps the gold stan stanley trinkflaschen dard of this list. Founded by veteran investor Prem Watsa 鈥?who many call the Warren Buffett of Canada 鈥?Fairfax Financial TSX:FFH has a track record beyond reproach.This stock is essentially a mini Berkshire Hathaway.Fairfax Financial is a holding company that owns interests in a wide variety of businesses from insurance providers to software designers. Watsa uses the cash generated by these businesses to invest in new opportunities nearly every year.Through its ownership of Fairfa
The North American energy sector has suffered from some major disruptions in the month of May. Last week, the Colonial Pipeline, t stanley cup he biggest fuel line in the United States, was hit with a ransomware cyberattack. This massive pipeline supplies nearly 50% of the east coast with fuel. The news raised alarms for political leaders and, in some areas, led to gas hoarding. This event has stirred volatility. Suncor TSX:SU NYSE:SU , one of the largest integrated oil producers in Canada, saw its stock drop 2% stanley italia yesterday. However, it is already on the rebound as of late-morning trading on May 12.Today, I want to discuss why Suncor is still well worth consideration.Why I m excited about this energy stock after earningsSuncor released its first-quarter 2021 results o stanley cups n May 3. As predicted, the company benefited from improved oil prices in late 2020 and early 2021. Funds from operations FFO climbed to $2.11 billion or $1.39 per common share up from $1.00 billion, or $0.66 per common share, Tjnd My 3 Favourite TSX Stocks Today
Market corrections often come w stanley thermoskannen hen they ;re least expected. They can wreak havoc on your portfolio.While most investors seek to grow their capital as quickly as possible, protecting yo kubki stanley urself from losses is just as valuable. In fact, there one stock on this list that has minted money for investors by avoiding market-wide collapses.If you want to protect your portfolio from the next market correction, take a look at these stocks immediately.Fairfax Financial HoldingsThis is perhaps the gold stan stanley trinkflaschen dard of this list. Founded by veteran investor Prem Watsa 鈥?who many call the Warren Buffett of Canada 鈥?Fairfax Financial TSX:FFH has a track record beyond reproach.This stock is essentially a mini Berkshire Hathaway.Fairfax Financial is a holding company that owns interests in a wide variety of businesses from insurance providers to software designers. Watsa uses the cash generated by these businesses to invest in new opportunities nearly every year.Through its ownership of Fairfa
