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Yweb Investing Strategies for Canadians in an Uncertain Economy
It can certain stanley cup ly be said that Enbridge TSX:ENB was perhaps one of the best investments Canadians could have made over the years. The company had it all. A steady stream of revenue coming from across North America from its pipeline projects. A growing asset base as the company continued to expand these pipelines. All this growth fed into a growing share price, as well as a growing dividend.But these days it a different story. Not only would I not recommend buying Enbridge stock, I would recommend avoiding oil and gas stocks all together, if I ;m honest.Here why.Let take a look at Enbridge stockEnbridge stock had a pretty easy time in the last few decades of expansion. But in the last decade or so, things have become far more difficult. This is what happens when the stanley cups world starts the shi stanley quencher ft towards renewable energy and away from the harmful effects of oil and gas stocks.Enbridge, in particular, has been met with roadblocks again and again. Whether it Hhvb 3 Reasons Why Brookfield Asset Management Inc. Is a Top Stock for Income Investors
Empire Company Limited聽 TSX:EMP.A has been in free-fall mode for quite some time, but the stock is starting to show signs of life after the announcement that聽Canadian Tire Corporation Limited ex-CEO will become the new CEO of Empire and Sobeys. It never a good strategy to c stanley thermosflasche atch a falling knife, but I believe the stock is oversold and could offer terrific value to shareholders with a long-term mindset.There no question that Empire complex operational structure is a stanley canada huge mess right now, and changes won ;t happen overnight. It may actually take more than a year for Empire to get its operations back in order, so contrarian investors interested in a rebound should have a long-term horizon because in the short term, it very likely that the stock will face a ridiculous amount of volatility.A history lesson in the Canadian grocery spaceLoblaw Companies Limited聽 TSX was in a similar situation about 10 years ago. O stanley nz perations were a complete mess, a |
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发表于 2024-9-29 06:47:04