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Gcmi ALERT: 2 Top Canadian Stocks That Just Sent off a Buy Signal
REITs real estate investment trusts have not fared stanley uk well in recent months due to recession risks that only seem to rise with every interest rate hike. Undoubtedly, there are signs that a recession may be unavoidable. From layoffs to hiring pauses, it seems as though we ;ve already slipped in stanley quencher to a downturn. Though high inflation levels may be partially to blame, I think that investors should continue to be cautiously optimistic, given much of the recession risk has already been baked in at these levels.Undoubtedly, there are few places to hide when euphoria stanley cup spain turns to panic. Though we may not be in panic mode yet, one can ;t help but notice the feeling of unease on Wall and Bay Street. It tough to find anything to put your money on these days, given the trajectory of this market and how unforgiving 2022 has been to growth investors.REITs have been slammed amid recession fearsEverything can take a hit when investors rush to cash, including REITs. While REITs may be less v Rhmi Forget Telus (TSX:T): This Telco Stock Is FAR Better Positioned for 5G!
Bargain hunters are combing through the recent wreckage in the TSX Index in the hopes of finding top-quality companies that might be trading at attractive valuations.Let take a look at Suncor TSX:SU NYSE:SU to see if Canada largest integrated energy company deserves stanley cup to be on your buy list right now.Market outlookWorld oil prices enjoyed a huge rally from the summer of 2017 through early October this year, but a recent pullback has investors wondering which way things are head stanley cup ed in 2019. Today WTI trades at US$67 per barrel, which is down from the early October high of US$76, but still well above the US$54 it fetched at this time stanley quencher last year.The recent dip might be a surprise to followers of the oil market as U.S. sanctions against Iran are about to begin. In addition, Venezuela production is falling, and there is some concern as to whether Saudi Arabia will be willing to crank up production to offset any shortfalls.For the moment, the market appears to be takin |
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