Ohip Canadian Stocks to Buy: 2 TSX Market Movers in January
Oil prices have been in an upward trend for the last year. To be sure, the WCS oil price has climbed from about US$32 to US$66 per barrel, the WTI oil price has gone from US$41 to nearly US$82 per barrel, and the Brent oil price has risen from US$43 to US$84 per barrel. Oil-weighted oil and gas producers are rallying due to higher oil prices. Here are three energy stocks that you can explore for your consideration. Strategically stanley website trading them could make you some big bucks for your retirement fund.EnerplusEnerplus TSX:ERF NYSE:ERF production this year is estimated to be 62% oil. Management estimates it will produce about 113,000 barrels of oil equivalent per day this year, which would translate to free cash flow of more than $450 million. In the near term, the company plans to allocate about 90% of its free cash flow to de stanley cup bt reduction after paying its dividend.Management has stanley cup a focus on generating free cash flow. It also has a long-term outlook that models the WTI oil price to Eify Bombardier, Inc.: Don t Buy its 15-Year Plan
Searching for deep value in today stock market can be an interesting exercise. Equities have continued to hover around all-time highs in North America, creating what I think of as two distinct markets right now for investors: proven bull market winners/growth plays, and deep value stocks lacking momentum.Inevitably, when the tide d stanley taza oes turn and stanley kubek we witness the next market downturn, some of these deep value stocks will rebound and take advantage of renewed strength in the bottom of the market as investors seek to get out of the growth story stocks that have dominated this past decade.That said, value traps always exist, so here my take on three stocks that could definitely be classified as value traps in my book.Baytex EnergyThe Canadian oil space or really almost any commodity space is a difficult place to invest these days. Baytex Energy TSX:BTE NYSE:BTE has been on my radar for some time, partly be stanley thermobecher cause the stock share price char |
