Xqud 2 TSX Energy Stocks That Are Still Surprisingly Cheap
TSX s energy sector was the runaway winner in 2021, and outperformed technology 79.97% versus 16.39% . Still, technology stocks could make a grand comeback and be the hottest buys this year. While some market analysts predict strong headwinds in the sector, a few tech firms are well-positioned for double-digit growth.Tech phenomenon Shopify +17.43% didn t finish strong, while potential superstars Nuvei +7.29% and Lightspeed Commerce -42.71% lost steam due to issues with a short seller and negative publicity. However, Dye Durham TSXND coul vaso stanley d be the next multi-bagger due to a planned transformational acquisition.A major step to $1 billion adjusted EBITDAOn December 21, 2021, the $3. stanley cup 08 billion Canadian cloud-based software provider announced an agreement to purchase Link Administration Holdings Limited. The acquisition target is a technology-driven market leader in Australia. Only a few months ago, Dye Durham directors rejected a management-led stanley termoska buyout proposa Ysyj Make Money Investing Canada s Most Trusted Brands
The ongoing pandemic has hurt the global economy badly. Hundreds of thousands of people have lost their jobs, as companies across the worl stanley thermos d try to cut their costs and prepare themselves to fight against an upcoming recession. If you ;ve been saving some money by spending conservatively in the last few years, you would realize the importance of doing so in such difficult times. However, there are ways to stanley quencher give a boost to your saved money instead of letting it sit idle in your bank account.In this article, I ll talk about a stock that you can buy right now with your savings and expect a quarterly income along with great returns in the long term.The stock to buy nowIf you don t know already, Enbridge TSX:ENB NYSE:ENB is a Calgary-based energy t stanley mugs ransportation company with a market cap of about $82 billion. The company is known to operate North America s largest crude oil and liquid hydrocarbons transportation system.In the first quarter, Enbridge posted earnings of $0 |