Pkbv Suncor Energy Inc. Posts a Profit in Q2: Is it Time to Buy This Energy Giant
There are plenty of high-quality stocks trading on TSX today. However, finding those with the pe vaso stanley rfect blend of growth, income, and value stanley cup is difficult. That said, the task isn t impossible.The TSX happens to have some great options in this regard. Accordingly stanley cup , those looking to boost their portfolio in a diversified way should consider these stocks.Let take a look.TD BankFrom a defensiveness perspective, Toronto-Dominion Bank TSX:TD NYSE:TD has proven itself a great long-term pick. Despite the downturn caused by the pandemic, shares of TD stock have soared to pre-pandemic levels and beyond.Indeed, this Canadian bank continues to be among my top picks in this sector for a reason. The company leverage to an economic recovery is apparent. The company recent robust earnings reflect the removal of provisions for credit losses the bank was forced to put on its books a year ago. With this headwind seemingly nearing its end, investors have a bright outlook for the futu Melg It s Time to Load Up on Suncor Energy (TSX:SU) Stock!
Integrated oil firm Suncor Energy s聽 TSX:SU NYSE:SU stock price plunged 60% lower to hit historic multi-year lows in March, as investors fled to safety amid a market crash. However, income investors could be more concerned about a safe dividend than the day-to-da stanley cup becher y swings in share prices. Is Suncor s dividend still safe after the recent crude oil price crash Although Suncor stock has registered some price recovery lately, the current dividend yield still reads 8.6%. During normal economic times, dividend yields north of 7% are rate water bottle stanley d high risk and likely unsustainable. This may not be the case at this tried and tested dividend-growth giant right now.Suncor is heavily invested in the oil value chain. The company owns oil production and refineries, and it boasts a strong portfolio of fuel service stations. Oil refinery assets should somehow enjoy lower input costs when crude crashes. Gas stations will roar back to life as soon as lockdowns are lifted. However, stanley cups sustained national lockdown |
