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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (59132)5/28/2019 7:50:10 PM
From: Goose94Read Replies (1) of 202704
 
Suncor Energy (SU-T) top pick from Bruce Campbell on BNN.ca Market Call 2nite Tuesday May 28th @ 1800ET

Suncor is the safest way to play Canadian energy. You are shielded by the refining and marketing side of the business, the lowest cost on the oil sands side and lots of upcoming growth. The company generated more than $500 million of free-cash-flow last quarter. The yield is now 4 per cent.

Suncor trades at less than six times cash flow. It’s normally 7.5 times, so you are buying in cheap and get paid to wait for a better tone to the energy markets.
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