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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (76308)10/7/2024 9:06:38 AM
From: Paul Senior1 Recommendation

Recommended By
Lance Bredvold

  Read Replies (2) of 78748
 
CNQ/CVE. Thanks for CNQ update. I like these oil sands stocks because, 1) no exploratory risk, 2) long-lived supply of oil sands, 3) companies reducing debt and committing to return capital to shareholders in form or share buybacks÷dividends (and dividends are not Canadian taxed to USA citizens if stock in ira/Roth), 4) Canada vs. Arab countries, 5) new Trans Mountain pipeline. Negative is Trudeau/Canadian environmentalists' disdain for fossil fuel development.

I continue to build my positions, adding more each time these stocks are a couple of points lower.

finance.yahoo.com

finance.yahoo.com
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