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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (48780)10/24/2018 8:10:24 PM
From: Goose94Read Replies (1) | Respond to of 202691
 
Suncor Energy (SU-T) top pick from Michael Sprung on BNN.ca Market Call Wednesday Oct 24th @ 1200ET

Suncor is Canada's largest integrated energy company. The company has an extremely strong upstream asset base and the top downstream business in North America. Suncor is the most profitable Canadian refiner. Recent strengthening in crack spreads has resulted from low feedstock costs and more stable product pricing. The company generates very strong free cash flow, higher than its Canadian and global peers. Ongoing stock repurchases and dividends will return capital to shareholders. Despite these factors, the share price has lagged providing an opportunity for investors.