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

To: Goose94 who wrote (152777)	8/28/2023 10:20:22 AM
From: Goose94	Respond to of 203329

Canadian Natural Resources (CNQ-T) new 52 week high, $84.98 on half decent vol.

To: Goose94 who wrote (152777)	8/28/2023 2:47:42 PM
From: Goose94	Read Replies (2) \| Respond to of 203329

Canadian Natural Resources (CNQ-T) top pick from Brianne Gardner on BNN.ca Market Call Monday August 28th @ 1200ET Oil stocks are turning upward again now, along with the price of oil which recently topped US$80 per barrel once again. CNQ has industry-leading free cash flows. This provides for a robust and sustainable business and dividends for shareholders. It offers a 4.42 per cent dividend yield in addition to its large share buyback program. Its debt-reduction and efficiency focus over the next few years puts the company in a better long-term position to endure the inevitable cyclical turns. A really well-run business, it’s had amazing revenue growth the last 10 years while keeping profit margins strong so that earnings growth has kept up. We see some attractive valuations in the oil and gas space, with some businesses still near 30-year low values, and CNQ is still good value.