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U.S. and Canadian stocks rallied as traders picked up non-resource sector stocks, while assessing solid U.S. retail sales.
These two Canadian stocks can be a great hedge against such a scenario
Includes a Canadian company
They will indeed wait for oil to bounce back third qtr seems about right to me,but as you said longterm hold would suffice.
Sharing my research notes created from TD Action Notes for the companies I follow...
I doubt very much they will spin out more than 25-30% given current market conditions and even then only if the metric are good. but...
As soon as CVE spins off it fee lands this stock with oil at 80 will be 40.00 next fall
Cve is a great company with assets, well recorded,you would have to barkings not to own this stock,if you not in the oil sector!Safe div...