These five Canadian companies are among RBC's Top 30 global stock ideas

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RBC Capital Markets Notícia

Constellation Software,Canadian Natural Resources,Getty Images

The list features long-term names 'built around bottom-up best ideas that we also view as offering attractive positioning in the current environment.'

Canadian software company Constellation Software made RBC Capital Markets' Top 30 Global Ideas for 2024. Five Canadian companies cracked RBC Capital Markets' list of Top 30 Global Ideas for the fourth quarter of the year.

"Additionally, we think Cameco has the right mix of assets to meet the coming market needs: proven uranium production with upside, conversion capacity, potential long-term enrichment technology, and nuclear services through Westinghouse," Wong wrote.convenience store chain.

Canadian Natural Resources was also on the list, due to what analyst Greg Pardy says was the company's "superior free cash flow generative power," its management committee structure – the company does not have a CEO – and its target of allocating free cash flow for dividends and share repurchases.

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