The incoming Trump administration may favor fossil fuel companies through deregulation, impacting energy stocks.
A second Trump administration is likely to affect most, if not all, corners of the stock market, there are few areas expected to be impacted as significantly as the are well-positioned in this space, thanks to their extensive infrastructure and established operations. Six out of eight analysts Suncor have rated it a Buy, and the consensus price target of $56.40 is nearly 40% above current price levels. If Suncor can maintain its operations and remain disciplined about debt management, investors could reap rewards both in stock appreciation and dividends.Another Canadian company, Cenovus has a diverse set of both downstream and upstream operations that has helped it to stand out among smaller energy firms.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3 Fast-Growing Stocks Analysts See Doubling in PriceStocks Analysis by MarketBeat.com (Nathan Reiff) covering: Intellia Therapeutics Inc, Immunocore Holdings PLC, GH Research PLC. Read MarketBeat.com (Nathan Reiff)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
3 Solar Stocks at Bargain Prices: Big Opportunities AheadStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: First Solar Inc, Enphase Energy Inc, Nextracker Inc. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
Post-Election Rally Stalls, but These 3 Stocks Can Keep GoingStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: Caterpillar Inc, JPMorgan Chase & Co, Adobe Systems Incorporated, Exxon Mobil Corp. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
2 Cybersecurity Stocks to Buy and Hold for 2025Stocks Analysis by MarketBeat.com (Thomas Hughes) covering: Microsoft Corporation, Oracle Corporation, Alphabet Inc Class A, Amazon.com Inc. Read MarketBeat.com (Thomas Hughes)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »