Investors are foolishly snubbing oil and gas stocks, according to a veteran equity analyst, calling out a “glaring disconnect” he sees between their healthy profits and discounted shares.), has climbed about 17 per cent year-to-date, handily outperforming the broader Canadian market. That strength has come in what’s been a sluggish year for financial stocks, the other heavyweight component of Canada’s main index.
“Despite these attributes, the group continues to trade at a significant discount to other investment sectors in the market,” Ollenberger wrote. “The most glaring disconnect is on free cash flow.” Company executives should be in an optimistic mood heading into the second half of 2024, according to a report released on Tuesday by Deloitte Canada.
An entire Florida homeowners association board quits after $60K special assessment dispute — what happenedThis well-priced basket of Canadian stocks is perfect for a long-term TFSA investor. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.My Top 5 Ultra-High Yield Dividend Stocks to Buy in July