cenovus energy

Cenovus Energy Inc. is a Canadian integrated oil and natural gas company headquartered in Calgary, Alberta. Its offices are located at Brookfield Place, having completed a move from the neighbouring Bow in 2019.

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CENOVUS ENERGY, $9.32, is a buy for the Resources segment of your portfolio. The company (Toronto symbol CVE; Shares o/s: 1.2 billion; Market cap: $11.5 billion; TSINetwork Rating: Average; Dividend yield: 2.7%; www.cenovus.com) owns 100% of the Christina Lake and Foster Creek oil sands properties in Alberta....
Despite persistently low oil and gas prices, you should continue to hold Resource stocks in your portfolio (as much as 15% of the total). To cut your risk, however, investors should stick with producers—like Cenovus and Encana—that have high-quality properties and low operating costs.


CENOVUS ENERGY INC....
NEWMONT GOLDCORP, $43.45, is a buy. The stock (New York symbol NEM; Shares outstanding: 819.6 million; Market cap: $35.6 billion; TSINetwork Rating: Average; Dividend yield: 1.3%; www.newmontgoldcorp.com) gives you exposure to the world’s largest gold miner now that Newmont has acquired Vancouver-based Goldcorp Inc....
CANADIAN TIRE CORP. $143 (www.canadiantire.ca) is still a buy. The retailer has come under fire from U.S. hedge fund Spruce Point Capital Management, which claims the stock is overvalued by about 50%. Specifically, it feels Canadian Tire is losing market share to brick-and-mortar rivals Walmart and Home Depot, as well as online sellers....
We have long told our Successful Investors to look for industry leaders that can adapt quickly to changing market conditions—while still focusing on building long-term value for investors. Telus, for example, has had to match a new unlimited data plan for its wireless customers in response to aggressive moves by its competitors.


While that has slowed the company’s subscriber and revenue growth, it continues to excel at hanging onto its customers, which is partly why you’ve gained 13.6% in the past year....
NUTRIEN LTD. $61 is a buy for investors. The stock (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares o/s: 572.9 million; Market cap: $34.9 billion; Price-to-sales ratio: 1.8; Dividend yield: 3.9%; TSINetwork Rating: Average; www.nutrien.com) lets you tap the world’s largest producer of agricultural fertilizers, shipping about 27 million tonnes annually.


Nutrien took its current form on January 1, 2018, when Agrium Inc....
CAE INC. $34 is a buy. The company (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 265.0 million; Market cap: $9.0 billion; Price-to-sales ratio: 2.5; Dividend yield: 1.3%; TSINetwork Rating: Average; www.cae.com) has sold two new flight simulators for Boeing’s new 777X jetliner to Dubai-based Emirates Airline....
CN recently settled an eight-day strike by its conductors and yard workers. The resolution came sooner than many analysts had expected. Still, the strike was long enough and impacted enough industries to highlight the huge importance of railways to Canada’s economy....
If you took our advice and held Home Capital during its 2017 liquidity crisis, your patience has been rewarded. The stock has recovered those losses, and is in fact now up 20% since before its big drop. Even so, we continue to keep a close eye on this aggressive pick for our subscribers to protect your gains.


HOME CAPITAL GROUP INC....
TRANSCONTINENTAL INC. $13 remains a buy. The company (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 87.3 million; Market cap: $1.1 billion; Price-to-sales ratio: 0.7; Dividend yield: 6.8%; TSINetwork Rating: Average; www.tc.tc) is Canada’s leading commercial printer....