Mgxz RRSP Investors: 2 Cheap Dividend Stocks to Buy and Hold
The TSX Index is flirting with pre-crisis highs again. It is up almost 50% today from March lows stanley cup and has made a spectacular comeback through this pandemic.But stocks like Suncor Energy聽 TSX:SU NYSE:SU and Laurentian Bank TSX:LB are still struggling. These contrarian stocks have their fair share of struggles. But are they the stocks that will provide investors with outsized returns going forward Here, at Motley Fool Canada, we would like to find out.Let s take a look at which of these sto stanley us cks is a better buy today.Suncor Energy stock is the contrarian stock to buySuncor Energy is an integrated player in Canada s oil and gas industry. This means that Suncor has exposure to revenue from different parts of the oil and gas value chain. In its production segment, Suncor gets hits when commodity prices are low. But in stanley cup its refining segment, where crude oil is transformed into more useful products such as gasoline, Suncor benefits as oil prices fall.This integrated business model offers div Qkvm Why You Should Sell Your BlackBerry (TSX:BB) Stock and Buy Shares in This IoT Company Instead
Warren Buffett is one of the most revered investors on Wall Street. Also known as the Oracle of Omaha, Buffett has manag stanley cup ed to beat the broader markets time and again. stanley quencher When he speaks, millions listen. On May 2, Berkshire Hathaway聽announced its first-quarter results and held its annual shareholder meeting.The big news was Warren Buffett s exit from airline stocks. Berkshire Hathaway liquidated shares in all of its airline stocks including American Airlines, Delta Airlines, Southwest Airlines, and United Airlines.Unsurprisingly, this news sent shares of all these companies lower. Air Canada聽stock has also fallen close to 12% in the last two trading sessions. The airline space is highly volatile and has been decimated in re stanley cup cent weeks. As countries around the world have shut their borders, air traffic is down 90%.Air Canada and peers will experience a drastic fall in revenue for the first two quarters of 2020. The airline sector is a capital-intensive business, and companies are losing mill
