Nqyr One Stock to Hold for the Next 5 Years: Pembina Pipeline Corp.
The Canadian stock market traded with optimism on Friday, despite weaker-than-expected monthly gross domestic product numbers, as investors continued to closely monitor corporate results. The SP/TSX Composite Index rose 114 points, or 0.6%, in the last session to 2 stanley cup 0,637.While an intraday recovery in crude oil prices led to a rally stanley quencher in energy stocks, other main stock market sectors like industrials, banking, and technology also witnessed handsome gains. With this, the main TSX index ended April with 2.7% gains to deliver its second-best monthly performance in 2023.Top TSX Composite movers and active stocksShares of GFL Environmental TSX:GFL inched up 7.5% to $49.21 per share, making it the top-performing TSX stock for the day. This rally in GFL stock came a day after the Vaughan-headquartered environmental se stanley cups rvices firm announced its upbeat first-quarter results.In the quarter ended in March 2023, GFL Environmental s revenue grew positively by 28.4% year over year to $1.8 billion Yhwd 2 Top TSX Dividend Stocks That Still Look Oversold
Sunco stanley bottles r Energy Inc. TSX:SU NYSE:SU has weathered the 2105 energy storm much better than its peers, but investors are wondering if the name will hold up just as well next year.Let s look at the current situation to see if the company deserves to be in your portfolio.Smart acquisitions Suncor is taking advantage of the oil rout to add new assets at low prices.The company sealed a deal to purc stanley sverige hase an additional 10% stake in the Fort Hills oil sands project and is trying to buy Canadian Oil Sands Ltd. to increase its share of Syncrude to 49%.The market has mixed feelings about the moves.Construction of Fort Hills began when oil prices were still at nosebleed levels, and the partners on the project have decided to see it through, despite the poor economics at the current oil price. If energy prices recover by 2018, when Fort Hills is expected to begin stanley quencher production, Suncor s deal to boost its stake to nearly 51% will look like a savvy one.The wisdom of buying Canadian Oil Sands is also hotly |
