Time to buy Suncor? With Suncor's market cap still cut in half... is it a buy? Or a value trap?

Freaky takes a look a large cap Canadian Oil Sands stock. #Suncor #CanadianOilSands. Is it time to rotate more into Energy with the expected weak Q2 earnings out of the way?

Freaky goes through Suncor's vertically integrated business model, the recent Q2 financials, a list of Pro's and Con's at this current price point, and then decides if its Time to show the hated Canadian Energy sector some love.

With the weak USD continuing due to continued USD money printing, and a lack of Capex in the entire industry, the current environment may set up nicely for a long term rally in the Oil price. But is it still too early amid the continued demand shock due to covid? Time will tell... however, at this price it might be time to show the Canadian Energy market some love...
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Видео Time to buy Suncor? With Suncor's market cap still cut in half... is it a buy? Or a value trap? канала Freaky Finance Fellow