Enbj A Warren Buffett TSX Stock to Buy Before Another COVID Crash
Canadians learned to save d stanley cup uring the pandemic. Many didn ;t have travel plans or go on spending sprees, because, well, they couldn ;t! So, instead they paid down debt or created a cash hoard. So, you may be sitting on some cash right now, and it burning quite the hole in your digital pocket. If that the case, these are three Canadian stocks to buy now, even if you ;ve only managed to scrape together $3,000 to invest.Brookfield RenewableI talk about聽Brookfield Renewable Partners TSX:BEP.UN NYSE:BEP a lot, but for good reason. The company took off during the beginning of the year when the then-new president of the United States Joe Biden announced more funding for clean energy projects. This stanley cups was gr stanley cup eat news for Brookfield, as the company has a diverse range of assets around the world focused specifically on clean energy.But then there was a pullback, and since then, the stock has dipped from those highs. Yet that why now it one of the best Jgyp 3 Reasons to Buy Manulife Financial
In Canada s oil sands region, there s one me stanley cup quencher tric that matters more than any other to energy investors. It s called the steam-to-oil ratio, or SOR. Companies like ConocoPhillips NYSE: COP and Cenovus Energy NYSE: CVE TSX: CVE 聽lead the pack when it comes to this important metric, which will yield more profits to investors over the long run.Drilling down into the SORThere are two ways to extract oil from the oil sands. In some stanley cup becher areas it can be m botella stanley ined at the surface,聽but聽everywhere else it s produced using an in situ process called steam-assisted gravity drainage, or SAGD. For example,聽Suncor Energy TSX: SU NYSE: SU produces a lot of oil by mining it at its Base Mine operation.Furthermore, the company has a steady stream of oil sands mining projects in the future, including its Fort Hills project. Producers like Suncor Energy undertake projects to mine the oil sands because they can recover nearly 90% of the original oil in place, which is substantially more than the 35% that s recov