Suncor Energy Inc (SU.TO)

Eidtor's Note: He does not hold stocks for long. Since his strategy is trading stocks these past picks were made only about a month ago. It is following the same sideways chart as energy stocks in general. He is buying at around $38 for a trade. A breakout trade would be even better. Pays a 5% dividend.

It has a new CEO and a dividend of 5%. It is trading at a discount to its peers because of its previous track record. It will be able to increase its dividend so there is upside on returning money to shareholders.

Watch and wait for a bigger pullback. Very depressed valuation, with a new CEO coming in.

Current share price presenting value.
Energy fundamentals strong with under-investment.
Good name for the long term.
Does not believe recession will occur.
Good time to buy.

Good upside potential, nice yield, strong balance sheet. Oil demand isn't going away, despite ESG, making oil availability more difficult. With the Trans Mountain expansion, spread between WTI and WCS is closing, bullish for Canadian oil companies. Yield is 5.14%.

He's in trading and defense mode. Great company. Has come down to a probable support point. Time to start accumulating positions. Probably oversold and ready to bounce, and if it doesn't, he only has a 2% position and the company is a big cap, well known name. Yield is 5.29%.

It has struggled over the years. It has great assets but they have had difficulty in the execution of operations. The new CEO is putting the emphasis on the work culture and streamlining operations. It is trading at a discount to its peers and pays a good dividend.

Very high quality. Headwinds of safety and production issues. New CEO seems to be a good move. Lots of free cashflow. Increasing impressive dividend, now about 5%. Paying down debt, so balance sheet is strong. Growth strategy in place. Underperformed YTD, but will catch up longer term. Good buy here.

Currently underweight in oil and gas. Commodity producers are slaves to the one thing they can't control, the price of the commodity. Somewhat insulated from the commodity price. Great company, financially strong. His pick is CNQ.

Owns shares in portfolio.
Currently the sector is under valued.
Very strong reserve base.
Good management. 
Safe dividend yield around 4%.
Would recommend buying. 

Owns some shares in holdings.
Health and safety improvements will help the company.
Highest payout in any Canadian company (dividends and share buybacks).
Strong balance sheet. 
Expecting a 100% return on share price.

He wouldn't like to see the company split up. Aggressive US managers are pushing for change. Extremely inexpensive. Continues to recommend. Yield nearly 5%.

Investors have collectively decided that the banking crisis will cause a hard landing recession and thus a drop in oil demand. 
It is certainly one possibility, but it is also possible that it doesn't. 
Valuations look good for investors willing to look beyond a few months.  
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