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Bullboard - Stock Discussion Forum Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > AMZN downgraded on March 15 2015 at $370/share
View:
Post by Clemxb7 on May 04, 2021 11:55am

AMZN downgraded on March 15 2015 at $370/share

https://www.marketwatch.com/story/amazon-stock-downgraded-to-neutral-2015-03-09

I'm posting this to point out if you cannot think for yourselves and actually listen to these moron analysts.

Think this instead SU = $$$$$$$$$$$$$
Comment by Chris007 on May 04, 2021 12:03pm
The biggest difference is, as we have all painful learned, premium technology growth stocks like AMZN are basically perpetually expensive. These megacap techs invest huge in R&D and the outcomes are notoriously hard to put a value on Suncor and other oil companies are hard to forecast in other ways, in that its notoriously difficult to accurately forecast commodities far into the future ...more  
Comment by Clemxb7 on May 04, 2021 12:18pm
SU isn't that hard to figure out. SU=$$$$$$$$$. SU's strategy is "if you build a mountain of cash they will come" Share buybacks, debt retirement and dividends are all good for investors. Buying back debt strengthens the company the most. Share buybacks and dividends both return money to shareholders. At these prices buying back shares is solid thinking though I can't see ...more  
Comment by Plus50 on May 04, 2021 12:25pm
Everything you say makes sense its just that watching SU today after watchingIMO last week is hard to take.  The society today is a trowaway stuff so you can buy more useless stuff you dont really need on Amozon that is made in China. Now if CHQ does what IMO did when they report then it may be time to throw in the towel on SU
Comment by Plus50 on May 04, 2021 12:26pm
And dony tell me its a down day in the market because last week IMO was up big on a down day
Comment by Chris007 on May 04, 2021 12:36pm
Yes, all these things are good for investors, yet noone seems interested. SU is basically stuck in no man's land...For income investors intested in the energy cyclical recovery, CNQ is the go-to vehicle. They have good leverage to oil prices in that they have ridiculously low operating costs, and their dividend is basically iron-clad (board and management have demonstrated that basically ...more  
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