Suncor Energy Inc. T.SU

Magnificent seven?

[lifeisgood1010]

For those who like to look back at history will remenber the nifty 50.We know how it ended.
Then we had the 1998-2000 .com era.We know how it ended.
then there was the housing buble of 2006-2007 were you just had to buy a house and you were garanty to get rich.

Today it's the mangificent seven.These 7 stocks are great , profitable and well managed.
With friday's rebalancing they now accout for 45% of the Nasdaq 100 instead of 55%.

While they are very good company, just like the nifty 50 were, trees don't grow to the sky
and one day(who knows when), valuation will come to more realistic levels.

when a major correction occur,SU like most company will probably see a drawdown but low valuation stocks will go down a lot less.

Cyclical stocks go up and down.And Su as been down and now, it just broke it's downside trend.

The risk/reward is now in the favor of the longs.

Being my biggest position and by far, i may have my pink glass on but that's the way i see it
and respect the one who see it differently.

Good luck to all

 

[Oldnagger]

Yesterday, I had to be somewhere else in a hurry. So I jumped in my eight year old SUV , gassed up at the nearest Petrocan station and drove as fast as I could get away with . Fortunately I arrived in time. When you need transportation in a rush it is good to know that there are still options avaiable. Suncor has infrastructure galore that guarantees that oil sands will wind up not only in your

[ztransforms173]

Duplicating Suncor would be almost impossible these days. - that is ABSOLUTELY CORRECT - with the DEPOPULATION WEF operator in power, getting an UPGRADER OPERATING LICENSE (to process raw bitumen into synthetic crude oil {SCO}) will be pratically IMPOSSIBLE to get and I believe that financing such a COSTLY VENTURE [over $ 10 billion] will be an INSURMOUNTABLE TASK given the anti-oil DISPOSITION

[mrbb]

some are lucky enough to have lot of siestas time, hence home charging suit them really well.