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Yahoo
17 minutes ago
- Yahoo
1 Energy Stock Down 20% That Might Be Too Cheap to Ignore
Written by Andrew Walker at The Motley Fool Canada Canadian Natural Resources (TSX:CNQ) has recovered most of its losses from the April plunge, but the stock is still down more than 20% from its 2024 high. Investors who missed the rally over the past three months are wondering if CNQ stock remains undervalued and is good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividends and total returns. CNRL trades near $43 per share at the time of writing. This is up from $36 in April, but is well below the $55 it reached last year. Falling oil prices are largely to blame for the weakness in the share price over the past 15 months. West Texas Intermediate (WTI) oil trades near US$68 per barrel right now. That's up from US$57 in May, but still off the US$80 it fetched in 2024. Aside from a few short-term spikes caused by geopolitical risks, oil has actually trended lower over the past two years. Weak demand in China due to a struggling economy has combined with supply growth from non-OPEC countries, including Canada and the United States, to put pressure on oil prices. In 2025, oil traders are focused on trade wars. A recession in the United States and further economic weakness in China could be on the way if high U.S. tariffs stay in place for too long. This would put pressure on oil demand in the two largest oil markets. At the same time, OPEC is planning to increase supply in an effort to win back market share. Analysts broadly expect the oil market to remain in a surplus position through 2026. That would be a headwind for oil prices. CNRL continues to deliver strong financial results, even in the challenging market conditions. The company reported adjusted net earnings of $2.4 billion in the first quarter (Q1) of 2025 compared to $1.5 billion in the same period last year. The company grows through strategic acquisitions, including US$6.5 billion spent in 2024 to buy the Canadian assets of Chevron. This deal added significant production and reserves to the existing portfolio. CNRL benefits from its diversified asset base that includes oil sands, conventional heavy oil, conventional light oil, offshore oil, natural gas liquids, and natural gas properties. The company is adept at moving capital around the portfolio to take advantage of movements in commodity prices. The natural gas business, for example, is benefiting from higher prices in 2025. This provides a good hedge against weakness on the oil side. CNRL's strong balance sheet and diversified assets are the reason the board has been able to raise the dividend for 25 consecutive years. CNRL already increased the distribution in 2025, following two dividend hikes in 2024. Investors who buy CNQ stock at the current level can get a dividend yield of 5.4%. This is attractive for income investors and pays those seeking long-term total returns a decent yield to ride out turbulence in the share price. The Coastal GasLink natural gas pipeline that connects to the new LNG Canada export facility provides Canadian natural gas producers with access to international markets. Additional LNG export facilities on the coast of British Columbia will be completed in the coming years. This is expected to raise the price for natural gas that producers can receive. Currently, almost all of Canada's natural gas exports go to the United States at a price that is much lower than international pricing. This is also true for oil. CNRL and its peers now have access to international markets through the Trans Mountain expansion that went into service in 2024. A new oil pipeline to the coast of British Columbia could be in the works as Canada looks to pivot away from its reliance on the United States. New pipeline infrastructure for both oil and natural gas would benefit CNRL in the coming years. Near-term volatility should be expected in the oil market, but CNRL looks attractive at the current price and pays a solid dividend that should continue to grow. If you have some cash to put to work, this stock deserves to be on your radar. The post 1 Energy Stock Down 20% That Might Be Too Cheap to Ignore appeared first on The Motley Fool Canada. Before you buy stock in Canadian Natural Resources, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Canadian Natural Resources wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love The Motley Fool recommends Canadian Natural Resources. The Motley Fool has a disclosure policy. Fool contributor Andrew Walker has no position in any stock mentioned. 2025 Sign in to access your portfolio
Yahoo
17 minutes ago
- Yahoo
1 AI Giant That's My Technology Sector Pick of the Decade
Written by Aditya Raghunath at The Motley Fool Canada Last week, Meta Platforms (NASDAQ:META) stock surged to record highs above US$747, valuing the tech giant at a market cap of US$1.8 trillion. META stock is now up 350% in the last three years and has returned over 600% in the past decade. The ongoing bull run for META stock signals the beginning of what could be the most transformative decade in artificial intelligence (AI), positioning the company as my top technology sector pick for the 2020s. Mark Zuckerberg's creation of Meta Superintelligence Labs represents a strategic masterstroke that differentiates Meta from competitors. By assembling an elite team including former Scale AI CEO Alexandr Wang and ex-GitHub CEO Nat Friedman, Meta is building what amounts to an AI dream team. The company's willingness to offer US$100 million signing bonuses demonstrates a commitment to securing top talent from OpenAI and other rivals. Meta's unique advantages extend beyond its hiring prowess. Its massive user base of over one billion monthly active users across its platforms provides unparalleled training data for AI models. Unlike pure-play AI companies burning venture capital, Meta's profitable core business generates the resources needed for sustained AI investment at scale. The timing couldn't be better. While competitors focus on narrow AI applications, Meta is positioning for the superintelligence era, technology that exceeds human capability. With AI glasses and wearables gaining traction, Meta is building tomorrow's computing platform today. Meta's parallel approach to developing Llama models while researching next-generation capabilities creates multiple paths to victory. As AI reshapes every industry over the next decade, Meta's combination of talent, data, distribution, and financial resources makes it uniquely positioned to lead the superintelligence revolution. In the first quarter (Q1) of 2025, Meta reported revenue of US$42.3 billion, up 16% year over year, showcasing a successful transition into an AI-powered behemoth. The social media giant's strategic focus on AI is paying dividends across multiple fronts, positioning it for sustained long-term growth. CEO Mark Zuckerberg outlined five major AI opportunities driving Meta's future: improved advertising through AI agents, more engaging content experiences, business messaging automation, Meta AI adoption, and AI-enabled devices. These initiatives are already showing results, with Meta AI reaching nearly one billion monthly active users and AI-driven recommendation improvements delivering 7% increased time spent on Facebook and 6% on Instagram. Meta's open-source Llama models have achieved notable traction with 1.2 billion downloads, establishing Meta as a leader in accessible AI development. This strategy creates a competitive moat while fostering innovation across the broader ecosystem. Meta continues to invest in AI infrastructure aggressively and forecasts to spend between US$64 billion and US$72 billion in capital expenditures this year. Meta continues to expand its portfolio of AI products and services. For instance, the Ray-Ban Meta AI glasses represent a breakthrough in consumer AI devices, with sales tripling year over year and monthly users rising four times in Q1. Despite regulatory challenges in Europe and macroeconomic uncertainties, Meta's diversified AI strategy across advertising, consumer products, and infrastructure creates multiple paths to steady returns. A unique combination of massive user data, advanced AI capabilities, and hardware innovation indicates Meta is well-positioned to capture value from the AI revolution. Despite its massive size, Meta is forecast to increase sales from US$164.5 billion in 2024 to US$290 billion in 2025. Comparatively, adjusted earnings are estimated to expand from US$23.86 per share to US$42.14 per share in this period. If META stock is priced at 25 times forward earnings, which is below its current multiple of 28 times, it will trade around US$1,055 in early 2029, indicating an upside potential of 47% from current levels. The post 1 AI Giant That's My Technology Sector Pick of the Decade appeared first on The Motley Fool Canada. Before you buy stock in Meta Platforms, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Meta Platforms wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Fool contributor Aditya Raghunath has no position in any of the stocks mentioned. The Motley Fool recommends Meta Platforms. The Motley Fool has a disclosure policy. 2025 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
19 minutes ago
- Bloomberg
China GDP, Bank Reports, US CPI, Fedspeak
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Norah Mulinda and Tim Stenovec. (Source: Bloomberg)
