Many investors may be scared out of energy stocks because of their horrible performance for the last few years. However, if you aim for quality stocks and trade them actively, there’s certainly money to be made.
And right now, they’re cheap and offer strong upside potential. The most solid energy stock Suncor Energy (TSX:SU)(NYSE:SU) is profitable in all cycles. Despite low oil and gas prices, Suncor has been profitable with a recent net margin of 12.7%. It’s profitable because of its integrated business that doesn’t entirely rely on commodity prices to do well.
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