Here is the article.
I did purchase 500 shares of SU.TO, and I like to take some risk to hold those shares for long term.
What notably differentiates these two is their current valuation. Suncor Energy is currently trading at an EV-to-EBITDA valuation of six times, while Imperial Oil stock is trading close to 11 times earnings. Suncor Energy stock is currently trading at $17, very close to its 15-year lows. It looks attractive from the valuation perspective and could see faster recovery post-pandemic. Suncor’s current valuation is way below its historical average as well as against peers’ average.
Bottom line
Suncor Energy is a fundamentally strong company and will likely reward long-term investors. The stock might sport above-average volatility in the short term, given surrounding uncertainties. However, given the large downstream operations, a fair yield, and attractive valuation, Suncor Energy looks like a more worthy bet.
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