Buying stocks in a volatile market?
Oil stocks and shares in the Big Five are key asset types to look at in the next couple of weeks. Names such as BMO (TSX:BMO)(NYSE:BMO) and Pembina Pipeline (TSX:PPL) could see increased volatility around the election. Each of these names is a dividend-paying stock of high quality. Pembina is particularly notable for its 8.9% dividend yield and impressive market share.
Down 3.6% over the last five days at the time of writing, Pembina could see further choppiness in the coming weeks. As a midstreamer, though, Pembina is apt for long-term oil and gas investing with a pipeline infrastructure focus. Having lost around 40% of its market value in 12 months, this is a quality stock selling at bargain basement prices.
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