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lvmt Passive Income
Zjep Why I Can t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account
Suncor Energy TSX:SU NYSE:SU stock fell 8% last week, as crude oil prices took a major dip. On Thursday of last week, WTI Crude Oila widely followed oil benchmark 8211 lipped below US$90, a key psychological threshold. Although Suncor stock is still stanley mugs up for the year, it is rapidly giving up its gains. This begs the question: is the stock still a buy, or is its run already over To help answer this, I ;ll explore stanley cup the factors that are dragging SU stock lower, and attempt to determine whe stanley tumbler ther the stock is done rising for 2021.Oil prices fellThe big reason why Suncor stock fell last week is because oil prices fell in the same period. When oil prices fall, oil producers tend to make less money, so oil stocks fall too.This year, oil prices have ranged from US$76 to US$123. Price levels below US$90 aren ;t unheard of. However, these lows have not been seen since before Russia invasion of Ukraine, which raises the possibility that the global oil supply crunch is ea Wele Is Dollarama Inc. Still a Buy After Q3 Results
What happenedShares of The Trade Desk NASDAQ: TTD were movin stanley bottles g lower last month after the programmatic advertising specialist got swept up in a broad-based sell-off of high-flying cloud stocks. As a result, Trade Desk shares finished the month dow stanley thermos mug n 24%, according to data from SP Global Market Intelligence.As the chart below shows, the stock fell consistently over the course of the month as a number of factors prompted investors to back away from stocks like The Trade Desk.So whatAlthough there was no company-specific news out on Trade Desk last month, there were several reasons for its slide. First, the stock came into the month having already doubled since the beginning of the year, and was therefore one of a number of software-as-a-service stocks that the market seemed to believe was overvalued. Trade Desk shares plunged on Sept. 9, when a wide range of cloud stocks dropped after earnings reports from so stanley cup me cloud companies seemed to come up short of the market lofty expe |
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