What do you guys feel about:
Suncor
SEA
Meta
Cleveland Cliffs
Old Dominion/Heartland
Everyone needs oil - so Suncor is a sure thing.
Meta might become big because the gaming et cetera. But there is big competition - like Microsoft, Google and other big tech companies will go into that market too. So, Meta/FB won't be able to dominate the market.
I don't know anything about SEA, Heartland or Cleveland Cliffs.
DWAC might run again when he tries to run again for election. It’s not in Wealthsimple though.
I heard an inside information how Suncor provides oil for the city of Toronto.That’s a good moat. I appreciate other xxxxxxx info to, especially biotech and mining. Those are where the rips are
Well, Suncor provides oil for the entire Canada and other countries - no just Toronto.
Not sure about the mining - since Covid-19 - ravaging the economy. Also, with US destroying the trading line - and having trade war with China - it definitely doesn't help either.
For the biotech companies like Pfizer, Moderna, J & J et cetera. They are going to be long-term investment.
As for inside information - you might wanna be careful about that.