Goldman Sachs, established in 1869, ranks as the second-largest investment bank globally and offers a variety of financial services including advisory and risk management for clients. Despite a general decline in oil prices, factors such as sanctions against Russia and ongoing demand from the summer driving season are influencing market conditions. Goldman Sachs has highlighted three Canadian energy stocks that are attractive due to their strong dividends and price appreciation potential, targeting growth and income investors looking to enhance their portfolios with energy stocks.
Goldman Sachs is the world's second-largest investment bank, providing financing, advisory services, and risk distribution for institutional and corporate clients.
Oil prices have dropped significantly, despite OPEC+'s efforts, but the potential for sanctions against Russia has heightened interest in energy markets on Wall Street.
The Goldman Sachs energy team has identified three top Canadian energy stocks with high dividends and potential upside, suitable for growth and income investors.
Canadian Natural Resources presents a good entry point for new investors, given its strong dividend and current market position.
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