YOUR THOUGHTS ON OPEN TEXT AN CDN NATURAL RESOURCES

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STOCK QUESTION

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Asked on June 9, 2020 9:13 pm
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Private answer

Hi there,

In terms of oil & gas stocks, we believe that Canadian Natural is one of the best out there. It is one the lowest cost operators in the industry, has one of the longest dividend growth streaks in the country and was one of the few that has yet to cut the dividend. At today's prices, the company is cash flow positive. A member recently asked for a custom report on CNQ - you can check it out here.

As for Open Text, we like this technology stock. It is cheap in comparison to the industry and is a serial acquirer. The company is also one of the few Canadian Dividend Aristocrats in the tech industry. Once again, we recently created a report for Open Text as it was added to our Dividend Bull List this month.  Check it out here.

Bottom line, we like both of them. Of note, Dan owns CNQ and I own OTEX.

Mat

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Posted by Mathieu Litalien
Answered on June 10, 2020 4:25 am