For Barrick Mining, earnings matter less than commodity prices like gold, and its stock performance closely mirrors gold prices, suggesting no extreme movement unless commodity prices rally.
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3 Top Canadian Stocks to Buy NOW (Enbridge, Telus & Cameco)
Aug 1, 2026
The creator discusses three Canadian stocks: Telus, Enbridge, and Cameco. Telus cut its dividend by 50%, causing a stock drop. Enbridge, a pipeline company, saw revenue explode but its stock price remained flat, which the creator finds interesting. Cameco, a uranium giant, also saw a slight dip on earnings but is positioned for future growth. The creator also touches on Canadian National Railway and Barrick Mining, emphasizing the importance of commodity prices for mining stocks.
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Canadian National Railway has proven resilient and presents a buying opportunity due to its status as an undisruptable business, showing good growth from interprovincial trade and the auto sector.
Cameco, a uranium giant with significant reserves, experienced a slight dip on earnings but is considered a potential buying opportunity for exposure to the nuclear future and AI data centers.
Enbridge, a major North American pipeline company, saw its revenue explode to $29 billion but its stock price remained flat, a phenomenon the creator finds intriguing and plans to explain.
Telus cut its dividend by 50% on earnings, causing the stock to drop nearly 10%.
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