CNQ is a top Canadian stock with tech-like growth due to massive oil and natural gas production increases, poised to explode if oil prices spike.
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Moving To Wealthsimple $634k Canadian Stock Portfolio For Passive Income
The creator discusses their Canadian stock portfolio, highlighting strong performance from major indices like VDY and VOO, as well as individual tech stocks such as Amazon, Google, Microsoft, and Meta. They note a rotation into lower-priced stocks and opportunities in sectors outside of software, while also mentioning their long-term conviction in software companies like Microsoft and Take-Two Interactive despite recent downturns. The creator also touches on commodity rotations between energy and precious metals.
Linked Mentions
Tickers discussed in this post
Broadcom is a significant holding in the Canadian AI ETF (CHIP) and is also held by the creator.
Nvidia is a core holding within the Canadian AI ETF (CHIP) and is also held individually.
Robinhood is mentioned as a comparison point for Wealthsimple's fee structure.
Take-Two Interactive is a long-term hold despite recent struggles, with earnings expected to provide a catalyst.
Meta is performing well, up 12% in the last month.
Microsoft is a long-term hold despite recent selling pressure, with upcoming earnings expected to justify its value.
Google has fully recovered and is showing strong gains.
Amazon is a top performer, up 25% and outperforming other tech giants.