Buy the dip with these 10 cheap Canadian stocks

It’s best not to sell when facing volatility and market corrections - However, if you have some cash to deploy, here are some 'cheap' stocks in our coverage universe to consider

Ruth Saldanha 2 March, 2020 | 2:18AM
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Store with sales signs

The COVID-19 (Coronavirus) panic has well and truly spread. People are worried about more than just contracting the virus (and potentially dying), with fears about food, medicine and mask shortages seeing people build up their stockpiles. 

Fear is also spilling into the markets. The S&P/TSX Composite index has fallen more than 1500 points since the start of this week. Some experts even say that this could be the beginning of a recession.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Aurora Cannabis Inc8.40 USD-5.62Rating
Cameco Corp23.77 CAD-2.74Rating
Canopy Growth Corp24.18 USD-4.28Rating
Cronos Group Inc8.80 CAD-5.98Rating
Curaleaf Holdings Inc17.35 CAD-4.67Rating
Green Thumb Industries Inc35.99 CAD-5.44Rating
Nutrien Ltd74.65 CAD0.15Rating
Ovintiv Inc25.97 USD-3.56Rating

About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor at Morningstar.ca. Follow her on Twitter @KarishmaRuth.

 
 
 

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