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

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 Inc0.90 USD5.09
Cameco Corp12.81 CAD1.43
Canopy Growth Corp14.84 USD0.07
Cronos Group Inc8.12 CAD-4.36
Curaleaf Holdings Inc5.36 CAD-2.01
Green Thumb Industries Inc7.97 CAD-0.25
Husky Energy Inc4.83 CAD1.26
Nutrien Ltd50.94 CAD1.41
Ovintiv Inc4.47 USD8.11

About Author

Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca