/biz/ - Business & Finance

>>55741531
Why didn't you buy Apple at $30 bro? We told you bro

>>55096714
If you're thinking that long term, definitely check out royalty/streaming majors. Franco-Nevada especially. It's an incredibly profitable business model and these companies get exposure to commodity prices without having to bear any of the costs. Franco-Nevada especially, being essentially the best and most high quality company in the space, have made their investments counter-cyclically and are now just sitting back and letting the cash flow come in. FNV and WPM are both entirely debt free and both have yuge cash positions; very safe to hold and essentially without operating costs. Growth is built in with these royalty companies, but they are not exactly cheap. They're like the Coca-Cola of commodities.

Pipeline companies like TC Energy have great long term track records of dividend growth so do consider those -- high and sustainable divvies. More on oil & gas, if you think oil and gas prices are going to remain elevated (I think they will), many major o&g producers are trading at rather cheap valuations. Exxon, Tourmaline, Arc, CNRL, etc. -- a bit more speculative as the market is afraid of a recession right now but personally I invested in XOM and TOU a while ago. I see North American natgas going up from these lows, and closing the arbitrage with global LNG prices. New export facilities and pipelines coming online mean new demand at higher prices is coming online, this should benefit B.C. and Alberta natty producers especially. Oil inventories remain low and demand remains high despite recession fears. Not necessarily something to keep HODLing for ten or more years, but right now I see NA natty producers and oil producers as a contrarian trade, and not a bad time to enter if you're an energy bull. Uranium majors are also great energy holds: Kazatomprom and Cameco, the former of which is actually very cheap.

Finally, gold miners. Most royalty cos get the gold upside already but the miners are cheap at these gold prices. EDV, GOLD, AEM, BTO, etc.