5 TSX undervalued stocks to buy: SU, NTR, BMO, WFG & ONEX

Image Source: © Anlogin | Megapixl.com

Highlights

  • Canada’s main stock index fell by 0.43 per cent on Wednesday, August 17
  • Suncor reported a net income of C$ 3.99 billion in Q2 2022
  • Nutrien increased its net income by 224 per cent year-over-year

Investors focused on deriving significant value can consider TSX value stocks like Suncor (TSX: SU), Nutrien (TSX: NTR), Onex (TSX: ONEX) etc., amid the current market conditions.

Canada’s main stock index shed some gains clocked in the previous session by falling 0.43 per cent on Wednesday, August 17, which could be susceptible to low-risk investors. The value approach to investing can help such investors weather near-term fluctuations.

The TSX value stocks mentioned in the article dole out steady dividend pay-outs. These Canadian stocks seem undervalued with low price-to-earnings (P/E) ratio (a financial measure that assesses the undervaluation or overvaluation of a given stock).

Let’s look at the following undervalued stocks selected by Kalkine Media®:


 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for p