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- 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
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®:
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