Canadian Natural Resources: Buy, Sell, or Hold in 2025?


Source: fool.ca fool.ca

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Canadian Natural Resources is down more than 20% in the past year. Is CNQ stock oversold? Canadian Natural Resources (TSX:CNQ) is down more than 20% over the past year. Investors who missed the big post-pandemic rally are wondering if the pullback is a good opportunity to buy CNQ stock for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio. Oil market outlook The price of West Texas Intermediate (WTI) oil is US$60 per barrel at the time of writing compared to around US$80 a year ago. Brief rallies occurred in June and January, but the trend...