1 Magnificent Canadian Energy Stock Down 23% to Buy and Hold for Decades

News Snapshot:

This oil and gas producer has increased its dividend annually for more than two decades. Canadian Natural Resources (TSX:CNQ) has been on a downward trend for much of the past year. Investors who missed the post-pandemic rally are wondering if CNQ stock is now undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividend income and long-term total returns. CNRL share price Canadian Natural Resources trades near $40 per share at the time of writing. The stock was as high as $53 a year ago and recently bounced...