An Energy Stock Down 18% to Buy Right Now

Canadian Natural Resources (TSX:CNQ) picked up a nice tailwind over the past two months, but the stock is still down about 18% from its 2024 high. Investors who missed the recent bounce off the 12-month low are wondering if CNQ stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP) portfolio focused on dividends and long-term total returns. Canadian Natural Resources share price CNRL trades near $45 per share at the time of writing. The stock dipped as low as $35 two months ago during the market rout caused…