1 Energy Stock Down 20% That Might Be Too Cheap to Ignore

Canadian Natural Resources (TSX:CNQ) has recovered most of its losses from the April plunge, but the stock is still down more than 20% from its 2024 high. Investors who missed the rally over the past three months are wondering if CNQ stock remains undervalued and is good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividends and total returns. Canadian Natural Resources share price CNRL trades near $43 per share at the time of writing. This is up from $36 in April, but is well below the $55 it reached…