While Suncor News Today

Warren Buffett has owned oil stocks like Suncor Energy (TSX:SU)(NYSE:SU) in the past. Here's what he's buying now.

In addition to driving shareholder returns through its core business, Suncor will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor plans to divest its wind and solar assets.

Image source: Getty Images Canadian stocks have reversed some of their gains, as continued uncertainty over the pace of economic recovery and high valuations are keeping investors on edge. Besides, the resurgent virus continues to play spoilsport.  While the stock market could continue to remain volatile in the short term, the long-term fundamentals remain strong. I believe the widespread vaccine distribution and economic expansion could drive meaningful growth in some of t...