10 Best Stocks to Buy According to Elliott Investment Management

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3. Suncor Energy Inc. (NYSE:SU)

Market value of shares owned: $2,336,476,688

% of portfolio: 10.34%

Suncor Energy Inc. (NYSE:SU) is one of the 10 best stocks to buy according to Elliott Investment Management.

On February 6, 2026, independent equity research firm Veritas downgraded Suncor Energy Inc. (NYSE:SU) from Reduce to Sell, with a price target of C$64. Separately, on February 5, 2026, RBC Capital kept an Outperform rating on the shares and raised the price target on the stock from C$69 to C$75. In a research note, the RBC Capital analyst informed investors that the company’s fourth-quarter performance raised the firm’s belief in its long-term prospects.

Suncor Energy Inc. (NYSE:SU) highlighted $3.2 billion in adjusted funds from operations and $1.7 billion in free funds flow for the fourth quarter of 2025, in its financial report from February 3, 2026. It also noted returning approximately $5.8 billion to shareholders, with $3.0 billion in share repurchases and $2.8 billion in dividends for the full year 2025. Suncor Energy Inc. (NYSE:SU) also declared a dividend of C$0.60 cents per share payable on March 25, 2026, to the shareholders of record as of March 4, 2026.

Founded in 1917, Suncor Energy Inc. (NYSE:SU) is a premier integrated energy company and the world’s largest producer of bitumen. It operates from its headquarters in Canada.

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