5 Most Profitable Canadian Stocks

In this piece, we will take a look at the five most profitable Canadian stocks. If you want a deeper dive into the Canadian economy, then read 12 Most Profitable Canadian Stocks.

5. Canadian Natural Resources Limited (NYSE:CNQ)

Latest TTM Net Income: C$7.1 billion

Canadian Natural Resources Limited (NYSE:CNQ) is an oil and gas company headquartered in Calgary, Canada. The shares are rated Buy on average and analysts have set an average share price target of $74.41.

By the end of 2023’s third quarter, 41 out of the 910 hedge funds part of Insider Monkey’s database had bought and owned Canadian Natural Resources Limited (NYSE:CNQ)’s shares. Rajiv Jain’s GQG Partners was the firm’s biggest investor as it owned 20 million shares that are worth $1.3 billion.