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Stock impact report

3 Cheap Stocks to Buy on the TSX Today [Yahoo! Finance Canada]

West Fraser Timber Co. Ltd Common stock (WFG) 
For new investors, they might see a TSX stock with a low share price and think that's it! These are cheap stocks that can certainly explode one day into three-digit territory, right? Wrong. A high share price can still be cheap, and a low share price can still be expensive. What investors want to find is value, which is what heavyweight champion investor Warren Buffett has always focused on. And let's be honest, he's done alright for himself. Today, let's look at three stocks that actually look cheap. WFG First up, there's West Fraser Timber Co. TSX:WFG ). This company focuses on vertically integrated wood products and forest products. It produces everything from lumber to pulp, wood chips to newsprint. This has made it an essential part of the economy, and one that looks quite valuable at writing. During the second quarter, WFG reported weak demand and negative net income as tariffs and U.S. trade action impacted sales. Forward multiples now look elevated because earnings are Show less Read more
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