While the broader markets are trading near all-time highs, several companies across multiple sectors are priced at a discount in December 2024. Here are two cheap TSX stocks you can buy to benefit from outsized gains in 2025 and beyond. Let’s dive deeper.
Headwater Exploration stock
Valued at a market cap of $1.6 billion, Headwater Exploration (TSX:HWX) is a junior resource company that is engaged in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick.
Headwater has outlined a multi-year business strategy aiming to grow base production and maintain positive adjusted working capital for strategic opportunities. The company explained it would add incremental prospects through strategic land acquisitions and accretive acquisitions, both of which should translate into consistent dividend hikes.
Headwater aims to end 2024 with a record…
