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May 5, 2021
For many investors, the housing market is a bomb ready to explode. So if you want to stick with the asset class (real estate), commercial REITs might be a good alternative.
May 5, 2021
Image source: Getty Images Maxar (TSX:MAXR)(NYSE:MAXR) stock fell off a cliff yesterday after reporting its first-quarter earnings results on Monday. More than 25% of its market cap evaporated yesterday. Apparently, the results were way below expectations, implying that analysts were overly optimistic about the space stock. Specifically, in the first quarter, Maxar only increased its revenue by about 3% to US$392 million. Importantly, it reported a net loss of US$84 million,...
May 5, 2021
Toronto Stock Exchange (TSX) never ceases to amaze investors. Shopify’s (TSX:SHOP)(NYSE:SHOP) blowout earnings in Q1 2021 showed a triple-digit revenue growth (110%). Many thought the leading global commerce company would fail to clear the high bar, but it did. Following the latest quarterly results on April 28, 2021, the share price jumped 11.1% to $1,589.47. Shopify remains the largest publicly-listed company on the TSX with its $180.41 billion market capitalization as of month-end April. ...
May 5, 2021
Transat (TSX:TRZ) Gets a Bailout Too – Should You Buy It Now? More on: It has been a bit late at coming, but the federal government has started injecting money into the airline industry to stabilize it. Some speculate that the government didn’t want a repeat of the first wave of the pandemic, which practically ran the country’s airline to the ground if the third wave gained momentum. With that perspective, the aid is just in time. The first target of this government aid for the sector w...
May 5, 2021
With the S&P/TSX Composite Index up almost 9% year to date, Canadian stocks are undoubtedly enjoying a solid run in 2021. We have seen everything from financials to cyclicals see strong momentum since November 2020. Many Canadian stocks are now trading above their highs set just before the coronavirus crash in March last year. When you consider some of the market excess, particularly in the U.S., value-orientated investors might start to feel a little skittish. If you are looking for a stable ...
May 4, 2021
Image source: Getty Images Right now is the perfect time to make portfolio adjustment for those looking to cycle into new long-term positions. This current environment is one filled with stocks with sky-high valuation multiples. Accordingly, finding great long-term core portfolio positions at reasonable prices is difficult. However, these three stocks are ones I think fits this profile perfectly. So, let’s jump into it. Fortis Long-term investors seeking a reasonably price...
May 4, 2021
Image source: Getty Images Amid high volatility and low interest rates, stocks offering high dividend yields look like attractive investments to generate a steady income flow. However, not all high-yield stocks are worth investing in, and investors should focus on the companies that have uninterruptedly paid dividends for a very long period and have a high-quality earnings base. I have shortlisted three such high-yield stocks that have paid and raised their dividends for o...
May 4, 2021
The growing emphasis on reducing carbon footprint and steady increase demand presents a solid base for outsized growth.
May 4, 2021
BCE just announced its first-quarter earnings, and it beat investor estimates. It might help the company expedite its year-to-date growth.
May 4, 2021
Air Canada (TSX:AC) stock could plunge or take-off over the near-term, but is the risk worth the shot at scoring a longer-term reward?