It’s another up-and-down day as investors try to weigh what seems to be a strong U.S. economy and weakening global economy. This of course, makes it tough to bid up stocks to new highs, but at the same time, it’s hard to sell U.S. equities when it’s the best house in the neighb
You’ve no doubt noticed that Canadian marijuana stocks are sizzling hot right now. Three stocks are performing especially well. Canopy Growth (NYSE:CGC) is up well over 80% so far in 2018. Cronos Group’s (NASDAQ:CRON) share price has more than doubled this year. Tilray (NASDAQ:TLRY), which conducted its initial public offering (IPO) in July, has seen its stock skyrocket more than 170%.
Canadian Pacific Railway (NYSE:CP) (TSE:CP) had its target price increased by Stifel Nicolaus from $200.00 to $207.00 in a research note issued on Thursday. The brokerage currently has a “hold” rating on the transportation company’s stock. Stifel Nicolaus’ price objective points to a potential upside of 6.17% from the stock’s current price.
Shares of Safestore Holdings Plc (LON:SAFE) have been given a consensus recommendation of “Buy” by the six brokerages that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock....More>>>
Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.
In this segment of Motley Fool Money, host Chris Hill asks analysts Jason Moser, David Kretzmann, and Ron Gross to share which companies they have their eyes on, and why. Their picks are Southwest Airlines (NYSE:LUV), niche healthcare play iRhythm Technologies (NASDAQ:IRTC), and Canadian cannabis company Canopy Growth (NYSE:CGC). But let’s be clear — not all of these are buy recommendations.
Kinder Morgan (NYSE:KMI) thought it had a bright future in Canada when that country approved the multibillion-dollar expansion of its Trans Mountain oil pipeline a few years ago. The company even created separate entity to operate its Canadian assets; it expected to use Kinder Morgan Canada Limited (TSX:KML) to finance that expansion effort as well as others.
Yext (NASDAQ: TCX) and Tucows (NASDAQ:TCX) are both business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation and risk.
The U.S. Securities and Exchange Commission (SEC) has taken down a cryptocurrency scam offering. According to the SEC website, the commission has obtained an emergency asset freeze to halt a fast-moving initial coin offering (ICO) fraud. While this is not technically a bitcoin fraud, the reality is that it shows 1) how willing the public is to chase gains and 2) how willing potentially scammers....More>>>
Reinsurance Group of America (NYSE:RGA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Wednesday.
According to Zacks, “Shares of Reinsurance Group have outperformed the industry in a year's time. Consistently benefits from a mix of organic and transactional opportunities. Its niche position....More>>>
As investors search for stocks that have great growth potential, the health care sector is definitely a very appealing place to start one’s search. In Canada, the health care sector is beginning to grow tremendously as the country enters into an era where a larger portion of their population is in the elder senior demographic. For investors, this means that the health....More>>>
Units of midstream industry bellwether Enterprise Products Partners LP (NYSE:EPD) rose 12.5% in January, according to data provided by S&P Global Market Intelligence. That’s a pretty big move for this conservatively run limited partnership. It was also a dramatic reversal of 2018, when the $60 billion giant saw its price fall around 7%, with a couple of long up and....More>>>
U.S. stock futures are trading lower this morning. The Dow Jones is headed for its fourth losing session in a row. Tensions on Wall Street have risen since the Labor Day weekend, with trade concerns front and center.
Specifically, the U.S. and Canada are set to resume contentious trade talks after failing to reach an agreement last week. President Donald Trump has said that the U.S. will....More>>>
In this segment from MarketFoolery, host Chris Hill is joined by Motley Fool One’s Jason Moser and Stock Advisor Canada’s Taylor Muckerman to talk about a buyout north of the border: Canadian Tire — a general retailer, despite the name — last week announced its deal for specialty apparel business Helly Hansen. The buyer paid something of a premium, but the Fools see some....More>>>
A major marijuana deal was inked on Monday as Aurora Cannabis Inc (OTCMKTS:ACBFF) has agreed to buy MedReleaf as part of a $2.5 billion deal.
The deal will see Aurora Cannabis pay C$3.2 billion, or $2.51 billion, to make the merger happen, according to statements from both companies on Monday. This is the biggest deal to bring together major Canadian....More>>>
CROWN CASTLE IN/SH SH (NYSE:CCI) will be releasing its earnings data after the market closes on Wednesday, April 17th. Analysts expect CROWN CASTLE IN/SH SH to post earnings of $1.37 per share for the quarter. CROWN CASTLE IN/SH SH has set its FY 2019 guidance at $5.79-5.89 EPS and its FY19 gu
The coffee market is back in the news, but the latest development may not have a big impact 0n Starbucks (NASDAQ:SBUX), stock. Burger King recently announced a $5 per month coffee subscription model, giving members one free cup of coffee per day.