|
Pamw Forget Meme Stocks: Buy This Top TSX Retail Stock Instead
The stock market has been doing well despite the tight market environment. Three stocks jumped significantly in the last two months, and it is time to book profits. While these stocks are good investments, their inflated stock pr stanley flask ices could fall as their聽fundamentals聽don t support this price in a high-interest enviro stanley website nment.聽Three stocks to sell and take your profitsYou don t have to wait for the stock to peak to book profits. Instead of being greedy, sell these seasonal stocks before they fall.Air CanadaAirline stocks have been trading high as passenger traffic increases.聽Air Canada聽 TSX:AC stock surged a whopping 38% between May and July due to seasonal demand and hopes of returning to profits. At $24, it is a good price point to exit because even if the airline returns to profit, its $6.5 billion聽net stanley cups debt聽in a high interest rate environment will maintain pressure on its margins.聽The airlines third-quarter earnings on August 11 could push the stock to $26, but this is an expectation. Aabf Beginner Investors: 3 Easy Ways to Invest in the Canadian Stock Market Using Index ETFs
Husky Energy Inc. TSX: HSE recent stanley cup ly reported third-quarter results. The results were, of course, impacted by the dip in oil prices as earnings missed expectations. That being said, cash flow fell less than 1% over last year s third quarter so the quarter wasn t a complete wash. To help investors better understand third-quarter results, here are three key quotes from management s conference call discussing the quarter.Stability through any storm During the third quarter our industry saw significant downward pressure on both WTI and Brent prices鈥?In such volatile environment, we聽are focusing on what we are able to control and that s operational performa stanley sverige nce鈥?Ultimately, prices will go up and down. Within all areas of our business, we are carefully staging our activities to provide the dependable cash flow and returns while continuing to fund the prudent balance of near, mid and long-term projects. 鈥?CEO Asim Gho stanley mugs shIn leading off his prepared remarks, Ghosh wanted investors to know that |
|