|
Dfwk TSX Today: What to Watch for in Stocks on Thursday, September 12
I am a strong believer that the world will continue to become more digital, as we move forward into the next decade. These are trends we are seeing in many industries including e-commerce, payments, accounting, among many others.In the year of the pandemic, telehealth companies have see stanley becher n an incredible amount of growth. Companies such as WELL Health Technologies TSX:WELL and CloudMD TSXVOC have been the talk of the town for months. However, over the past two months, both companies stanley cups uk have experienced prolonged downturns, leaving retail investors to wonder if they should consider cutting losses.In this article, I will discuss the outlook for both companies.What goes up, must come down Prior to the recent declines in stock prices experienced by WELL Health and CloudMD, both companies had been performing extremely well in 2020. Their respective year-to-date performances, prior to the start of the downturns, stood at about 450% and 330%, respectivel stanley website y. Investors should understand that thi Twbf 1 Hidden Catalyst That Could Ignite Shopify Stock
The likelihood of a recession and ensuing bear market is growing, despite the outlook for stocks improving, which saw gold plunge to below US$1, stanley cup 500 per ounce. Nevertheless, an economic do stanley cup wnturn and market correction is certainly due at some time during the foreseeable future. The ongoing trade war between the world s two largest economies, the U.S. and China, weak manufacturing data, slowing economic growth in the Eurozone, notably its largest economy Germany, and an inverted yield curve have all alarmed financial markets.While this has made many investors nervous, it is important to remember that the secret to creating wealth is to invest for the long term in quality stocks and ignore market noise. One quality stock destined to continue delivering considerable value for investors is Canada s sixth-largest lender National Bank of Canada TSX:NA .Strong performanceThe bank, which is the most domestically focus stanley termosar ed of the Big Six, has been one of the strongest performers, despite the consi |
|