Tag Archives: III

Top 10 Canadian Stocks To Buy Right Now

Based on 2.06 billion shares outstanding as of Aug. 9 and a SNDL stock price of about 75 cents as of the Sept. 7 close, Sundial Growers (NASDAQ:SNDL) has a market capitalization of $1.54 billion.

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That’s right — $1.54 billion with a “B.”    

Right off the top of my head, I can think of two excellent investments this company has made over the past year. However, despite these moves, I don’t think Sundial Growers is worth anywhere near that lofty valuation.

Here’s why.

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Best Canadian Stocks To Watch Right Now

Cathie Wood-led firm Ark Investment Management has revised the prospectus for its ARK Next Generation Internet ETF (ARKW) to open the possibility of investing in crypto exchange-traded funds (ETFs) in Canada. 

What Happened: According to the filling with the U.S. Securities and Exchange Commission (SEC), the fund may invest in the Grayscale Bitcoin Trust (GBTC) or “other pooled investment vehicles that invest in bitcoin (CRYPTO: BTC), such as exchange-traded funds that are domiciled and listed for trading in Canada (Canadian....More>>>

Best Penny Stocks To Invest In 2023

Even though some penny stocks have multi-bagger potential, they’re incredibly risky. The companies behind them typically haven’t had much experience in the marketplace. However, well-known companies may also fall under this category if their shares have plummeted. With proper due diligence and diversification, penny stocks could add a lot of value to your portfolios.

Penny stocks are typically those shares which are trading below the $5 mark. They tend to be inherently riskier than large-cap companies. However, if picked wisely, they have the potential to provide big gains.

August....More>>>

Top 10 Canadian Stocks To Watch For 2023

In a widely expected move, Kansas City Southern (KSU Quick QuoteKSU ) pushed back the special meeting of its shareholders by a fortnight. It was originally scheduled for Aug 19 and will now be held on Sep 3, 2021. At the meeting, shareholders of Kansas City Southern are scheduled to vote in favor or against Canadian National Railway’s (CNI Quick QuoteCNI ) $33.6-billion offer.

Kansas City Southern’s decision to postpone the meeting is the latest in the slew of updates pertaining to its takeover.

Let’s recap the series of interesting events leading to....More>>>

Top 5 Penny Stocks To Watch Right Now

After touching all-time highs of $64,800, Bitcoin (CCC:BTC-USD) witnessed a sharp correction. It briefly traded below $30,000 before making a gradual recovery. However, the positive momentum seems to be gaining traction. Bitcoin is now trading near $50,000 levels. As this price rises, investors may see multi-fold returns in crypto-related Reddit penny stocks.

In the last rally for Bitcoin, Marathon Digital (NASDAQ:MARA) skyrocketed from lows of $1.48 to a high of $57.75. Similarly, Riot Blockchain (NASDAQ:RIOT) had a 52-week range of $2.35 and $79.50. I will not be surprised if more....More>>>