Tag Archives: PMT

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.

Source: Yarygin / Shutterstock.com

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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Top 10 Canadian Stocks To Buy For 2023

Imperial Oil Limited (IMO Quick QuoteIMO ) recently announced that it is on track to build an international-level renewable diesel facility at its Strathcona refinery close to Edmonton, Alberta.

From locally-produced and cultivated feedstocks, this new complex is set to produce more than 1 billion litres of renewable diesel fuel, annually. The project is intended to reduce emissions in the Canadian transportation industry by around 3 million tons a year, which is equivalent to removing almost 650,000 passenger vehicles from the road for a year.

Blue hydrogen (hydrogen produced....More>>>

Top Canadian Stocks To Buy Right Now

What happened

Marijuana stocks slipped in Wednesday afternoon trading. Shares of Sundial Growers (NASDAQ:SNDL) are trading down 2.8% as of 2:35 p.m. EDT, followed by Aurora Cannabis (NASDAQ:ACB) with a 3.2% loss, Hexo (NASDAQ:HEXO) down 3.8%, and Canopy Growth (NASDAQ:CGC) bringing up the rear with a 4.1% decline.

I blame CNN.

Image source: Getty Images.

So what

Citing a report from the Canadian Medical Association Journal Tuesday, CNN warned that “whether you smoke it, vape it, or eat it as an edible, cannabis may be significantly increasing your risk....More>>>

Top 10 Financial Stocks To Invest In 2023

Zoom Video’s (NASDAQ:ZM) second-quarter revenue topped $1 billion for the first time, but shares fell more than 15% as growth slowed. Shares of Yandex (NASDAQ:YNDX) rise, as the Russian tech company buys out Uber’s (NYSE:UBER) interest in several joint ventures. In this episode of MarketFoolery, Motley Fool analyst Maria Gallagher analyzes those stories and shares why Designer Brands’ (NYSE:DBI) amazing second-quarter report glosses over genuine challenges for the business.

To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get....More>>>

Top 10 Financial Stocks To Watch Right Now

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

This week we posed the following question to Benzinga visitors: By the end of the year, will Dogecoin reach $1? 

For the uninitiated, Dogecoin (CRYPTO: DOGE) was introduced as a joke in 2013 to help raise public awareness of the capabilities of blockchain technology. 

Though Dogecoin was originally intended as a joke, it’s gaining momentum in 2021 thanks to its passionate online....More>>>