Top 10 Canadian Stocks To Own Right Now

Canada may be locked in a trade fight with the U.S., but the country’s exporters aren’t slowing down.

According to Markit’s survey of Canadian manufacturers, the index for new export orders hit 55.9 in May, the highest since 2011 and compared with a five-year average of just 51.4. The gauge has risen sharply since the start of the year, suggesting demand for Canadian goods is strengthening.

It’s a timely development, since another report Thursday showed the country’s typically staunch consumers are showing signs of fatigue. Exports may be the just the driver the economy needs to move forward.

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But Friday’s data also adds to evidence Canada’s export manufacturers are reaching their limit. Unless the sector builds more capacity, it’s difficult to imagine how exports — which make up about a third of gross domestic product — can lead growth. In the manufacturing industry, capacity utilization rates, which show how close firms are to maximum output, are currently the highest since 2000.

Top 10 Canadian Stocks To Own Right Now: Valeant Pharmaceuticals International Inc(VRX)

Advisors’ Opinion:

  • [By Cory Renauer]

    Progenics’ first drug, Relistor for opioid-induced constipation, hasn’t been a big seller, but Valeant Pharmaceuticals (NYSE:VRX) has taken over marketing of the drug in return for a reliable royalty stream. This will allow Progenics to focus on Azedra’s potential launch and a prostate cancer imaging agent in late-stage development.

  • [By Keith Speights]

    Valeant Pharmaceuticals (NYSE:VRX) CEO Joe Papa has said for a while that the company is a great turnaround opportunity. But when the drugmaker reported its 2017 fourth-quarter results in February, it was clear that any turnaround wouldn’t happen quickly.

  • [By Lisa Levin] Gainers
    Integrated Media Technology Limited (NASDAQ: IMTE) rose 30.8 percent to $22.00 in pre-market trading after declining 18.63 percent on Monday.
    Nevsun Resources Ltd. (NYSE: NSU) rose 14.5 percent to $3.40 in pre-market trading after Lundin Mining Corporation and Euro Sun Mining Inc. proposed to acquire Nevsun Resources for around C$1.5 billion.
    Sharing Economy International Inc. (NASDAQ: SEII) rose 15.2 percent to $4.25 in pre-market trading after the company disclosed that it entered into a license agreement with Ecrent Capital Holdings Limited.
    Veeco Instruments Inc. (NASDAQ: VECO) shares rose 14.1 percent to $19.50 in pre-market trading after reporting stronger-than-expected earnings for its first quarter.
    Impinj, Inc. (NASDAQ: PI) rose 13.4 percent to $15.40 in pre-market trading after reporting Q1 results.
    SandRidge Energy, Inc. (NYSE: SD) shares rose 13.2 percent to $16.45 in pre-market trading following Q1 results.
    Blink Charging Co. (NASDAQ: BLNK) rose 12.6 percent to $4.55 in pre-market trading after jumping 171.14 percent on Monday.
    Crocs, Inc. (NASDAQ: CROX) shares rose 10 percent to $16.66 in pre-market trading after the company reported better-than-expected earnings for its first quarter and issued strong sales forecast for the second quarter.
    Pareteum Corporation (NASDAQ: TEUM) rose 9.7 percent to $3.05 in pre-market trading after announcing Q1 results.
    Dean Foods Company (NYSE: DF) rose 8 percent to $9.00 in pre-market trading after reporting upbeat Q1 earnings.
    Fiesta Restaurant Group, Inc. (NASDAQ: FRGI) rose 7.3 percent to $23.45 in pre-market trading following Q1 results.
    IAMGOLD Corporation (NYSE: IAG) rose 7.1 percent to $6.09 in pre-market trading after reporting upbeat Q1 earnings.
    TC PipeLines, LP (NYSE: TCP) rose 6.4 percent to $27 in pre-market trading after gaining 2.08 percent on Monday.
    Carrols Restaurant Group, Inc. (NASDAQ: TAST) rose 6.3 percent to $11.75 in pre-market trading fol

Top 10 Canadian Stocks To Own Right Now: 3M Company(MMM)

Advisors’ Opinion:

  • [By Leo Sun]

    Corning’s recent acquisition of 3M’s (NYSE: MMM) optical unit, which is expected to add $200 million to its full-year sales, also boosted the unit’s growth. Corning hiked its full-year sales guidance for the Optical unit from 10% growth to the high teens. Management also reiterated the segment’s long-term goal of generating $5 billion in optical sales by 2020.

  • [By Reuben Gregg Brewer, Chris Neiger, and Travis Hoium]

    Investors today seem to think “long-term” means a quarter or, maybe, a year. But real long-term investors think decades into the future. If that sounds like you, then you want to own safe stocks that you can hold until 2030 — or longer. Three stocks that we think fit the bill today are 3M Company (NYSE:MMM), Apple Inc. (NASDAQ:AAPL), and The Procter & Gamble Company (NYSE:PG). Here’s a quick rundown on why our contributors picked these stocks. 

  • [By Reuben Gregg Brewer]

    The Procter & Gamble Company (NYSE:PG), Hormel Foods Corporation (NYSE:HRL), The Coca-Cola Company (NYSE:KO), Stanley Black & Decker, Inc. (NYSE:SWK), and 3M Company (NYSE:MMM) have all rewarded investors with half a century (or more) worth of consecutive dividend hikes. Here’s why they should be on your buy list, or wish list, today.

  • [By ]

    It’d be one thing if GE were cheap, but on many metrics, it’s not. Many investors at this point would rather pay for United Technologies Corporation (UTX)  , Honeywell International Inc. (HON)  or 3M Co (MMM)  — the last two of which are holdings in Jim Cramer’s Action Alerts PLUS Charitable Trust Portfolio.

  • [By Logan Wallace]

    Sawgrass Asset Management LLC decreased its position in shares of 3M Co (NYSE:MMM) by 29.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,974 shares of the conglomerate’s stock after selling 36,053 shares during the quarter. Sawgrass Asset Management LLC’s holdings in 3M were worth $17,306,000 as of its most recent SEC filing.

  • [By Lee Samaha]

    3M Company’s (NYSE:MMM) rich valuation meant that any kind of growth mishap in 2018 was going to hurt the stock, and that’s just what happened after the company’s recent first-quarter earnings report. That said, after Boeing, 3M Company is the largest industrial company by market cap, and it’s often a good idea to buy into a great company after it stumbles momentarily. So is it now time to buy into the Dividend Aristocrat? Here are four reasons to avoid the stock and two reasons to buy it.

Top 10 Canadian Stocks To Own Right Now: Thor Industries Inc.(THO)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Montag A & Associates Inc. acquired a new stake in shares of Thor Industries, Inc. (NYSE:THO) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 9,875 shares of the construction company’s stock, valued at approximately $962,000.

  • [By Logan Wallace]

    Tahoe Resources (TSE:THO) (NASDAQ:TAHO) – Equities research analysts at National Bank Financial reduced their FY2018 earnings estimates for shares of Tahoe Resources in a research report issued on Monday, April 9th. National Bank Financial analyst M. Parkin now forecasts that the company will earn $0.29 per share for the year, down from their prior forecast of $0.35. National Bank Financial currently has a “Sector Perform” rating and a $8.00 price objective on the stock.

  • [By Logan Wallace]

    Northcoast Research reaffirmed their buy rating on shares of Thor Industries (NYSE:THO) in a research note published on Friday morning.

    Other research analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Thor Industries from a sell rating to a hold rating in a report on Friday. ValuEngine downgraded shares of Thor Industries from a hold rating to a sell rating in a report on Saturday, May 12th. BMO Capital Markets upgraded shares of Thor Industries from a market perform rating to an outperform rating and set a $102.00 price objective on the stock in a report on Tuesday, May 1st. Sidoti dropped their price objective on shares of Thor Industries from $148.00 to $144.00 and set a buy rating on the stock in a report on Friday, August 10th. Finally, Citigroup dropped their price objective on shares of Thor Industries from $150.00 to $130.00 and set a buy rating on the stock in a report on Thursday, June 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. Thor Industries currently has a consensus rating of Buy and a consensus target price of $128.50.

  • [By Garrett Baldwin]

    The system that could make you $104,000 richer in the next 12 months…

    Darden Restaurants Inc. (NYSE: DRI) leads a fairly busy day of earnings reports. The restaurant management giant easily topped Wall Street profit numbers by reporting earnings per share of $1.34. The average Wall Street estimate was $1.23. The firm also easily topped revenue expectations. DRI shares were up 4.5% this morning. The problems continue to mount for General Electric Co. (NYSE: GE). This morning, JPMorgan Securities slashed its price target for the U.S. conglomerate from $11 to $10 per share. The investment firm cited ongoing challenges to the company’s turbine business. General Electric has been under pressure since the financial crisis, and it was the worst performing stock on the Dow in 2017 before it was ultimately replaced on the index. Shares of Under Armour Inc. (NYSE: UAA) added 3.4% this morning, but the driver wasn’t necessarily positive for the global apparel giant. According to reports, the Baltimore-based sports apparel giant is cutting 3% of its international workforce. That equates to roughly 400 jobs. The company did raise its fiscal 2018 earnings forecast, and issued a revised update of severance costs. Look for earnings reports from Micron Technology Inc. (NASDAQ: MU), Thor Industries Inc. (NYSE: THO), United Natural Foods Inc. (NASDAQ: UNFI), Steelcase Inc. (NYSE: SCS), Scholastic Corp. (NASDAQ: SCHL), and Xcerra Corp. (NASDAQ: XCRA).

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  • [By Steve Symington]

    Shares of Thor Industries Inc. (NYSE:THO) were down 12.8% as of 3:15 p.m. EDT Thursday after the recreational-vehicle specialist announced weaker-than-expected fiscal fourth-quarter 2018 earnings.

Top 10 Canadian Stocks To Own Right Now: Canadian Imperial Bank of Commerce(CM)

Advisors’ Opinion:

  • [By Motley Fool Staff]

    Canadian Imperial Bank of Commerce (NYSE:CM)Q2 2018 Earnings Conference CallMay 23, 2018, 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Ethan Ryder]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) saw unusually large options trading activity on Monday. Traders acquired 2,517 call options on the stock. This is an increase of approximately 3,772% compared to the typical volume of 65 call options.

  • [By Joseph Griffin]

    Canadian Imperial Bank of Commerce (NYSE: CM) and Foreign Trade Bank of Latin America (NYSE:BLX) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation.

Top 10 Canadian Stocks To Own Right Now: Airgas Inc.(ARG)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Argentum (CURRENCY:ARG) traded 3.6% lower against the US dollar during the one day period ending at 19:00 PM ET on May 27th. In the last week, Argentum has traded 2.8% lower against the US dollar. Argentum has a total market capitalization of $1.66 million and approximately $610.00 worth of Argentum was traded on exchanges in the last day. One Argentum coin can currently be purchased for about $0.17 or 0.00002374 BTC on popular cryptocurrency exchanges including Cryptopia and CoinExchange.

Top 10 Canadian Stocks To Own Right Now: Prestige Brand Holdings Inc.(PBH)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Prestige Brands Holdings, Inc. (NYSE:PBH) – Equities researchers at DA Davidson cut their Q2 2019 earnings estimates for shares of Prestige Brands in a research note issued to investors on Tuesday, July 3rd. DA Davidson analyst L. Weiser now anticipates that the company will post earnings per share of $0.60 for the quarter, down from their prior estimate of $0.64. DA Davidson currently has a “Neutral” rating and a $33.00 target price on the stock. DA Davidson also issued estimates for Prestige Brands’ FY2019 earnings at $2.83 EPS and FY2020 earnings at $2.97 EPS.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Prestige Consumer Healthcare (PBH)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Shares of Prestige Brands Holdings, Inc. (NYSE:PBH) have been assigned a consensus recommendation of “Hold” from the nine research firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $71.40.

  • [By Lisa Levin] Gainers
    Amedica Corporation (NASDAQ: AMDA) rose 31.3 percent to $4.11 in pre-market trading after climbing 181.98 percent on Tuesday.
    ZAGG Inc (NASDAQ: ZAGG) rose 18.7 percent to $13.65 in pre-market trading after the company posted better-than-expected Q1 earnings.
    TripAdvisor, Inc. (NASDAQ: TRIP) rose 18.6 percent to $46.00 in pre-market trading after the company reported stronger-than-expected results for its first quarter on Tuesday.
    TransEnterix, Inc. (NYSE: TRXC) shares rose 15 percent to $2.08 in pre-market trading after reporting Q4 results.
    Axon Enterprise, Inc. (NASDAQ: AAXN) rose 9.8 percent to $49.00 in pre-market trading following a big Q1 beat. The company raised its fiscal 2018 sales growth guidance from 16-18 percent to 18-20 percent.
    Centennial Resource Development, Inc. (NASDAQ: CDEV) shares rose 8.1 percent to $21.06 in pre-market trading following Q1 results.
    OPKO Health, Inc. (NASDAQ: OPK) shares rose 6.8 percent to $3.44 in pre-market trading following Q1 beat.
    Tel-Instrument Electronics Corp. (NYSE: TIK) rose 6.7 percent to $3.20 in pre-market trading after surging 25.37 percent on Tuesday.
    KBS Fashion Group Limited (NASDAQ: KBSF) rose 6.4 percent to $5.84 in pre-market trading after jumping 9.36 percent on Tuesday.
    Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) rose 6.6 percent to $8.26 in pre-market trading after reporting Q2 earnings.
    New Relic, Inc. (NYSE: NEWR) rose 6.3 percent to $82.00 in pre-market trading following Q4 results.
    Match Group, Inc. (NASDAQ: MTCH) rose 5.8 percent to $38.43 in pre-market trading after reporting upbeat Q1 earnings.
    Prestige Brands Holdings, Inc. (NYSE: PBH) rose 5.2 percent to $30.62 in pre-market trading.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Stephan Byrd]

    Shares of Prestige Brands Holdings, Inc. (NYSE:PBH) have been assigned a consensus recommendation of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $73.80.

Top 10 Canadian Stocks To Own Right Now: Apollo Gold Corporation(BRD)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Bread (CURRENCY:BRD) traded 10.1% lower against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on May 6th. Bread has a market cap of $73.13 million and approximately $1.09 million worth of Bread was traded on exchanges in the last 24 hours. One Bread token can currently be purchased for about $0.82 or 0.00008683 BTC on popular exchanges including OKEx, Binance and Cobinhood. In the last seven days, Bread has traded 3.3% higher against the U.S. dollar.

  • [By Max Byerly]

    Bread (CURRENCY:BRD) traded up 0.8% against the US dollar during the twenty-four hour period ending at 22:00 PM Eastern on September 1st. Over the last week, Bread has traded 3.1% higher against the US dollar. Bread has a market cap of $32.33 million and $367,357.00 worth of Bread was traded on exchanges in the last day. One Bread token can currently be purchased for about $0.36 or 0.00005097 BTC on major cryptocurrency exchanges including Kucoin, Cobinhood, Binance and OKEx.

  • [By Max Byerly]

    Bread (CURRENCY:BRD) traded 0% higher against the US dollar during the 24 hour period ending at 0:00 AM E.T. on February 12th. Bread has a market capitalization of $17.44 million and $74,926.00 worth of Bread was traded on exchanges in the last day. In the last week, Bread has traded 6.8% higher against the US dollar. One Bread token can currently be purchased for $0.20 or 0.00005397 BTC on major cryptocurrency exchanges including Cobinhood, OKEx, Tokenomy and Kucoin.

Top 10 Canadian Stocks To Own Right Now: Stantec Inc(STN)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Stantec (STN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    Stantec (NYSE: STN) and VSE (NASDAQ:VSEC) are both business services companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, profitability, earnings, risk, institutional ownership and analyst recommendations.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Stantec (STN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Canadian Stocks To Own Right Now: Sensata Technologies Holding N.V.(ST)

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Sensata Technologies (ST)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Stephan Byrd]

    Canaccord Genuity assumed coverage on shares of Sensata Technologies (NYSE:ST) in a note issued to investors on Friday, The Fly reports. The firm set a “buy” rating on the scientific and technical instruments company’s stock.

  • [By Max Byerly]

    Sensata Technologies (NYSE:ST) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.94-4.10 for the period, compared to the Thomson Reuters consensus estimate of $4.05. The company issued revenue guidance of $3.58-3.68 billion, compared to the consensus revenue estimate of $3.63 billion.Sensata Technologies also updated its FY 2019 guidance to $3.94-4.10 EPS.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Sensata Technologies (ST)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Canadian Stocks To Own Right Now: PPL Corporation(PPL)

Advisors’ Opinion:

  • [By Joseph Griffin]

    TRADEMARK VIOLATION WARNING: “PPL (PPL) Issues FY 2021 Earnings Guidance” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at www.tickerreport.com/banking-finance/4152309/ppl-ppl-issues-fy-2021-earnings-guidance.html.

  • [By Paul Ausick]

    PPL Corp. (NYSE: PPL) posted a 52-week low of $30.81 after closing Friday at $31.13. The 52-week high is $40.20. Volume was about 3.5 million, about 25% below the daily average of around 4.5 million shares. The electric utility company had no specific news.

  • [By ]

    2) Review your goals. Are you retired and managing your portfolio for income and realize you’re loaded up with low- to no-yield growth stocks? It’s time to make some adjustments. As the second half of the year encounters choppier waters, many equity strategists have recommended reducing risk by pivoting toward more defensive stocks in sectors such as pharmaceuticals, utilities, and consumer staples. Some great names that are currently trading at attractive levels include health care giant Johnson & Johnson (NYSE: JNJ), power producer PPL Corp (NYSE: PPL) and food giant General Mills (NYSE: GIS). Weighted equally, all three yield an average of 4.3% and trade with a forward PE of just 14.17.

  • [By Ethan Ryder]

    Pembina Pipeline Corp (TSE:PPL) (NYSE:PBA) insider Cameron Goldade sold 2,000 shares of the business’s stock in a transaction dated Thursday, September 20th. The shares were sold at an average price of C$25.96, for a total value of C$51,920.00.

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