Top 10 Canadian Stocks To Watch For 2018

Michael A. Robinson

Even after stacking up a bunch of double-, triple-, and even quadruple-digit gains over the last year and a quarter, many of my Roadmap to Marijuana Millions pot stocks still have plenty of gas left.

In fact, a few of my Canadian legal marijuana plays in particular have been on fire for months now – and especially since Nov. 10.

That’s the day Canada’s Department of Finance presented its cannabis tax plan. The Canadian government plans to add a $1-per-gram excise tax on cannabis products, or 10% of the sale price, whichever is higher. Plus, the tax plan reiterated Canada’s commitment to legalize marijuana by July 2018.

No wonder my readers’ “fast fortune” Canadian pot stocks jumped higher.

One of those stocks rose 15% the day that news broke… another soared 10% that day… another jumped 6.8%… and another picked up 13%.

Top 10 Canadian Stocks To Watch For 2018: Valeant Pharmaceuticals International Inc(VRX)

Advisors’ Opinion:

  • [By Casey Wilson]

    As disgraceful as Mylan’s pricing strategy may be, this next pharmaceutical firm is hated even more – and makes our list for the second year in a row…

    Most-Hated Companies 2016 No. 1: Valeant Pharmaceuticals International Inc. (NYSE: VRX)

    The troubled pharmaceutical company is deeply loathed by both consumers and investors alike.

  • [By Chris Lange]

    Valeant Pharmaceuticals International, Inc. (NYSE: VRX) has been in the spotlight for a couple years and is now fighting to stay alive. The company initially brought in new executives and tried new initiatives to turn around the company but shares still have dropped. In its most recent attempt, Valeant announced that it intends to refinance some of its debt. One key analyst thinks that this might be a sign to abandon ship.

  • [By Kumar Abhishek]

    Source:Micron Technology Inc Technical Charts by amigobulls.com

    Valeant Pharmaceuticals Intl Inc (NASDAQ:VRX) stock facing resistance.

    Shares of specialty pharma company Valeant Pharmaceuticals Intl Inc (NYSE:VRX)are in a downtrend for more than two months now. Valeant Pharmaceuticals Intl Inc stock was down by almost 50% since its Q1 2017 earnings at the end of February. The stock had made a new 52-week low at $8.36 a week back. Since then the stock has been able to make a marginal recovery, gaining more than 10% this week. However, the stock is now facing resistance from its 20-day moving average. Valeant stock had been unable to break out above the resistance line in the past and had continued to slide downwards. The stock is again likely to face strong resistance from the 20-day moving average. The declining volumes over the week indicate that the stock will find it tough to make a bullish crossover, over the 20-day moving average.

  • [By WWW.THESTREET.COM]

    The conference continues on Tuesday with presentations from Bristol-Myers Squibb (BMY) , Pfizer (PFE) , Alkermes (ALKS) and Valeant Pharmaceuticals (VRX) . Cramer said he’ll be watching for news from all four companies.

Top 10 Canadian Stocks To Watch For 2018: Wells Fargo & Company(WFC)

Advisors’ Opinion:

  • [By WWW.KIPLINGER.COM]

    OK, Wells Fargo & Co. (WFC) might not be the most popular name after its jaw-dropping accounts scandal, but so what? Its still a quality business with a quality stock.

  • [By Diane Alter]

    Stocks across the board were up following Mnuchin’s appointment and his ambitious pledges. Bank stocks did particularly well. While Goldman Sachs stock was up more than 3% this morning, JPMorgan Chase & Co. (NYSE: JPM) was up 1.2%, and Wells Fargo & Co. (NYSE: WFC) gained 1.1%.

  • [By Laurie Kulikowski]

    We rate WELLS FARGO & CO as a Buy with a ratings score of A-. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company’s strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in stock price during the past year, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. 

  • [By Chris Dier-Scalise]

    Among the brands being sold were Alcoa Corporation (NYSE: AA) and Ford Motor Company(NYSE: F), which both paid out dividends in December. The financial and oil sectors also experienced a sell-off to finish 2016. Wells Fargo & Co (NYSE: WFC) and Citigroup Inc (NYSE: C) were net sold as each reached new year-to-date highs and investors unloaded ConocoPhillips (NYSE: COP) and Chevron Corporation (NYSE: CVX) as their prices normalized with the rise in the price of oil.

  • [By John Maxfield]

    What’s the deal? The answer is that not all of the bank stocks selected by Warren Buffett for Berkshire Hathaway’s portfolio performed equally well this year. One in particular dragged down its returns: Wells Fargo (NYSE:WFC).

  • [By WWW.THESTREET.COM]

    Cramer’s game plan for next week’s trading starts on Monday, when Warren Buffett is scheduled to be on CNBC. Cramer said he wants to hear Buffett’s thoughts on his portfolio’s biggest under-performers, like American Express (AXP) , Coca-Cola (KO) and Wells Fargo (WFC) .

Top 10 Canadian Stocks To Watch For 2018: Canadian National Railway Company(CNI)

Advisors’ Opinion:

  • [By Monica Gerson]

    Canadian National Railway (USA) (NYSE: CNI) is estimated to post its quarterly earnings at $0.92 per share on revenue of $3.08 billion.

    Container Store Group Inc (NYSE: TCS) is expected to post its quarterly earnings at $0.21 per share on revenue of $230.53 million.

  • [By Brett Hershman]

    The Swiss bank said it was raising first-quarter estimates on four of the six rails it covers, with updated estimates above consensus on Canadian National Railway (USA) (NYSE: CNI), CSX Corporation (NASDAQ: CSX) and Kansas City Southern (NYSE: KSU), which is seen to show upside against low expectations.

Top 10 Canadian Stocks To Watch For 2018: Silver Wheaton Corp(SLW)

Advisors’ Opinion:

  • [By Rich Duprey]

    Silver Wheaton (NYSE:SLW), of course, is a streamer like Sandstorm and Franco, but it is the largest in the precious-metals industry, and arguably the best-known, because its business model came to define what streaming is. Although it is known primarily for its silver contracts, Silver Wheaton also has sizable gold production that makes it worth your attention.

Top 10 Canadian Stocks To Watch For 2018: NRG Energy Inc.(NRG)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was NRG Energy, Inc. (NYSE: NRG) which rose over 5% to $22.20. The stocks 52-week range is $9.84 to $23.36. Volume was over 35 million compared to its average volume of 5.8 million.

  • [By Craig Jones]

    Pete Najarian said that there was a big options activity in NRG Energy Inc (NYSE: NRG). Traders were aggressively buying the October 26 calls. Around 6,000 contracts were traded in the first half of the session and they were paying 65 cents for them. The trade breaks even at $26.65 or more than 11 percent above the current market price.

  • [By Ben Levisohn]

    NRG Energy (NRG) soared to the top of the S&P 500 today.

    Getty Images

    NRG Energygained 4.5% to $12.85 today, while the S&P 500 advanced 0.2% to 2,262.53.

    In a note released on Dec. 15, Morgan Stanley’sStephen Byrd and team summarized the reasoning behind their overweight rating on NRG:

    NRG Energy (NRG, Overweight, $21 PT) FCF/Equity yield of ~35% and balanced upside from diversified market exposure, higher PJM capacity prices, fleet optimization, and debt reduction. NRG’s generation plus retail matching strategy is an underappreciated source of value, and provides stable cash flow despite current depressed power prices in Texas.

    NRG Energy’s market capitalization rose to $4.1 billion today from $3.8 billion yesterday. It reported a net loss of $6.4 billion on sales of $15 billion in 2015.

    NRG Energy was the Biggest Loser on Nov. 10, and the Hot Stock on Nov. 4.

  • [By Lisa Levin]

    Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Thursday’s regular session.

  • [By Rich Duprey]

    I ran a screen to identify the best-performing stocks from the S&P 500 in January. The top three performers during the month were Alcoa (NYSE:AA), CSX (NASDAQ:CSX), and NRG Energy (NYSE:NRG). Let’s see why they were the big standouts and whether they can keep it going.

Top 10 Canadian Stocks To Watch For 2018: Safeway Inc.(SWY)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart shows shares of SUPERVALU underperforming the underperformance ofmid caps Whole Foods Market, Inc (NASDAQ: WFM) and Safeway Inc (NYSE: SWY). while large capKroger Co (NYSE: KR)had outperformed up until the last two years when performance has been more mixed:

  • [By Peter Graham]

    A long term performance chart shows shares of small cap SUPERVALU now underperforming large cap Kroger Co (NYSE: KR) while shares of large cap Whole Foods Market, Inc (NASDAQ: WFM) and mid cap Safeway Inc (NYSE: SWY) appear to be back to where they started at:

Top 10 Canadian Stocks To Watch For 2018: Prestige Brand Holdings Inc.(PBH)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Castor believes the cash has disappeared into working capital, which has grown from 23% to more than 50% since 2008. Comparable company PrestigeBrand (PBH) uses 11%; Unilever(UL) and Colgate-Palmolive(CL) far less.

Top 10 Canadian Stocks To Watch For 2018: Plains All American Pipeline L.P.(PAA)

Advisors’ Opinion:

  • [By Dustin Parrett]

    Plains All American Pipeline (NYSE: PAA) controls 4 million barrels of crude oil and natural gas a day.

    And with higher oil prices and fewer restrictions leading to more drilling, PAA’s pipelines will be in demand in 2017.

  • [By Matthew DiLallo]

    One of the largest projects is the Saddlehorn Pipeline, which Magellan is building with Plains All American Pipeline (NYSE:PAA) and Anadarko Petroleum (NYSE:APC). Both Plains All American Pipeline and Magellan own 40% of the project, which puts their total investment at $230 million apiece. They expect the project to be fully operational early next year, which is noteworthy given its robust first-year economics. Magellan estimates that it will earn eight times EBITDA on the capital deployed, or roughly $28.8 million in annual EBITDA apiece for Magellan and Plains All American Pipeline on their investment.

  • [By Dustin Parrett]

    We think Plains All American Pipeline L.P. (NYSE: PAA) is one of the best oil stocks to buy this year. In fact, we see a scenario where PAA stock could jump 20% in 2017.

Top 10 Canadian Stocks To Watch For 2018: NEW GOLD INC.(NGD)

Advisors’ Opinion:

  • [By Dan Caplinger]

    The stock market lost ground on Monday, sending major market benchmarks lower by more than half a percentage point. The Dow lost its grip on the 20,000 mark in the wake of concerns about economic growth and new U.S. immigration policy, and some believe that the broader geopolitical climate could have a negative impact on global commerce that in turn could start affecting multinational corporations’ business prospects. In addition, bad news from some individual companies weighed on the markets, and Transocean (NYSE:RIG), Rite Aid (NYSE:RAD), and New Gold (NYSEMKT:NGD) were among the worst performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so poorly.

Top 10 Canadian Stocks To Watch For 2018: Thor Industries Inc.(THO)

Advisors’ Opinion:

  • [By Dan Caplinger]

    Recreational vehicles have hit a stretch of popularity that the industry hasn’t seen since the 1970s, and Thor Industries (NYSE:THO) has found itself in the right place at the right time. The RV specialist has made every effort it can to boost its growth to take advantage of favorable conditions, both by ramping up its existing internal operations and by looking for strategic combinations like its recent acquisition of industry peer Jayco. Coming into Monday’s fiscal second-quarter financial report, Thor investors were looking for very strong growth, and even though the company largely delivered on that front, some concerns about the pace of further gains throughout the rest of the fiscal year weighed on Thor stock after the report.

  • [By WWW.MONEYSHOW.COM]

    Thor Industries (THO) expects 2017 to be one of the strongest years for the RV industry since the 1970s.

    The prospect of higher gasoline prices seems unlikely to derail the RV rebound, given that growth is being driven by smaller and more fuel-efficient motorized RVs and towable trailers.

  • [By Elizabeth Balboa]

    Supply could come from any number of industry players, including Winnebago Industries, Inc. (NYSE: WGO), Thor Industries, Inc. (NYSE: THO), Polaris Industries Inc. (NYSE: PII) and Camping World Holdings Inc (NYSE: CWH). However, whether it comes from existing inventory and whether suppliers can meet the demand are yet to be seen.

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