Top Canadian Stocks To Invest In Right Now

Marijuana stocks have hit the ground running in 2019, and Canopy Growth (NYSE:CGC) has been one of the best performers so far this year in the cannabis industry. With a powerful combination of a high-growth business and the support of partner and major shareholder Constellation Brands (NYSE:STZ), Canopy is an early leader in the budding marijuana business.

Canopy Growth expects to release its fiscal third-quarter financial report on Thursday, Feb. 14, and investors are looking forward to getting their first reading on how the company has fared following the opening of the lucrative Canadian market to recreational cannabis sales. In particular, most expect Canopy’s revenue to soar — but the big question will be whether it can also make moves toward eventual consistent profitability as it grows.

Stats on Canopy Growth

Metric

Current Figure (Loss)

EPS estimate

(CA$0.06)

Last quarter’s EPS

Top Canadian Stocks To Invest In Right Now: Rhino Resource Partners LP(RNO)

Advisors’ Opinion:

  • [By Logan Wallace]

    JPMorgan Chase & Co. set a €74.00 ($86.05) target price on Renault (EPA:RNO) in a research report report published on Thursday morning. The firm currently has a neutral rating on the stock.

  • [By Ethan Ryder]

    JPMorgan Chase & Co. set a €98.00 ($113.95) price target on Renault (EPA:RNO) in a research note released on Monday. The firm currently has a neutral rating on the stock.

  • [By Logan Wallace]

    Credit Suisse Group set a €73.00 ($84.88) price objective on Renault (EPA:RNO) in a research report sent to investors on Tuesday morning. The brokerage currently has a neutral rating on the stock.

  • [By Ethan Ryder]

    Renold (LON:RNO) announced its earnings results on Tuesday. The company reported GBX 4.50 ($0.06) EPS for the quarter, meeting analysts’ consensus estimates of GBX 4.50 ($0.06), Bloomberg Earnings reports. Renold had a return on equity of 201.92% and a net margin of 4.30%.

  • [By Shane Hupp]

    Deutsche Bank set a €115.00 ($133.72) target price on Renault (EPA:RNO) in a report released on Friday morning. The firm currently has a buy rating on the stock.

Top Canadian Stocks To Invest In Right Now: Stantec Inc(STN)

Advisors’ Opinion:

  • [By Lisa Levin] Companies Reporting Before The Bell
    Nomad Foods Limited (NYSE: NOMD) is estimated to report quarterly earnings at $0.36 per share on revenue of $656.43 million.
    AMC Networks Inc. (NASDAQ: AMCX) is expected to report quarterly earnings at $2.2 per share on revenue of $720.14 million.
    Magna International Inc. (NYSE: MGA) is projected to report quarterly earnings at $1.7 per share on revenue of $10.11 billion.
    Univar Inc. (NYSE: UNVR) is estimated to report quarterly earnings at $0.36 per share on revenue of $2.12 billion.
    Duke Energy Corporation (NYSE: DUK) is expected to report quarterly earnings at $1.14 per share on revenue of $5.78 billion.
    Owens & Minor, Inc. (NYSE: OMI) is projected to report quarterly earnings at $0.47 per share on revenue of $2.40 billion.
    Prestige Brands Holdings, Inc. (NYSE: PBH) is expected to report quarterly earnings at $0.61 per share on revenue of $255.60 million.
    Tribune Media Company (NYSE: TRCO) is projected to report quarterly earnings at $0.06 per share on revenue of $457.67 million.
    ArcBest Corporation (NASDAQ: ARCB) is estimated to report quarterly loss at $0.07 per share on revenue of $691.18 million.
    Genesis Healthcare, Inc. (NYSE: GEN) is projected to report quarterly loss at $0.34 per share on revenue of $1.32 billion.
    Enbridge Inc. (NYSE: ENB) is expected to report quarterly earnings at $0.55 per share on revenue of $10.14 billion.
    Kelly Services, Inc. (NASDAQ: KELYA) is estimated to report quarterly earnings at $0.42 per share on revenue of $1.34 billion.
    NICE Ltd. (NASDAQ: NICE) is expected to report quarterly earnings at $1.01 per share on revenue of $332.93 million.
    World Acceptance Corporation (NASDAQ: WRLD) is estimated to report quarterly earnings at $3.94 per share on revenue of $147.32 million.
    MAXIMUS, Inc. (NYSE: MMS) is expected to report quarterly earnings at $0.84 per share on revenue of $616.04 million.
    Choice Hotels International, Inc. (NYSE: CH
  • [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 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

Top Canadian Stocks To Invest In Right Now: Canadian National Railway Company(CNI)

Advisors’ Opinion:

  • [By Neha Chamaria]

    Investing for really long periods of time, however, becomes easier if you bet on industry stalwarts that have consistently rewarded shareholders and possess strong growth catalysts to keep them going for years to come. I can think of four such “forever” stocks right now: Canadian National Railway (NYSE:CNI), Waste Management (NYSE:WM), Mastercard (NYSE:MA), and Visa (NYSE:V).

  • [By Shane Hupp]

    Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp cut its position in Canadian National Railway (NYSE:CNI) (TSE:CNR) by 21.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,956,400 shares of the transportation company’s stock after selling 522,300 shares during the period. Canadian National Railway accounts for about 1.7% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 7th biggest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp owned 0.27% of Canadian National Railway worth $184,215,000 at the end of the most recent reporting period.

  • [By Ethan Ryder]

    Canadian National Railway (NYSE:CNI) (TSE:CNR) – Equities research analysts at Desjardins boosted their Q3 2018 earnings per share estimates for shares of Canadian National Railway in a research note issued on Monday, October 8th. Desjardins analyst B. Poirier now anticipates that the transportation company will earn $1.09 per share for the quarter, up from their previous forecast of $1.09. Desjardins also issued estimates for Canadian National Railway’s FY2021 earnings at $5.66 EPS.

Top Canadian Stocks To Invest In Right Now: 3M Company(MMM)

Advisors’ Opinion:

  • [By Chris Neiger, Ashraf Eassa, and Reuben Gregg Brewer]

    If you’re in the market for some high-yield stocks that you can hold forever, then you may want to consider Procter & Gamble (NYSE:PG), Broadcom (NASDAQ:AVGO), and 3M (NYSE:MMM).  Read on to find out why three Motley Fool investors view these companies as fantastic dividend stocks to own over the long haul.

  • [By Lee Samaha]

    The 16% year-to-date dip in the stock price of 3M Company (NYSE:MMM) is naturally going to attract value investors toward the Dividend Aristocrat. After all, the company now sports a near 2.7% dividend yield, and more than 60 years of dividend increases attest to its history of delivering for investors. However, I think the stock is still worth avoiding. Incoming CEO Mike Roman’s presentation at the recent Electrical Products Group (EPG) conference did little to dispel fears concerning the company’s pricing power — a key part of its business model. Let’s take a look at why, as well as what was discussed at the event.

  • [By Neha Chamaria]

    After a double-digit run-up in 2017, any bit of negative news was enough for the market to pull the trigger on 3M Company (NYSE:MMM) shares. The month of April proved a perfect hunting ground for 3M bears, with the industrials stock shedding 11.4% in value during the month, according to data provided by S&P Global Market Intelligence.

  • [By Paul Ausick]

    The second-worst Dow stock so far this year is 3M Co. (NYSE: MMM), which is down 10.5%. That is followed by DowDuPont Inc. (NYSE: DWDP), down 9.7%, then Procter & Gamble Co. (NYSE: PG), down 9.41%, and Walmart Inc. (NYSE: WMT), down 4.9%. Eleven of the 30 Dow stocks have traded lower for 2018.

  • [By ]

    The Caterpillar news was followed by 3M (MMM) , which lowered full-year guidance, sending its shares down 6.8%. Lockheed Martin (LMT) then delivered blowout earnings, but mentioned that its cash flow might be challenged. Shares fell 6.1%.

  • [By Paul Ausick]

    3M Company (NYSE: MMM) traded down 0.64% at $216.35. The stock’s 52-week range is $192.36 to $259.77. Volume was about half the daily average of around 2.7 million shares. The company reports quarterly results before the opening bell Tuesdary.

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