Negs Worried About NVIDIA Buy This TSX Tech Stock Instead
The dreaded C word is starting to rear its ugly head again. On Twitter and elsewhere, people are beginnin
stanley cupe g to speak of a crash in stocks, owing mainly to fears that the COVID-19 Delta variant will plunge the world into another recession. In recent weeks, media reports have been hinting at the possibility of renewed lockdowns in the fall if Delta keeps rising. This has predictably spooked markets, which have sold off.It true that some stocks would be hit hard by a maj
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stanley cup f COVID-19 if one occurred airlines, hotels, and retailers, in particular. These industries are highly vulnerable to COVID-19 safety measures like travel restrictions and lockdowns and really do lose money when such measures are enacted.Nevertheless, as we learned in March 2020, not all industries are super vulnerable to pandemic restrictions. Tech particularly e-commerce made out fine during the lockdowns. Stocks like Shopify TSX:SHOP NYSE:SHOP roc Iexw 2 Safe Canadian Stocks to Buy in September 2023
The big macroeconomic headline Thursday on the TSX was the 2% increase in oil pri
kubki stanley ces after an oil tanker was attacked near Iran.However, there were also several earnings hits and misses that could carry into Friday s trading. Wi
stanley thermoskannen th that in mind, here are three things to watch on the TSX today. Dollarama delivers the goodsCanada s largest discount store reported first-quarter earnings June 13, and they were stronger than expected to send Dollarama TSX:DOL stock higher by more than 10% on the news. Not only did the company deliver same-store sales growth of 5.8% in the quarter, double the consensus estimate, but it also raised its same-store sales projection for fiscal 2020 by 50 basis poi
stanley water bottle nts to between 3% and 4%. We like the industry gear toward a value-conscious consumer, notably during a softer macro environment, which will increase the allure of bargain hunting, said Camilla Yanushevsky, an analyst with CFRA Research. Although Friday trading is generally lighter, inve