nuiz Is Now the Right Time to Buy Lithium Stocks
Gpaj What Happens to Canadian Marijuana Stocks if Legalization Is Pushed to 2019Amid higher oil prices and better-than-expected fourth-quarter gross domestic product numbers, the SP/TSX Composite Index rose 1.8% last week. However, few Canadian stocks witnessed huge selloff. This article will look at the four such companies that corrected over 10% last week and examinestanley shop whether buying opportunities exist in any of these companies.FacedriveAmid the series of favourable announcements, Facedrive聽 TSXV:FDhad witnessed a massive rally this year, driving its valuations highe stanley cups r. However, as investorseuphoria waned out, the company s stock price corrected close to 40% last week. Despite the pullback, the company st stanley quencher ill trades 57.4% higher for this year. So, should you buy this stock right now Amid the rising demand, Facedrive expanded its food-delivery services to 19 Canadian cities and has plans for service extension and geographical expansion. Last month, it also launched Steer, an electric vehicle subscription service, in Canada. Its other business verticals, suc Igzk Top Picks Monday: 3 Canadian Energy Stocks to Buy As Oil Surges
Since its founding in 1957, Ritchie Bros. AuctioneersTSX:RBANYSE:RBAhas grown into the global leader in used equipment sales. Over the past 10 years alone, shares have risen 90% compared to a mere 6% return for the TSX overall. And there s reason to believe that the company s best days are ahead of it.Here s a rundown of Ritc stanley bottles hie Bros. biggest growth opportunities.Being the biggest isn t that bigAs mentioned, Ritchie Bros. is the global leader in used equipment sales. Still, the company only moved $4.2 billion in inventory last year, and this is compared to a market size of $360 billion. The U.S. market alone is worth $50 billion, seven times bigger than Canada s. Not only is there plenty of room left to grow, but Ritchie Bros. is best positioned to consolidate the fragmented market.The equipment auction business is simple to understand, yet provides massive econom stanley mug ies of scale for the biggest players. Most of Richie Bros. revenues come fr stanley becher om commissions taken by hel
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