|
Vsdy The Top 5 Yields in the TSX 60
Despite an uncertain and volatile macro environment, tech stanley cups stocks have surged significant stanley cup ly higher in 2023. The rally in tech stocks has increased the valuation of several companies, making them expensive at current multiples. Here are two such TSX tech stocks that may experience a significant pullback if market sentiment turns bearish.Kinaxis stockOne of the fastest-growing companies in Canada, Kinaxis TSX:KXS is valued at $4.1 billion by market cap. Kinaxis went public in June 2014 and has since returned a whopping 1,000% to shareholders. Despite its outsized gains, the TSX tech stock traded roughly 40% below all-time highs.Kinaxis provides cloud-based subscription software for supply chain operations to enterprise-facing clients globally. Its cloud-based platform offers solutions such as sale stanley romania s and operations planning, inventory management, advanced planning, sales and operations planning, and control centre services.It serves clients across sectors such as aerospace and defence, au Jict Will Bombardier Trick or Treat Investors
Bitcoin just had an stanley thermoskannen other big rally, with the cryptocurrency exploding past the US$11,000 mark this week, as specul stanley cup ators pile in for a chance at making a quick buck. Will the sudden surge in momentum last for Bitcoin If you ;re an investor and not a speculator, the answer ought to be, Who cares As Foolish long-term investors, we ;re all about investing to build one wealth at an above-average rate over time. We do our due diligence to tilt the risk/reward trade-off in our favour and try to scoop up shares of businesses that trade at discounts to our gauge of their intrinsic value or relative value . What we ;re not about is paying any price for dangerously volatile, unbacked ass water bottle stanley ets that are only worth what the next person willing to pay.Bitcoin versus ShopifyBitcoin is booming again, and it ;ll likely go bust again, likely when you least expect it. So, do yourself a favour and consider shares of Shopify TSX:SHOP NYSE:SHOP instead. Li |
|