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Ylwn TFSA Investors: 4 Top TSX Stocks to Buy Right Now
Motley Fool Canada is full of the best Canadian stocks to buy, but sometimes there can be a lack of knowledge about what to avoid. And honestly, both are equally important. So today I ;m going to look at two stocks I would consider digging into this week, but also two I would consider avoiding for now.Avoid Absolute SoftwareAbsolute Software聽 TSX:ABT NASDAQ:ABST dropped by 20% after reporting poor earnings this week. This caused analysts to drop their targets overnight. The company had positive news like listing stanley tumblers on the NASDAQ and making strategic acquisitions. However stanley cup , the numbers weren ;t there.In particular, the company full-year 2022 adjusted EBITDA didn ;t look great, with margins expected to shrink in the next year at least. Not many believe that there will be a resurgence of growth in the near term, e stanley cup ven beyond 2023. The company continues to lose money as peers continue to climb, making Absolute a stock to avoid if you ;re looking for Canadian stocks Nbws Canadian Investors: Buy the World s Top Infrastructure Company
Crescent Point Energy Corp. TSX:CPG NYSE:CPG has surged 75% in a little more than three months, and investors are wondering if more upside is on the way.Let s take a look at the current situation to see if this stock deserves to be in your portfolio.A fallen starCrescent Point used to be the dividend darling of the Canadian oil patch, and some pundits are still shocked the famous payout had to be cut.What happened Crescent Point paid a juicy monthly dividend of $0.23 per share before the oil rout really picked up steam. As oil prices fell through the end of 2014, the stock plummeted, sending the yield on the distribution to nosebleed heights.Fans of the stock debated whether or not the company would maintain the payout, as it d stanley water bottle id during the financial crisis.To its credit, Crescent Point held out longer than most of its peers, but the second shoe dropped in the oil market last summer, and that stanley mugs was too much for stanley becher the balance sheet to handle. Management wisely slashed the monthly distrib |
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