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Cssp Buy Alert: 1 Non-Bank Lender With a 117% Return
Investors want to find top TSX stocks that will deliver strong returns for their self-directed portfolios. The overall market appears expensive today after the massive rally over the past 12 months, but undervalued gems still exist.Why Ba stanley cup rrick Gold deserves to be a top TSX stock pick nowBarrick Gold TSX:ABX NYSE:GOLD traded near $40 per share last August. At the time of writing, investors can pick up the stock for $25.The steep drop is stanley quencher linked to the pullback in the price of gold, which went from a high of US$2,080 in early August to the current price near US$1,730. Gold is always volatile, but the upward trend that began in the summer of 2018 should continue over the next few years.Why There is a global race to devalue currencies in order to prop up domestic e stanley mug conomies. The U.S. dollar index, which measures the value of the greenback against a basket of key currencies, is down 9% over the past year. Some analysts think the dollar could drop as much as 20% by the end of 2021.Since gol Xgma Growth Investors: Shopify Is Still a Must-Have Stock in Your Portfolio
Canopy Growth Corp. TSX:CGC might be the most popular stock in Canada right now.Let s take a look at the cannabis producer to see if the company deserves its current valuation.Market positionCanopy is the market leader in the Canadian medical marijuana space and continues to cement its dominant position.The company has made several acquisitions in the past year in an effort to quickly consolidate the new market and add important production space and national brands. Canopy has also negotiated strategic partnerships and is expanding overseas.The purchase of Mettrum Health Corp., once finalized, will give Canopy control of nearly half the current Canadian medical marijuana market. Aside from the large customer base, Mettrum also comes with addi stanley quencher tional production facilities and two national marijuana brands.On the partnership front, Canopy has signed a deal with real estate developer the Goldman Group. Under the agreement, Goldman will stanley water bottle secure or build new si stanley canada tes and outfit the facilities |
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