The reality however, is that chasing yield is a fools game and can lead to significant losses. This is not to say that all high-yield stocks are risky. On the contrary, there are plenty of companies who boast a high yield and whose dividend is well covered. How can you determine if the dividend is well covered?
Aritzia has proven to be a powerful force in the retail sector and continues to showcase its ability to expand and grow sales. A look at the company’s first quarter of fiscal 2020 shows its commitment to that trend.
If you are invested in the cannabis sector, then you have surely heard of the bombshell dropped by CannTrust (TSX:TRST) earlier this week. If not, let me summarize. CannTrust was found to have been engaged in illegal growing activities. The company produced thousands of kilograms of marijuana in rooms that had yet to be licensed. […]
The TSX oil and gas sector has suffered hefty losses in recent times. Economical uncertainty has driven oil and gas stock prices to significant lows and recovery doesn’t seem likely in the distant future. However, there are some hidden gems in the industry that may provide outsized returns.
Product Grown in Rooms Not Yet Licensed Well known Canadian pot producer CannTrust saw a sharp decline in their share price following news that some of their product grown in unlicensed rooms had been shipped out of their Niagara facility. Health inspectors showed up unannounced at the Niagara facility in June and have requested a […]
Daniel Kent is long SHOP.TO and GOOS.TO Canadian tech giant Shopify (SHOP.TO) has been taking the TSX by storm lately. Up over 125% in 2019, the company may be able to ride its current momentum to a $500 price point. However, are investors making a huge mistake by purchasing the stock at these levels? What […]
I’m sure somewhere along the lines you’ve heard the phrase “Be fearful when others are greedy and greedy when others are fearful.” A famous quote by Warren Buffett, it is a single sentence summation of how to make money in the stock market. Typically where beginning investors go wrong is they tend to focus on […]
Dividend investing is the heart and soul of most investment portfolios. Not only do we want a steady stream of dividends bolstering our account balance, but we want to see dividend growth. In my opinion, a stagnant dividend is a poor dividend. When I invest in an income company I want to see increasing numbers, year […]