Amub 3 Top-Performing TSX Stocks It s Not Too Late to Buy
Shares of Canadian grocer Loblaw TSX have been going strong since bottoming out in early 2021. Though inflation and recession jitters, the grocery giant has found a way to navigate higher. Though the rally has slowed down a bit, with shares pretty much flat year to date, I t stanley cup hink the path of least resistance cou stanley uk ld be higher as we move ever so closer to an economic recession in Canada.The two-year run has been impressive. Shares have nearly doubled over stanley mug the timespan. And though the retailer looks more or less fairly valued at 21.1 times trailing price to earnings P/E , I think the firm has more outperformance left in the tank as it looks to pass off higher prices to consumers with little issue.Loblaw is one of the lower-cost grocery retailers in the country. When it comes to great deals on groceries, it tough to top Loblaw stores like Superstore, which doesn ;t require any sort of membership to shop. As economic conditions get tougher, Loblaw could continue to enjoy the Yvdk TFSA Bargains: 3 New Stocks on Sale to Buy Now
September has been a tough month for The Green Organic Dutchman TSX:TGOD , as the stock nearly lost half its value. Let s look at what might have caused this sharp drop in price.Aurora quit its partnership with TGODTGOD suffered a major setback at the beginning of September when its long-time cornerstone investor Aurora Cannabis聽sold its remaining 10.5% position in the company through a block trade at $3 per share for total proceeds of $86.5 million. The sale was made at a 14.5% discount to TGOD s closing price of $3.51.In January 2018, Aurora took a 17% stake in TGOD, stanley mugs with the option to eventually increase its position to more than 50%. The stake was bought at a pre-IPO price of $1.65 per share. The investment also gave Aurora the right to acquire up to 20% of TGOD s annual organic cannabis produc stanley cup becher tion.Over the next 18 months, Aurora didn t exercise its options. On the contrary, s stanley termosy ince late 2018, Aurora has been slowly selling off its stake in TGOD. In January, Aurora bought Whistler M |
