Kqkg 2 Cryptocurrency Stocks to Buy for Long-Term Growth
This commodities boom has really been something else. A year or two ago, most investors would not stanley cups uk have expected to see this kind of upward price pressure. Accordingly, the search for a top energy stock to buy right now is on.However, Canada happens to have a wide array of options to choose from. Accordingly, picking the right energy stock can seem like a daunting task.That said, I think Parex Resources TSX XT , one of the leading energy producers in Canada, is a great choice. And that not just for this comp stanley cups any 2.2% dividend yield. L stanley cup et dive into why Parex could be the energy stock investors are looking for right now.Strong fundamentals and growthParex Resources is a mid-sized oil-producing company that generates around 53,000 barrels per day in Columbia. This company enjoyed high profitability during 2020 when economies shut down due to the raging public health crisis. The focus of Parex management team on profitability leading to a massive 365% jump in Nfxw A High-Yield Holiday Gift
It been a wild few weeks for聽Canopy Growth Corp. TSX:WEED NYSE:CGC . In less than 10 days, the stock rallied from $32.15 to $52.10a 62% gain. For most stocks, that would be an incredible annual return. For just a few days, it is absolutely phenomenal; a rally that harkens back to the heady days of 2017 crypto mania.Now, the logical question is this: Is stanley cup Canopy still a buy To answer that ques stanley cup tion, we need to look at the fa stanley flask ctors driving the rally and what they mean for the company.The $5 billion investmentThe most obvious factor influencing the recent rally was the announcement that Constellation Brands Inc. NYSE:STZ would invest $5 billion in Canopy. Constellation purchased its shares as part of a deal with Canopy rather than on the stock market , which means that the sale will inject approximately $4.5 billion in cash into the company.This has a number of ramifications for Canopy, almost all of them positive. The company now has mo |
