It’s time to snap up shares of Affirm Holdings and Block but investors should stay on the sidelines with PayPal Goldman Sachs argued on Monday. Analysts led by Will Nance took over coverage of the payment-stock trio from Michael Ng. Nance’s team rated Affirm and Block at Buy with price targets of $42 and $80, respectively, and PayPal at Neutral with a target of $69, down from $76.
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Take a ride on the frugal freeway.
The energy sector outperformed the market. However, within the sector, there is a stock to buy and a stock to avoid. The post 1 Energy Stock to Buy Hand Over Fist and 1 to Avoid appeared first on The Motley Fool Canada.
These three Canadians stocks have been huge winners already in 2024, but still have room to double again in the rest of this year. The post 3 Canadian Stocks That Could Still Double in 2024 appeared first on The Motley Fool Canada.
Are you ready to make some money in 2024? Then this cash-gushing dividend stock is certainly where I would start, with more improvements to come. The post Beat the TSX With This Cash-Gushing Dividend Stock appeared first on The Motley Fool Canada.
Social Security isn't enough.
Here's why Algonquin Power & Utilities is a TSX dividend stock that remains a high-risk investment in June 2024. The post A Dividend Giant I’d Buy Over Algonquin Power & Utilities Stock Right Now appeared first on The Motley Fool Canada.
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GameStop shares snapped out of a recent funk on Thursday with momentum carrying into Friday as the most high-profile proponent of the stock returned to social media for the first time in more than a week. The influence of Keith Gill, known as Roaring Kitty on social media, is not to be underestimated. GameStop stock advanced 3.7% on Thursday after starting in the red, with the shares up 0.6% on Friday.
The Canadian market has shown robust performance, with a gain of 1.1% recently and an impressive 9.9% increase over the past year, alongside expectations of earnings growing by 15% annually. In this promising environment, dividend stocks that offer consistent payouts and potential for capital appreciation can be particularly appealing to investors looking for both stability and growth.
Investing in quality growth stocks such as Payfare and Propel Holdings should help you beat the TSX index going forward. The post Growth Spurt: 2 TSX Stocks Set to Skyrocket appeared first on The Motley Fool Canada.
The stock has grown nearly 950% in the past decade.
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Ackman is launching a new investment portfolio that will be available to anyone who can invest in the United States, including retail investors. Potential investors need to purchase at least 100 common shares of Pershing Square USA in order to participate in the offering. Ackman's new fund will mimic his existing Europe-listed hedge fund Pershing Square Holdings, but offer lower fees and quicker access to capital.
The meme stock fever that catapulted GameStop up the charts and back into the spotlight last month has somewhat faded, with the shares languishing in recent days amid signs of waning interest from investors. Shares in GameStop slipped 2.9% on Wednesday to close at $24.20, though prices were more buoyant Thursday, with the shares advancing 6.6%. Wednesday saw the lowest trading volume in GameStop since before last month’s rollercoaster, with 17.43 million shares traded on June 26 being the lowest since May 2 and below the 65-day average of 47.57 million, according to Dow Jones Market Data.
This impressive TSX stock is defensive, has significant growth potential and trades cheaply, making it one of the best stocks to buy today. The post Which TSX Stock Is Best to Buy Today? appeared first on The Motley Fool Canada.
Chewy stock soared after a cryptic tweet from a popular meme stock investor on Thursday.
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Top TSX dividend stocks are on sale. The post Retirees: 2 Cheap Canadian Stocks With 7% Yields for Passive Income appeared first on The Motley Fool Canada.
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