2 Cheap Stocks That Could Rise 100% This Summer

The coronavirus crash created a ton of buying opportunities. While the rebound erased many of those options, there are still dirt-cheap stocks worth buying that could rise more than 100% over the next few months. Of course, massive upside comes with some added risk. But the two picks below look outrageously priced given the potential upside in the second half…

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2 TFSA Stocks to Buy Right Now

It’s always a good idea to avoid investment taxes. Tax-Free Savings Accounts (TFSAs) make that easy, shielding your capital from both capital gains and dividend taxes. But not every investment makes a good TFSA stock. You’ll want to choose carefully. For example, let’s say you chose to invest in Enbridge Inc due to its 7.8% dividend. With a TFSA, that…

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Cannabis Investors: A Boom Is Coming

It’s official. The cannabis bubble has definitely burst. Across the board even the biggest cannabis stocks have come crashing down. Even before the pandemic, these stocks were in trouble. Now that COVID-19 is still sweeping the world, these cannabis stocks have an incredibly long road ahead. However, there are a few signs of life out there that investors should look…

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Canopy Growth (TSX:WEED) Stock: Is the End Near?

If there’s one industry that has been incredibly frustrating for investors of late, it’s the cannabis industry. Canopy Growth (TSX:WEED)(NYSE:CGC) in particular used to be the darling of the industry, but that has all changed. WEED stock plummeted from all-time highs back in October 2018 after legalization. Since then, WEED stock has struggled to get anywhere near those highs again. Then, the…

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Top TSX Stocks to Buy After the Market Crash

The market crash has been difficult, but it’s unearthed some incredible bargains. You need a bit of courage, and a lot of patience, but this looks like your best chance to buy high-upside stocks in nearly a decade. While many stocks will rebound once markets normalize, the biggest opportunities lie with companies targeting multi-decade opportunities. Whether its artificial intelligence, legal…

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Investing for the First Time? Buy Stocks Like This

While bear markets can be scary, they’re also ideal if you’re investing for the first time. If you’re willing to buy-and-hold for the long term, it’s almost always a good time to jump in when markets dip. Just look at previous downturns. Markets rarely retest their former lows. But buying stocks during a bear market isn’t a recipe for success.…

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Aphria (TSX:APHA): 4 Takeaways From Latest Q3 2020 Earnings

Marijuana firm Aphria’s (TSX:APHA)(NYSE:APHA) stock price surged in early trading on Wednesday. The cause was the release of its latest earnings results for its fiscal third-quarter 2020, which ended in February. Aphria was one of the most closely watched cannabis stocks in April for its potential to deliver strong financial results, and it did just that. Quarterly revenue at $144.4…

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Why Did HEXO’s Stock Price Fall 26% on Wednesday?

Canadian marijuana producer HEXO‘s (TSX:HEXO)(NYSE:HEXO) stock price fell more than 26% on Wednesday as investors reacted to a news release the company issued that morning. What happened? HEXO announced a $40 million underwritten public offering of its common stock early on Wednesday. The latest offering was priced at $0.77 per share. This is a 20% discount to the previous day’s closing…

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Safe Investments: 2 Classic Food Retail Stocks to Buy Right Now

Relief measures saw the TSX bounce 7% Tuesday. However, safe investments are still the order of the day. The country’s biggest stock exchange is still down by 5% on average for the past five days of trading. Value opportunities will be abundant in the coming weeks, so get out those watch lists. Investors could consider adding shares in stages, owning…

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Coronavirus Meltdown: Sell These Stocks Now

Coronavirus fears are rattling the market. While some are predicting a quick rebound, as time goes on, those hopes are being dashed. International experts now worry that social distancing measures may persist through the end of 2020, which could lead to massive layoffs and the shuttering of thousands of small businesses. Larger companies won’t be spared. Some were hoping to…

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