Three Canadian Stocks Currently Overvalued
Gold mining and financial services stocks have been big winners over the past year. Riding the secular trend, Kinross Gold K, Agnico Eagle Mines AEM, and Fairfax Financial Holdings FFH stand out as the most expensive Canadian-listed stocks, according to Morningstar analysts. For this article, we screened Canadian-listed stocks under Morningstar’s coverage, ranked them based […]
Oil and Gas Initiatives Accelerated as Minnesota Power Announces Transition Away from Fossil Fuels
Oil and gas projects fast-tracked, while Minnesota Power plans to quit fossil fuels Catch the latest energy news from around the Great Lakes region. Check back for these biweekly Energy News Roundups. Hundreds of energy projects may have their permits fast-tracked by the Trump administration, including Enbridge’s tunnel for Line 5 in the Straits of Mackinac and […]
A High-Performing US Stock to Purchase Before It’s Too Late…
Hershey HSY shares are on a tear, up nearly 20% this month. Yet this wide-moat company still looks 15% undervalued to us. While we expect high cocoa costs to eat into gross margins in 2025, we like Hershey’s dominant position in its industry and think management’s smart brand investments and ability to extract costs bode […]
Bombardier: Stock Appears Undervalued Despite Potential…
New 25% tariffs on all US imports from Canada and Mexico began on March 4, nominally tied to measures by these two nations and China to prevent fentanyl importation and illegal immigration into the United States. Big picture: It is unclear whether the tariffs will last a few days, months, or the rest of President […]
Stock Market Declines This Week: How Much Did Your 401(k) Take a Hit from Trump’s Tariffs?
How much did your 401K lose this week? Trump tariffs bring stock declines Trump’s tariffs could impact 401 (k) Tariffs often cause bad side effects such as higher prices and inflation, making your money worth less. Another big risk — damage to Americans’ long-term retirement goals. OAKLAND, Calif. – President Donald Trump‘s long-threatened tariffs against […]
US Tariffs Could Prompt the Bank of Canada to Consider Major…
With US tariffs now in effect, analysts increasingly predict that the Bank of Canada may need to implement aggressive interest rate cuts to mitigate the economic fallout and stabilize the economy. Defying expectations of an extended reprieve, US President Donald Trump moved forward with heavy trade levies on Canada. Economists say this new economic reality […]
US-Canada Tariff Disputes Shaking Financial Markets
The S&P/TSX Composite Index losses in afternoon trading, recovering from a 2% decline in the morning of March 04 as sweeping new US tariffs on Canada took effect. The broad-based declines were driven by energy and tech stocks with the S&P/TSX Capped Energy Index and the S&P/TSX Capped Information Technology Index opening lower, extending their […]
VERSES® Announces Conversion of Strategic Investment by
VERSES AI Inc. announced the conversion of Convertible Debentures held by Group 42 Holding Ltd (G42) into units of the Company. G42 invested $10 million in June 2024 through a private placement, which included unsecured convertible debentures and detachable share purchase warrants. Each Conversion Unit comprises one Class A Subordinate Voting Share and half a […]
Electrovaya Receives Additional US$4.2 Million Battery Order for Existing Cold Storage Operator
Electrovaya Inc. has received a repeat purchase order valued at approximately US$4.2 million from a large cold storage logistics operator in the U.S., which already utilizes Electrovaya’s Infinity Battery Technology across six facilities. This company plans to expand its use of Electrovaya batteries for both existing operations and new construction. Dr. Jeremy Dang, Vice President […]
USD/CAD Targets Breakout Ahead of Tariff Deadline
USD/CAD Eyes Breakout as Tariff Deadline Approaches ● The US Dollar’s recovery on tariff talk is causing the USD/CAD pair to bounce.● The main events to watch out for this week are the US PCE data and Canadian GDP for Q4.● A close above 1.43100 on the daily candle chart would signal a structural shift […]