09-24-2024, 03:38 PM
Doby Why Did Moody s Cut Encana Corporation and Cenovus Energy Inc. to Junk Status
Consumers are in a tight spot, squeezed between higher interest rates, lower wages, and rampant inflation. That s pushed several consumer discretionary stocks lower. These stocks also have a stanley canada potential recession looming over them.č½However, some companies in this sect stanley cup or could be poised to rebound sharply. Here are the top three consumer discretionary stocks that should be on your watch list for 2023.ShopifyOnline shopping is the ultimate discretionary spending. This was clearly evident in the pandemic era when Shopify TSX:SHOP was booming and hit an all-time high. The stock was trading at a price-to-sales ratio of 60! Now, it s down to 13, which is much more reasonable for a software firm.Shopify has made some strategic decisions in recent months that could help it regain its stride. Recently, the company laid off some workers to cut down on expenses. It also divested its logistics business, which was likely to be a major dra stanley cupe in on cash flow. Now that the company is focused on high-marg Qwcj Loblaw Companies Limited: A Big Retailer Is Becoming Bigger
When Rachel Notley was elected premier of Alberta back in early May, investors were not optimistic about the prospects of TransAlta Corporation TSX:TA NYSE:TAC . Their main concern was that Ms. Notley s environmental policies would hurt TransAlta s coal-fired electricity operations.Now we have a clearer idea of what Ms. Notley s plans are. On Sunday she revealed her new strategy to curb Alberta s greenhouse gas emissions. The plan calls for a carbon tax of $20/tonne in 2017 and $30/tonne thereafter. It imposes an emissions limit of 100 megatonnes per year on the oil sands. And it mandates t stanley bottles he phase-out of coal-fired electricity by 2030.The plan has won praise from Prime Minister Trudeau, environmental activists, and even oil sands companies. But the plan has received sharp criticism fro stanley en mexico m the opposing Wildrose Party, which claims that the measures will hit the pocketbooks of ordinary Albertans.So what exactly does this mean for TransAlta More speci stanley thermos fically, is the dividend once again
Consumers are in a tight spot, squeezed between higher interest rates, lower wages, and rampant inflation. That s pushed several consumer discretionary stocks lower. These stocks also have a stanley canada potential recession looming over them.č½However, some companies in this sect stanley cup or could be poised to rebound sharply. Here are the top three consumer discretionary stocks that should be on your watch list for 2023.ShopifyOnline shopping is the ultimate discretionary spending. This was clearly evident in the pandemic era when Shopify TSX:SHOP was booming and hit an all-time high. The stock was trading at a price-to-sales ratio of 60! Now, it s down to 13, which is much more reasonable for a software firm.Shopify has made some strategic decisions in recent months that could help it regain its stride. Recently, the company laid off some workers to cut down on expenses. It also divested its logistics business, which was likely to be a major dra stanley cupe in on cash flow. Now that the company is focused on high-marg Qwcj Loblaw Companies Limited: A Big Retailer Is Becoming Bigger
When Rachel Notley was elected premier of Alberta back in early May, investors were not optimistic about the prospects of TransAlta Corporation TSX:TA NYSE:TAC . Their main concern was that Ms. Notley s environmental policies would hurt TransAlta s coal-fired electricity operations.Now we have a clearer idea of what Ms. Notley s plans are. On Sunday she revealed her new strategy to curb Alberta s greenhouse gas emissions. The plan calls for a carbon tax of $20/tonne in 2017 and $30/tonne thereafter. It imposes an emissions limit of 100 megatonnes per year on the oil sands. And it mandates t stanley bottles he phase-out of coal-fired electricity by 2030.The plan has won praise from Prime Minister Trudeau, environmental activists, and even oil sands companies. But the plan has received sharp criticism fro stanley en mexico m the opposing Wildrose Party, which claims that the measures will hit the pocketbooks of ordinary Albertans.So what exactly does this mean for TransAlta More speci stanley thermos fically, is the dividend once again
