09-24-2024, 04:25 PM
Oopn Why You Should Avoid Buying Utility Stocks Today
In this age of streaming and home entertainment systems, stanley cups many investors have argued that the movie theatre, and therefore Cineplex Inc. TSX:CGX , is dead. They say that movie-watchers don t need the theatre anymore. After all, we can access all the content from the comfort of our homes. But is this conventional wisdom actually accurate Or it is missing something really important Please read on as I review the reasons skeptics are wrong about the death of the movie theatre, and by extension, Cineplex stock.Cineplex stock gets whacked and remains DIRT cheapBefore the pandemic hit, Ci stanley cups neplex saw its stock price trading at almost $35. Then, news of the pandemic and lockdowns took it down to prices as low as $4.60. At that time, we were all questioning whether Cineplex could survive. But management went into crisis mode slashing costs, rallying support, and planning for post-lockdown life.Today, Cineplex stock is trading at over $13. It s still a far cry from its pre-pande stanley tumblers mic day Gnas 4 Things to Know About TD Stock in November 2022
Enbrid water bottle stanley ge Inc. TSX:ENB NYSE:ENB recently assumed the crown of North America s largest energy infrastructure company by closing its merger with Spectra Energy. Not only did that deal significantly expand the company s size, but it made the company more balanced between oil and gas.However, as important as that deal is to the c stanley mugs ompany s growth in the near term as well as in the long term, Enbridge is quietly working on an even larger long-term opportunity that investors don t want to miss: wind.Seeing growth offshoreWhile the $28 billion Spectra Energy deal is clearly a game changer for Enbridge, it wasn t the only transaction the company recently closed. Last month, Enbridge announced that it had acquired a 50% stake in the 500 MW Hohe See wind park, which is the largest offshore wind proje stanley water bottle ct in Europe. The company will spend $1.7 billion on the project, which should start generating revenue in 2019 and be strongly accretive in its first full year of operations.That project, however, i
In this age of streaming and home entertainment systems, stanley cups many investors have argued that the movie theatre, and therefore Cineplex Inc. TSX:CGX , is dead. They say that movie-watchers don t need the theatre anymore. After all, we can access all the content from the comfort of our homes. But is this conventional wisdom actually accurate Or it is missing something really important Please read on as I review the reasons skeptics are wrong about the death of the movie theatre, and by extension, Cineplex stock.Cineplex stock gets whacked and remains DIRT cheapBefore the pandemic hit, Ci stanley cups neplex saw its stock price trading at almost $35. Then, news of the pandemic and lockdowns took it down to prices as low as $4.60. At that time, we were all questioning whether Cineplex could survive. But management went into crisis mode slashing costs, rallying support, and planning for post-lockdown life.Today, Cineplex stock is trading at over $13. It s still a far cry from its pre-pande stanley tumblers mic day Gnas 4 Things to Know About TD Stock in November 2022
Enbrid water bottle stanley ge Inc. TSX:ENB NYSE:ENB recently assumed the crown of North America s largest energy infrastructure company by closing its merger with Spectra Energy. Not only did that deal significantly expand the company s size, but it made the company more balanced between oil and gas.However, as important as that deal is to the c stanley mugs ompany s growth in the near term as well as in the long term, Enbridge is quietly working on an even larger long-term opportunity that investors don t want to miss: wind.Seeing growth offshoreWhile the $28 billion Spectra Energy deal is clearly a game changer for Enbridge, it wasn t the only transaction the company recently closed. Last month, Enbridge announced that it had acquired a 50% stake in the 500 MW Hohe See wind park, which is the largest offshore wind proje stanley water bottle ct in Europe. The company will spend $1.7 billion on the project, which should start generating revenue in 2019 and be strongly accretive in its first full year of operations.That project, however, i
