09-24-2024, 07:54 PM
Lzfx TFSA Wealth: 3 Super Stocks to Hold This Decade
In the last tw stanley romania o years, electric vehicle EV stocks have gained massi stanley cup ve traction. Since the start of 2020, Tesla stock has returned over 1,100% to investors, and it also touched a market cap of US$1 trillion this year. Similarly, EV companies such as Lucid Group NASDAQ:LCID are yet to post any material revenue, but it already commands a market cap of US$72 billion at the time of writing. LCID stock has surged 338% in 2021 but is also down 24% from all-time highs.Why is Lucid stock a high-risk bet Lucid s Dream Edition line-up of EVs has a certified range of 520 miles on a single charge, which is the highest among any brand operating in this segment. The company is also part of a r stanley cup apidly expanding addressable market given the accelerated shift towards clean energy solutions at the global level.As of November 2021, Lucid had an order book of US$1.3 billion with 17,000 vehicle reservations. It forecasts sales to touch US$2 billion in 2022 and rise to US$10 billion in 2024. Tesla s trail Qgse Why There s Room for Optimism with Air Canada Stock Today
As we inch closer to October and impending legalization in Canada, many investors are staking t stanley thermos heir claims as to where they see the most growth likely to materialize from. For many of those investors, Canopy Growth Corp. TSX:WEED NYSE:CGC is one of the first, if not the only name on the list.The reasons for that are varied. Canopy has a first mover advantage, as it was the first to market in Canada, and this spring became the first Canadian cannabis stock to be listed in the U.S. That first to market advantage also gave the company a boost in investments, which allowed it to make a series of acquisitions over the past year, further strengthening its hold over the market.Just one month ago, Canopy traded at just over $32. At the time of writing, the stock is i stanley cup nching past $59, which gives the stock a whopping 77% return over the past month, and an over 40% return in the past week.Surely that level of growth is not sustainable, and we stanley water bottle ;re going to see some form of correction, righ
In the last tw stanley romania o years, electric vehicle EV stocks have gained massi stanley cup ve traction. Since the start of 2020, Tesla stock has returned over 1,100% to investors, and it also touched a market cap of US$1 trillion this year. Similarly, EV companies such as Lucid Group NASDAQ:LCID are yet to post any material revenue, but it already commands a market cap of US$72 billion at the time of writing. LCID stock has surged 338% in 2021 but is also down 24% from all-time highs.Why is Lucid stock a high-risk bet Lucid s Dream Edition line-up of EVs has a certified range of 520 miles on a single charge, which is the highest among any brand operating in this segment. The company is also part of a r stanley cup apidly expanding addressable market given the accelerated shift towards clean energy solutions at the global level.As of November 2021, Lucid had an order book of US$1.3 billion with 17,000 vehicle reservations. It forecasts sales to touch US$2 billion in 2022 and rise to US$10 billion in 2024. Tesla s trail Qgse Why There s Room for Optimism with Air Canada Stock Today
As we inch closer to October and impending legalization in Canada, many investors are staking t stanley thermos heir claims as to where they see the most growth likely to materialize from. For many of those investors, Canopy Growth Corp. TSX:WEED NYSE:CGC is one of the first, if not the only name on the list.The reasons for that are varied. Canopy has a first mover advantage, as it was the first to market in Canada, and this spring became the first Canadian cannabis stock to be listed in the U.S. That first to market advantage also gave the company a boost in investments, which allowed it to make a series of acquisitions over the past year, further strengthening its hold over the market.Just one month ago, Canopy traded at just over $32. At the time of writing, the stock is i stanley cup nching past $59, which gives the stock a whopping 77% return over the past month, and an over 40% return in the past week.Surely that level of growth is not sustainable, and we stanley water bottle ;re going to see some form of correction, righ
