09-27-2024, 04:28 AM
Wozf Contrarian Investors: Should You Own Cameco Corp. or TransAlta Corporation
It s been a rough couple of months for growth investors. High-priced growth stocks had a record-setting performance in 2020 but it s been a different story this year.聽Year to date, the broader market has more than doubled the returns of the tech-heavy Nasdaq Composite Index. High-growth tech stocks have had strong short-lived runs this year, but the recent sell-off in the tech sector has created panic in an e stanley cup xpensive market.聽Fundamentally, there are not a lot of reasons to doubt the long-term business potential in many of the country s top tech companies. That being said, at some point, the valuations stanley cup were going to catch up to these growth stocks.聽You can t ignore valuation altogether, but if the price has dropped more than 30% and the business has not changed, you ve got my attention.聽Here are three top Canadian growth stocks that are trading at opp stanley cup ortunistic discounts right now. All three have market-beating track records that I don t see ending any time soon.Lightspeed POSLightspeed Lshq Millennials: 2 Warren Buffett Dividend Stocks Yielding Up to 4%
Fellow Fool Robert Baillieul recent article, What Best of Breed in the Oil Patch raised some interesting questions about how to value oil companies stanley thermoskannen . Robert conclusion was that the best valuation measure is return stanley cup on capital employed ROCE a metric he favours over the standard measures in an investor tool kit such as the price-to-earnings or price-to-book-value ratios.Notwithstanding that this is a useful measure of value, I believe investors must also look at a range of ot stanley quencher her industry-specific ratios particularly those that measure an oil company value in comparison to its oil production, profitability, and oil reserves.The simplest of these ratios, which allows for an apples-to-apples comparison, is the enterprise value-to-EBITDA ratio. It takes into account a company assets and debt i.e., enterprise value and then divides it by its earnings before interest, tax, depreciation, and amortization.This ratio
It s been a rough couple of months for growth investors. High-priced growth stocks had a record-setting performance in 2020 but it s been a different story this year.聽Year to date, the broader market has more than doubled the returns of the tech-heavy Nasdaq Composite Index. High-growth tech stocks have had strong short-lived runs this year, but the recent sell-off in the tech sector has created panic in an e stanley cup xpensive market.聽Fundamentally, there are not a lot of reasons to doubt the long-term business potential in many of the country s top tech companies. That being said, at some point, the valuations stanley cup were going to catch up to these growth stocks.聽You can t ignore valuation altogether, but if the price has dropped more than 30% and the business has not changed, you ve got my attention.聽Here are three top Canadian growth stocks that are trading at opp stanley cup ortunistic discounts right now. All three have market-beating track records that I don t see ending any time soon.Lightspeed POSLightspeed Lshq Millennials: 2 Warren Buffett Dividend Stocks Yielding Up to 4%
Fellow Fool Robert Baillieul recent article, What Best of Breed in the Oil Patch raised some interesting questions about how to value oil companies stanley thermoskannen . Robert conclusion was that the best valuation measure is return stanley cup on capital employed ROCE a metric he favours over the standard measures in an investor tool kit such as the price-to-earnings or price-to-book-value ratios.Notwithstanding that this is a useful measure of value, I believe investors must also look at a range of ot stanley quencher her industry-specific ratios particularly those that measure an oil company value in comparison to its oil production, profitability, and oil reserves.The simplest of these ratios, which allows for an apples-to-apples comparison, is the enterprise value-to-EBITDA ratio. It takes into account a company assets and debt i.e., enterprise value and then divides it by its earnings before interest, tax, depreciation, and amortization.This ratio
