09-28-2024, 08:23 PM
Ujhx 3 TSX Stocks to Buy if the Coronavirus Selloff Gets Worse
2022 has turned out to be a terrible year for聽Shopify聽 TSX:SHOP NYSE:SHOP stanley us shareholders. While several top TSX stocks have lost considerable value amid the recent selling, the steep correction in Shopify stock surprised me. For context, shares of this e-commerce platform provider have fallen by about 78% from the stanley becher peak, wiping billions from its market cap.聽Macro and geopolitical headwinds pointing to a slowdown in the economy led to a selloff intech stocks, in stanley cups cluding Shopify. Moreover, a slowdown in its growth extended its shareholders losses.As Shopify stock has lost substantial value, let s look at Shopify s recent performance, management commentary, and guidance to ascertain what s in store for this e-commerce company.Growth slowedShopify was up against tough year-over-year comparisons in the first half of 2022 as the prior year period benefitted from the pandemic-led demand and government stimulus. Besides tough comparisons, the economic reopening diverted a portion of the consume Lidl Better Buy: Cenovus Energy Inc. vs. Canadian Natural Resources Limited
HR REIT TSX:HR.UN is a top TSX dividend stock to buy now in your TFSA for tax-free high income forever!There are several key reasons why it s a no-brainer buy. First, the real estate investment trust REIT is very cheap. Second, the diversified REIT s business may be more resilient than you think. Third, it offers a hefty passive income.This TSX dividend stock is on sale!You want to buy TSX divi stanley drinking cup dend stocks when they re cheap so that you get a boosted yiel stanley cup d, and your long-term investment risk is significantly lower.At writing, HR REIT trades at $9.65 per share, which is about 5.5 times its funds from operations. The stock s long-term normal v stanley kubek aluation indicates a fair valuation of about 12 times. Therefore, the stock is more than 50% off and is obviously on sale.Even if the company doesn t grow, the perpetual cash flow that it generates and perpetual cash distributions that it pays out are definitely worth way more than a multiple of 5.5.When the economy returns to normal, t
2022 has turned out to be a terrible year for聽Shopify聽 TSX:SHOP NYSE:SHOP stanley us shareholders. While several top TSX stocks have lost considerable value amid the recent selling, the steep correction in Shopify stock surprised me. For context, shares of this e-commerce platform provider have fallen by about 78% from the stanley becher peak, wiping billions from its market cap.聽Macro and geopolitical headwinds pointing to a slowdown in the economy led to a selloff intech stocks, in stanley cups cluding Shopify. Moreover, a slowdown in its growth extended its shareholders losses.As Shopify stock has lost substantial value, let s look at Shopify s recent performance, management commentary, and guidance to ascertain what s in store for this e-commerce company.Growth slowedShopify was up against tough year-over-year comparisons in the first half of 2022 as the prior year period benefitted from the pandemic-led demand and government stimulus. Besides tough comparisons, the economic reopening diverted a portion of the consume Lidl Better Buy: Cenovus Energy Inc. vs. Canadian Natural Resources Limited
HR REIT TSX:HR.UN is a top TSX dividend stock to buy now in your TFSA for tax-free high income forever!There are several key reasons why it s a no-brainer buy. First, the real estate investment trust REIT is very cheap. Second, the diversified REIT s business may be more resilient than you think. Third, it offers a hefty passive income.This TSX dividend stock is on sale!You want to buy TSX divi stanley drinking cup dend stocks when they re cheap so that you get a boosted yiel stanley cup d, and your long-term investment risk is significantly lower.At writing, HR REIT trades at $9.65 per share, which is about 5.5 times its funds from operations. The stock s long-term normal v stanley kubek aluation indicates a fair valuation of about 12 times. Therefore, the stock is more than 50% off and is obviously on sale.Even if the company doesn t grow, the perpetual cash flow that it generates and perpetual cash distributions that it pays out are definitely worth way more than a multiple of 5.5.When the economy returns to normal, t
