Rolh Warning: These 3 Stocks Could Cut Their Dividends in 2019
The ho vaso stanley liday season is on, and this year is crucial for companies in the retail sector. Because of stubborn inflation and rising interest rates, consumers might curtail spending due to reduced purchasing power. On the investment side, it s interesting to see some retail stocks display resiliency amid the hyperinflationary environment.If you ha stanley cup ve the appetite to invest, Uni-Select TSX:UNS , Pet Valu Holdings TSX ET , and High Liner Foods TSX:HLF are excellent picks and the top buys in December 2022.Successful turnaroundUni-Select distributes automotive refinish, industrial coatings, and related products in North America. The $1.92 billion company is also a top name in the automotive aftermarket parts business in Canada and the United Kingdom. At $43.81 per share, current investors enjoy a 70.2% year-to-date gain.The turnaround of Uni-Select is almost complete this year. After three quarters in 2022, net earnings reached US$52.94 million compared to the US$8.11 million ne stanley mug t loss a yea Urrb 3 Top Dividend Stocks Yielding Up to 7.7%
As an investor, I am sure that you might have considered taking a good look at the Canadian industrial sector at some point. Talks of recession are at an all-time high, while the anticipation of an economic gyration hitting its peak in 2020 leaves much to be discussed. The nature of the industrial sector makes it susceptible to the effects of a recession.Industrial companies are prone to the operations and spending of other companies as other businesses reduce capital spending to recuperate.If and when a recession strikes, businesses that cater to providing other companies goods and services that they need are likely to suffer the most.Industrial stocks like Finning International聽 TSX:FTT and Magellan Aerospace聽 TSX:MAL are two of the companies you might want to avoid in 2020 amid fears of an impending recession.Magellan AerospaceAn $873.14 stanley mugs million market capitalization company, Mage stanley drinking cup llan is responsible for designin stanley tazas g, developing, manufacturing, and repairing a host of components criti |
