Pwpa Where Will Celestica Stock Be in 3 Years
Investors on the hunt for passive stanley mugs income need to be cautious about what Canadian dividend stocks they buy right now. Interest rates have risen quickly, and it is putting pressure on the earnings of many stalwart Canadian dividend stocks.A Canadian dividend stock to be cautious ofA notable recent decliner is Algonquin Power and Utilities TSX:AQN . It saw stanley cup its stock drop over 30% after it reported weaker-than-expected earnings and guidance in the third quarter. Algonquin Power was considered a reliable business given its large exposure to regulated utilities and renewable power.However, over the past few years, it has taken on a little too much debt. A fifth of this debt was subject to variable interest rates, and that is now quickly eating up Algonquin s earni stanley quencher ngs. With fears about too much debt and a potential dividend cut, this Canadian stock has rapidly fallen. A Canadian dividend stock to consider addingThat is why it is crucial to own stocks with good balance sheets and the opportun Ntyu TFSA Investors: 3 Dividend Stocks You Haven t Bought Yet, But Should
Two high-performance areas of the TSX index seem to go hand in hand at the moment: metals and marijuana. While gold may have caught the eye of high-growth traders, lithium s potential for stanley france upside should not be ignored. Therefore, let s take a look at the data for one big Canadian lithium miner alongside some turbo-charged cannabis stocks.Lithium Americas TSXAC NYSEAC More shares have been bought than sold by Lithium Americas insiders over the past 12 months, which is always a good sign if investor confidence tends to inform your buying choices. Meanwhile, overvaluation signified by a P/B of four times book is offset by a decent 40.9% expected annual growth in earnings over the next one to thre stanley cup e years.A TSX index favourite for the silver stuff, Lithium Americas is down 6.44% in the last five days at the time of writing, creating a sli stanley cup ght value opportunity, while a one-year past earnings growth of 20.5% and low debt of 11.5% of net worth team up to present a strong recent track re |