Ivah Investors Should Factor in This Type of Risk Today
Following more than a year of stellar gains, global stocks fell Monday, possibly due to fears of the rising COVID Delta variant and China stanley website 8217 growth slowdown. After making a quick buck, investors took some money off the table. Whether or not this is the start of a correction remains to be seen. But there are undeniably some individual sto stanley cup cks that are not looki stanley cups ng great this month. With that in mind, here are three stocks to avoid like the plague in August.Barrick GoldBarrick Gold TSX:GOLD NYSE:ABX is a Canadian gold miner that had a pretty bad first quarter. For the quarter, revenue was up slightly but net income and adjusted EBITDA both declined. Gold prices have been trending down lately, which is making it harder for Barrick to grow its earnings. The decline in the price of gold was offset somewhat by increased production, but it wasn ;t enough to grow the company earnings in the first quarter. The company also has more debt than it has in cash, and it has signifi Motn Why Okta Stock Lost 22% in September
For years, investors could count on Crescent Point Energy Corp. TSX:CPG NYSE:CPG to pay out a consistent dividend.Starting in mid-2009, the company paid its $0.23 per share monthly dividend for more than six years without a hitch. Management maintained the payout even through a tough oil market in 2011, stanley thermobecher and through several big acquisitions.Then the crude bear market hit, and Crescent Point was forced to cut the dividend from $0.23 per month to $0.10, a 57% cut.Is this new dividend safe Perhaps not. Through the first six months of 2015, the company generated approximately $950 million in funds from operations. After spending $910 million on capital expenditures, only $40 million was left over for dividends. That works out to less than 10 cents per share.Capital expenditures are expected to go down slightly over the last half of the ye stanley cups uk ar, which will help the sustainability of future dividends. But at the same time, the company suspended its program, which allowed investors botella stanley to take th |
