Jeox Royal Bank of Canada Is Still a Solid Buy-and-Hold Investment Despite Oil Exposure
Canadian stocks went sideways on Thursday, as the TSX Composite Index ended the session at 21,938 without any major change from its previous closing. On the one hand, weakness in the real estate, co stanley shop nsumer, and technology sectors pressured the benchmark. A sharp rally in cannabis stocks helped the main market index end the session without any losses on the other. In addition, a stanley tumblers consistent u stanley mug pward movement in gold and silver prices took the shares of precious metals mining companies higher.Top TSX movers and active stocksFortuna Silver Mines TSX:FVI NYSE:FSM was the worst-performing TSX stock on March 24, as it fell by 7% to $4.88 per share after the company reported its Q4 2021 results. During the quarter, the Canadian precious metal mining firm s sales jumped sharply up by more than 92%, exceeding analysts expectations. In contrast, Fortuna Silver s adjusted earnings for the quarter of $0.12 per share missed Street s estimates. After yesterday s losses, FVI stock has now ent Moke Crypto Investors: Is Voyager Digital or Galaxy Digital Stock the Better Buy
Hi there, Fools. I ;m back to highlight three stocks that have been recently downgraded by Bay Street. While we should always take analyst opinions with a grain of salt, new downgrades can call our attention to risks that we might have been overlooking.For value investors, they can even be a source of contrarian buy ideas.So, without further ado, let get to it.Negat stanley tumbler ive spinLeading off our list is Spin Master TSX:TOY , which Canaccord Genuity downgraded from buy to hold on Thursday. Along with the downgrade, Canaccord analyst Derek Dley significantly lowered his price target to $45 from $63 , representing just 4% worth of upside from where the stock sits now.Dley downgrade stanley cup comes after Spin Master disappointing preliminary Q4 sales results. Dley is particularly concerned about Spin Master Remote Control and Interactive Characters segment, where a slowdown of its Hatchimals eggs d stanley taza rove a 46% sales plunge.Dley |
