Month: October 2020

A second wave market crash could devastate soaring stocks like Lithium Americas Corp. (TSX:LAC)(NYSE:LAC) and Shopify Inc. (TSX:SHOP)(NYSE:SHOP).
The post 3 Crazy-Overvalued TSX Stocks to Avoid in a Market Crash appeared first on The Motley Fool Canada. …read more […]

Here’s why dividend-paying stocks such as Fortis (TSX:FTS) remain a popular choice among long-term investors.
The post 2 Dividend Stocks on the TSX to Buy and Hold Forever appeared first on The Motley Fool Canada. …read more […]

What’s always in fashion on Wall Street? Growth. Given the current macro environment, however, compelling growth stocks have become even harder to spot. That said, despite the wild ride that has been 2020, a select few names could still shine bright and reward investors handsomely, so says the pros from the Street.

These tickers don’t have just any old growth prospects, they are some serious overachievers. Along with a track record of upward movements since 2020 kicked off, their solid businesses could drive share prices higher through 2020 and beyond.

Bearing this in mind, we set out to find …read more […]

Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see General… …read more […]

Suncor Energy Inc. (TSX:SU)(NYSE:SU) is still trading at a fraction of what it used to be, so should investors and Warren Buffett be looking to sell?
The post Should Warren Buffett Sell Suncor Energy Inc. (TSX:SU)? appeared first on The Motley Fool Canada. …read more […]

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The stock market is getting choppy again. Using stocks like Brookfield Renewable (TSX:BEP.UN)(NYSE:BEP), you can insulate your portfolio from pain.
The post If the Stock Market Falls Again, Make These 2 Moves Immediately appeared first on The Motley Fool Canada. …read more […]

Want to trade in your old iPhone for Apple’s latest and greatest? Here’s how to do it safely and easily. …read more […]

(Bloomberg) — President Donald Trump will receive more doses of Remdesivir on Sunday as he enters a third day in hospital, with his physician saying he has made “substantial progress” but still isn’t “out of the woods.”Trump completed a second dose of Remdesivir on Saturday and remained fever free, his doctor Sean Conley said in a Saturday evening update. He’s expected to conduct his presidential duties while being monitored by Conley.“While not yet out of the woods, the team remains cautiously optimistic,” Conley said in a statement.White House Chief of Staff Mark Meadows said in an interview on Fox News …read more […]

(Bloomberg) — A listing date that moved twice, a company known for parsing data that couldn’t find some of its own shareholders, and a complicated twist on an already unfamiliar route to market. Palantir Technologies Inc.’s direct listing had everything –- and left some shareholders wondering whether the 17-year-old company was really ready to go public.Palantir started trading Wednesday, choosing to run a seldom-tested direct listing process instead of a traditional initial public offering. The stock closed Friday at $9.20, below the $10 per share it opened at on the New York Stock Exchange, giving the company a market valuation …read more […]

(Bloomberg) — Italy’s Nexi SpA and SIA SpA are set to announce their merger after their boards meet Sunday to approve a deal to create one of Europe’s biggest payment providers, people familiar with the matter said.As part of the agreement, Nexi would approve a reserved capital increase for SIA shareholders, with no cash component, said the people, who asked not to be named because the talks are private. Nexi would hold about 70% of the merged company and SIA 30%, they said. Cassa Depositi e Prestiti SpA, SIA’s main investor, would have about 25% of the merged entity, the …read more […]

Suncor Energy will layoff about 10%-15% of its employees due to a significant drop in oil prices, the impact of the pandemic and continued market volatility.Canada-based Suncor Energy (SU) had a total workforce of about 13,000 at the end of 2019. The layoffs will be carried out over the next one and a half years, including 5% cuts in the next six months.The company informed the employees of the restructuring through an internal conference call with CEO Mark Little. The layoffs will take place throughout the organization and will be a combination of layoffs, voluntary buyouts and early retirement.Suncor’s spokesperson …read more […]

Shares of Ford Motor Company rose 2.1% on Friday after the automaker reported 3Q US sales data which reflects the industry’s stronger-than-expected recovery from the COVID-19 pandemic. The company noted that though its US auto sales fell 4.9% to 551,796 units year-on-year, it significantly outperformed an industry decline of 10%.Ford’s (F) 3Q sales data also reflected a robust sequential improvement of 27.2%. Strong demand for pickup trucks and sports utility vehicles mainly boosted the second-largest US automaker’s 3Q sales.The combined sales of F-Series and Ranger pickup trucks increased 4% to 249,997 units year-over-year. Sales for F-Series pickup trucks grew 3.5% …read more […]

Tesla announced that it delivered 139,300 units 3Q, which came ahead of analysts’ expectations of 137,000 units. Despite reporting strong shipment data, shares of the all-electric vehicle maker fell 7.4% on Friday due to the market sell-off on news of President Donald Trump’s positive test for Covid-19.Tesla’s (TSLA) Model 3 Sedan and Model Y crossover SUV made up 89% of the total 3Q deliveries while the older Model S and X accounted for the rest. During the quarter, Tesla shipped 124,100 Model 3 and Model Y vehicles, reflecting a year-over-year growth of 55.9%. Shipments for Model S and X plunged …read more […]

Uber Technologies announced on Friday that its wholly-owned trucking logistics arm – Uber Freight – has received a $500 million preferred stock investment from a group led by Greenbriar Equity. According to the ride hailing and food delivery company, the deal values the subsidiary unit at $3.3 billion on a post-money basis.Uber (UBER) intends to use the investment proceeds to build out its logistics platform and speed up product innovations. As part of the transaction, Greenbriar Managing Partners Michael Weiss and Jill Raker will join the Uber Freight board. Uber stated that it will continue to maintain majority ownership in …read more […]