Musiccosmos

It’s a historic day for Canada. Marijuana has finally been legalized, and Canadians from across the nation are going to be flooding into their local pot shops to buy weed legally (without a prescription) to celebrate a joint effort (pardon the pun) that’s been many years in the making. While there are plenty of marijuana options in today’s market, I’ve narrowed the list down to four top names that I believe will see the most upside over the next five to 10 years. Without further ado, here are four pot stocks (in no particular order) to put in your pipe… It’s a historic day for Canada. Marijuana has finally been legalized, and Canadians from across the nation are going to be flooding into their local pot shops to buy weed legally (without a prescription) to celebrate a joint effort (pardon the pun) that’s been many years in the making. While there are plenty of marijuana options in today’s market, I’ve narrowed the list down to four top names that I believe will see the most upsid...

There aren’t many dividend stocks in Canada that you can buy with an intention to never sell in your Tax-Free Savings Account (TFSA). But  Canadian National Railway (TSX:CNR)(NYSE:CNI) stock is one great candidate if you’re building a portfolio consisting of “forever” stocks.   The reason I’m so confident in recommending CN Rail for your forever stock portfolio is that this transportation giant has a dominant position in the region’s economy. And I don’t think that position is going to change anytime soon. CN Rail runs a 19,600-mile rail network that spans Canada and… There aren’t many dividend stocks in Canada that you can buy with an intention to never sell in your Tax-Free Savings Account (TFSA). But   Canadian National Railway (TSX:CNR)(NYSE:CNI) stock is one great candidate if you’re building a portfolio consisting of “forever” stocks.   The reason I’m so confident in recommending CN Rail for your forever stock portfolio is that this transp...

Gold has taken a hammering in recent says to see it tumble below the psychologically important US$1,200-per-ounce barrier and be trading at US$1,187 an ounce. This sees the yellow metal down by roughly 7% over the last year, and there are signs that it may weaken further in coming months. This isn’t good news for gold miners, causing the VanEck Vectors Gold Miners ETF to plummet by 22% over that period. The increasingly poor outlook for gold doesn’t bode well for those gold miners with high operating expenses, such as IAMGOLD (TSX:IMG)(NYSE:IAG), which reported second-quarter all-in sustaining costs (AISCs) of US$1,077… Gold has taken a hammering in recent says to see it tumble below the psychologically important US$1,200-per-ounce barrier and be trading at US$1,187 an ounce. This sees the yellow metal down by roughly 7% over the last year, and there are signs that it may weaken further in coming months. This isn’t good news for gold miners, causing the VanEck Vectors Gold Mi...

Hi there, Fools. I’m back again to highlight a few stocks that have recently been tossed onto the new 52-week lows list. A couple of reasons I do this is because beaten-down stocks can often provide very limited downside, as they’ve already “fallen off the cliff”; and highly attractive upside in the form of a prolonged turnaround. As long as you’re careful to stay away from value traps, buying low and selling high remains the most fundamental approach to wealth building. Lumbering performance Our first value opportunity is Canfor (TSX:CFP), which hit a new 52-week low of $22.46 late last… Hi there, Fools. I’m back again to highlight a few stocks that have recently been tossed onto the new 52-week lows list. A couple of reasons I do this is because beaten-down stocks can often provide very limited downside, as they’ve already “fallen off the cliff”; and highly attractive upside in the form of a prolonged turnaround. As long as you’re careful to stay away from value traps, buyi...

The mere mention of BlackBerry (TSX:BB)(NYSE:BB) typically brings memories of small keyboards and incredibly underpowered hardware devices that dominated the market long before both Android and iOS devices gobbled up the market. Today, BlackBerry has reinvented itself as a promising tech company that is focused on its growing enterprise segment as well as maintaining its status as a leader in the realm of security. That’s not to say the company hasn’t been innovating further, because it has. Here are some of the incredible technology projects that the Waterloo-based company is working on that more than justify the company as an The mere mention of BlackBerry  (TSX:BB) (NYSE:BB) typically brings memories of small keyboards and incredibly underpowered hardware devices that dominated the market long before both Android and iOS devices gobbled up the market. Today, BlackBerry has reinvented itself as a promising tech company that is focused on its growing enterprise segment...

Back in March, I’d discussed how Chinese tariffs on U.S. pork and wine products could potentially open lanes for Canadian companies to enter in the near term. Since those opening shots, the U.S.-China trade war has dramatically escalated. JPMorgan released a note that predicted the U.S.-China trade war would enter “Phase III” in 2019, which has the potential to entail tariffs on all imports from China. This would bring the total to over $500 billion. The economic showdown between the U.S. and China will impact the U.S.-Mexico-Canada Agreement (USMCA), which should be ratified sometime in the late fall. Inside… Back in March, I’d discussed how Chinese tariffs on U.S. pork and wine products could potentially open lanes for Canadian companies to enter in the near term. Since those opening shots, the U.S.-China trade war has dramatically escalated. JPMorgan released a note that predicted the U.S.-China trade war would enter “Phase III” in 2019, which has the potential to entail tar...

October is a big month for the cannabis industry. After months of waiting, recreational cannabis will finally be legal nationwide on the 17th. It’s a moment that people from many walks of life — investors, cannabis producers, and pot smokers alike — have been waiting for. Now that legalization is almost here, investors have to decide where they’ll be putting their money. Although sector-wide funds do exist, most investors seem intent on picking the individual pot stocks they consider the best. And that may be a good idea, since there are a few clear winners in the cannabis industry who are… October is a big month for the cannabis industry. After months of waiting, recreational cannabis will finally be legal nationwide on the 17th. It’s a moment that people from many walks of life — investors, cannabis producers, and pot smokers alike — have been waiting for. Now that legalization is almost here, investors have to decide where they’ll be putting their money. Although sect...

Once left for dead, BlackBerry has re-invented itself over the past number of years. Although it’s well off 2014 lows, the year has not been kind to shareholders. Year to date, the company’s share price has lost approximately 6% of its value. Likewise, it is trading at the low end of its 52-week range, down 27% from its yearly high. Yesterday, Fool contributor Jason Phillips outlined the reasons why he  expects the company to soar should second-quarter earnings be strong. Today, BlackBerry reported earnings. Did they deliver? Beat on top and bottom lines BlackBerry posted adjusted earnings of $0.04 per… Once left for dead, BlackBerry has re-invented itself over the past number of years. Although it’s well off 2014 lows, the year has not been kind to shareholders. Year to date, the company’s share price has lost approximately 6% of its value. Likewise, it is trading at the low end of its 52-week range, down 27% from its yearly high. Yesterday, Fool contributor Jason Phillips ...

With total assets of $1.3 trillion, up from $563 billion in 2008, Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is fast approaching RBC to become Canada’s largest bank by assets. But TD is not interested in growing for the sake of growing; it’s after profitable growth with high returns. Let’s look at the last 10 years to get a sense as to why TD stock should be a core holding . As we know, all banks were tested in 2008 and 2009, and never before was strong risk management more important. TD was already a culture of prudent risk management. TD’s strategy has been consistent… With total assets of $1.3 trillion, up from $563 billion in 2008, Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is fast approaching RBC to become Canada’s largest bank by assets. But TD is not interested in growing for the sake of growing; it’s after profitable growth with high returns. Let’s look at the last 10 years to get a sense as to why TD stock should be a core holding . As we know, all banks were teste...

Bausch Health Companies (TSX:BHC)(NYSE:BHC),  formerly known as Valeant Pharmaceuticals , has moved on from its troubled past. New CEO Joseph Papa has done an applaud-worthy job of turning the sinking ship that was Valeant into a firm that’s not only capable of surviving, but one that’s poised for a strong return to the growth track. But this time around, it’s all about organic growth, not debt-fueled acquisitive growth with little to no consideration for R&D or solvency. Simply put, Bausch is an entirely different company than Valeant was before its collapse. It’s a legitimate pharma player with excellent stewardship, terrific assets,… Bausch Health Companies (TSX:BHC) (NYSE:BHC),  formerly known as Valeant Pharmaceuticals , has moved on from its troubled past. New CEO Joseph Papa has done an applaud-worthy job of turning the sinking ship that was Valeant into a firm that’s not only capable of surviving, but one that’s poised for a strong return to the growth track....

The press release announcing Just Energy Group (TSX:JE)(NYSE:JE) had acquired Filter Group, a leader in the home water filtration market, flew across my computer screen September 10. The only thing I could think of at the time was, who is Just Energy and why should I care? I write about stocks in the U.S., Canada, and sometimes overseas, too. While I like to think I’ve got a steel trap for a brain, the truth is, no one can know them all. I certainly didn’t know Just Energy. So, I’ve dug into the company’s business. Here’s what… The press release announcing Just Energy Group (TSX:JE) (NYSE:JE) had acquired Filter Group , a leader in the home water filtration market, flew across my computer screen September 10. The only thing I could think of at the time was, who is Just Energy and why should I care? I write about stocks in the U.S., Canada, and sometimes overseas, too. While I like to think I’ve got a steel trap for a brain, the truth is, no one can know them all. I certainly...

Cannabis stocks surged higher once again on Monday on news that Aurora Cannabis (TSX:ACB) had made  a massive $290 million M&A investment . The company, which has made 10 acquisitions in the past two years, recently announced that it had clued up a deal to buy ICC Labs Inc (TSXV:ICC). ICC Labs is a Vancouver-based CBD oil manufacturer with a focus on the South American market. The company mainly produces CBD extracts for medical marijuana patients. The company also recently received a licence to produce recreational cannabis for the Uruguay market. On ICC’s website, the company claimed that this licence was… Cannabis stocks surged higher once again on Monday on news that  Aurora Cannabis (TSX:ACB) had made  a massive $290 million M&A investment . The company, which has made 10 acquisitions in the past two years, recently announced that it had clued up a deal to buy ICC Labs Inc (TSXV:ICC) . ICC Labs is a Vancouver-based CBD oil manufacturer with a fo...

Cannabis stocks are on fire. It seems practically every day that these companies are reaching new highs. It can be very hard for investors to sit on the sidelines and watch as others get wealthy on these high-flying stocks. But investors who are focused on capital preservation need to focus on one simple question: Are these companies worth what people are paying for them? Luckily, there is a simple answer to that question: Maybe. Maybe someday they will be worth the price the market is currently charging. Maybe the businesses will even grow further, generating gobs of free cash… Cannabis stocks are on fire. It seems practically every day that these companies are reaching new highs. It can be very hard for investors to sit on the sidelines and watch as others get wealthy on these high-flying stocks. But investors who are focused on capital preservation need to focus on one simple question: Are these companies worth what people are paying for them? Luckily, there is a simple answ...

“Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of Safety.” — Benjamin Graham When the stock market is climbing, it’s easy to forget one of the most central concepts of investing: margin of safety. What does a margin of safety mean, exactly? Simple. It means buying stocks only when you’re able to get a significant discount on them. In other words, you don’t cut it close by buying a company worth $4 billion for $3.9 billion. Instead, you need to give yourself a much wider margin for error and… “Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of Safety.” — Benjamin Graham When the stock market is climbing, it’s easy to forget one of the most central concepts of investing: margin of safety. What does a margin of safety mean, exactly? Simple. It means buying stocks only when you’re able to get a significant discount on them. In other words, you...

The ongoing trade negotiations between the United States and Canada were paused on Friday as the two sides were unable to come to an agreement. This breached a “deadline” that was set by President Trump. However, both sides have committed to further talks in the hopes that a deal can be reached in the near future. The Trump administration has sought to apply pressure on Canadian officials in setting a month-long deadline that will see the United States and Mexico enter a separate agreement. The Toronto Star released a report last week that indicated President Trump was unwilling to… The ongoing trade negotiations between the United States and Canada were paused on Friday as the two sides were unable to come to an agreement. This breached a “deadline” that was set by President Trump. However, both sides have committed to further talks in the hopes that a deal can be reached in the near future. The Trump administration has sought to apply pressure on Canadian officials in setting...

Buying dividend stocks on sale is one of the best ways to build long-term wealth. Value and dividend investing are also a defensive way to invest in this part of the cycle. Historically, dividends contribute to roughly a third of total returns. Moreover, buying bargain dividend stocks lead to bigger initial dividend yields. Here are three dividend stocks that are on sale right now. Vermilion Energy (TSX:VET)(NYSE:VET) The volatility of energy prices provides opportunities for investors to trade energy stocks. Vermilion Energy is a quality stock in the space; it has leading high-netback operations in Europe, North America, and Australia…. Buying dividend stocks on sale is one of the best ways to build long-term wealth. Value and dividend investing are also a defensive way to invest in this part of the cycle. Historically, dividends contribute to roughly a third of total returns. Moreover, buying bargain dividend stocks lead to bigger initial dividend yields. Here are three dividen...