lgho TFSA Investors: How to Turn $50K Into $2 Million!
Rafh RBC Stock Returns Since March Are Astounding!Lightspeed POSTSX:LSPDNYSE:LSPDhas probably been onebotella stanley of the best stanley mug -performing Canadian tech stocks of the past year. The stock price has climbed a jaw-dropping 600% since last March. Investors remain bullish about the company s prospects.聽However, a tiny, little-known company could be the Lightspeed equivalent of the cryptocurrency world. Here s a closer look at a stock that should probably be on every Canadian growth investor s radar.聽Lightspeed for cryptoBritish Columbia-based startup Banxa Inc.TSXV:BXNArecently listed on the Venture Exchange. The company provides a simple payment system that serves as a bridge between traditional fiat currencies and cryptocurrencies. Essentially, it allows users to pay for BTC or ETH in USD, CAD or any one of their local currencies.聽According to the company, a simple five-minute process allows any crypto business to integrate the payment platform onto thei stanley termoska r website and convert fiat currencies to crypto. Banxa manages the Know-Your-Customer Yytd Couche-Tard (TSX:ATD): 15 Billion Reasons it s a Must-Buy Stock for 2023
Heading into June, Quebec-based cannabis producer HexoTSX:HEXOwas having a strong year in the marketsup more than 60% on the year. Then it reported third-quarter earnings June 14, and some of the s stanley cup hine came off its stock.Hexo finished the month of June down 19%. Here s why.聽Hexo s revenue in the thirdstanley thermobecher quarter was $13.02 million2.8% lower than its revenue in the second quarter. Meanwhile, some of its Canadian rivals such as Canopy Growth and Aurora Cannabis delivere stanley en mexico d sequential growth in their most recent quarterly reports.聽In addition, the consensus estimate for the third quarter was $14.8 million; Hexo missed that by $1.78 million. Again, investors weren t impressed.聽However, to downplay the quarterly results, Hexo CEO Sebastien St. Louis did say that it sold 9% more adult-recreational use pot in terms of kilograms2,700over the second quarter, which means the average price for adult-recreational use pot dropped during February through April.聽On the bottom lin
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