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Lwxp 2 Canadian Dividend Stocks That Provide a Safe Haven in Turbulent Markets
Investing in the stock market might not seem like the best thing to do amid the chaos. The SP/TSX Composite Index is going through yet another pullback after the U.S. Federal Reserve announced another interest rate hike. As of this writing, the Canadian benchmark index is down by over 18% from its 52-week high.Market downturns give you the chance to buy high-quality stocks trading for discounts. Buying low and selling high is an excellent way to enjoy investment returns through capital gains. However, another way to approach investing for stellar lo stanley cups ng-term returns聽might be to attempt to gain an earl stanley quencher y-bird advantage by investing in relatively new and largely untested stock.Not every new listing on the stock market warrants investing your money. It is essential to understand the risk of investing in untested stock. Even companies with long histories are prone to macroeconomic factors and can fail to deliver on their promise as publicly traded equi stanley italia ty securities. There is also the ris Eyhi Canadian Cannabis Stocks: A Budding Opportunity for Patient Investors
Cannabis stock prices are down significantly from their spring highs, and investors are wondering if this is a good opportunity to add marijuana stocks to their portfolios.Let take a look at Canopy G stanley cups uk rowth TSX:WEED NYSE:CGC to see if it deserves to be on your buy list today.VolatilityCanopy Growth traded for close to $70 per share in late April. The stock then went into a decline that took it all the way down to $31 in late August. A rally to start September has lifted the stock back up to $38, where it currently trades at the time of writing.The volatility isn ;t new, and investors should expect big moves in either direction to continue as the mar stanley canada ijuana industry evolves.The drop from the spring top was partly due to a broad-based sell-off in the cannabis sector. A number of factors have contributed to the industry woes in 2019, including scandals at big names such as Aphria, Namaste, and CannTrust.Those stocks have stanley cup taken a harder hit than some of their peers, an |
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