|
Kzxi 2 TSX Stocks That Will Continue to Grow
Convenience store giant Alimentation Couche-Tard TSX:ATD is an underrated growth stock. The stock has delivered stanley quencher a whopping total return of 24,640% since going public in 1999. However, the stock has been rangebound in recent years. It s up just 24% since early 2020.聽The paltry dividend yield doesn t add much value either. However, there are three reasons to keep an eye on this stock.Potential acquisitionCouche-Tard pays out just 12% of its earnings in dividends. The company retains the rest to f stanley website uel growth via acquisitions. In recent years, the team has been unable to close a major acquisition deal which is why cash has been piling up. At the moment, Couche-Tard has roughly $2.14 billion in cash and cash equivalents on the book.Eventually, the company needs to find a home for stanley cupe this cash hoard. The recent acquisition of the Wilsons Gas Stops chain in Atlantic Canada could be indicative of the company s expansion plans. The company could also potentially raise the dividends and send some Jgsj Why Solana Could Be a Big Mover in 2022
Spin Master Corp. TSX:TOY , one of the world s largest children s entertainment companies, released its second-quarter earnings results and raised its guidance for 2017 after the market closed yesterday, and its stock has responded by soaring more than 15% in today s trading session. Let s break down the quarterly results and the new guidance to determine if the rally can continue and if we should be long-term buyers today.A very strong quarter of double-digit growthHere s a quick breakdown of 10 of the most notable statistics from Spin Master s three-month period ended on June 30, 2017, compared with the same period in 2016:MetricQ2 2017Q2 2016ChangeTotal gross product salesUS$283.17 millionUS$186.02 million52.2%Total gross salesUS$300.74 millionUS$198.38 million51.6%Total revenueUS$276.65 millionUS$179.36 million54.2%Gross profitUS$141.4 millionUS$91.63 million54.3%Gross margin51.1%51.1%uncha stanley cup becher ngedAdjust stanley cup ed EBITDAUS$43.72 millionUS$25.39 stanley mugg million72.2%Adjusted EBITDA margin15.8%14.2%160 |
|