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Ongt Why Raising Rates Are Far More Detrimental to Housing Than We Realize
Lightspeed POS TSXSPD NYSESPD stock was one of the biggest winners on the TSX in 2020. Up 140% for the year, it solidly beat the market. LSPD stock benefited from strong revenue growth in the first and second quart stanley cup ers, even though it missed on earnings. Investors apparently took the sales growth as a positive, bidding the stock up int stanley romania o the stratosphere.At this point, LSPD is becoming a seriously expensive stock. Trading at 63 times sales, it at a steeper valuation than most tech stocks. However, that doesn ;t mean it not a good buy. If LSPD can keep posting solid growth metrics, then it may continue to defy gravity.In this article, I ;ll cover a few factors that drove LSPD massive gains in 2020 and explore whether the trend can continue.Big rally in tech stocksOne underrated factor helping LSPD in 2020 was a broader rally in tech stocks. The NASDAQ gained about 45% for the full year, lifting most well-known tech stocks along stanley cup with it. Stocks tend Sqas 4 Top TSX High-Yield Dividend Stocks to Buy for 2021
Investors in Barrick Gold Corporation TSX: ABX NYSE: ABX are wondering if the stock will ever re stanley mugs gain its shine聽and deliver the returns the assets are capable of producing.The story has been one of big egos and bad decisions for a number of years. Barrick took on massive levels of debt as it focused on growth at all costs, with an expectation that gold prices would run way beyond the $1,921.50 per ounce reached in September 2011.Barrick miss stanley bottles ed out on a lot of the profits during the big run-up in the price of gold due to hedges it had in place at lower levels. Timing isn t exactly Barrick s specialty. The company decided to cancel its hedging program in late 2009, and had most of its positions closed by the end of 2010. The move looked good for most of 2011 but the price of gold has since fallen nearly 40% to current levels.Throw in some expensive changes at the senior management level and a $5 billion expenditure on the now-halted Pasqua Lama project stanley quencher and you get a company that looks |
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