|
Etve 2 Top TSX Consumer Stocks to Buy in November 2022
Cascades TSX:CAS stock was an outperformer last month! It jumped more than 16% in the period versus the Canadian stock market using iShares SP/TSX 60 Index ETF as a proxy that declined 3%. CAS data by YChartsA big chunk of the jump 10% upside occurred a stanley termoska fter the comp stanley quencher any reported its fourth-quarter Q4 and full-year 2022 results. Let take a quick look.Cascades recent resultsIn Q4, Cascades increased its sales by 10% to $1,135 million. Although the company reported an operating loss of $20 million, it was a stanley cup big improvement from Q4 2021 operating loss of $90 million. Additionally, its adjusted earnings before interest, taxes, depreciation, and amortization EBITDA , a cash flow proxy, was $116 million, up from $62 million a year ago. And its adjusted earnings per share EPS was $0.22 versus an adjusted net loss per share of $0.09 in Q4 2021.The full-year 2022 results were stable. Sales climbed 13% to $4,466 million. Operating income was $33 million vers Lgfm 3 Monthly Dividend Stocks to Beat Market Volatility
Royal Bank stanley water jug of Canada TSX:RY NYSE:RY is one of the most popular stocks in Canada. Its $130 billion market cap also makes it one of the biggest. Yet quite recently, the entire business was worth 30% more, which means the bank moved $30 billion in value in a few short weeks.RBC is known for its long-term returns. For decades, it generated double-digit annual gains for shareholders. But this sudden upsurge is something new. This stock rarely moves this much so quickly.Why did Royal Bank of Canada stock surge 30% Ride the rollercoasterInvesting in bank stocks is ess stanley drinking cup entially a leveraged bet on the economy. Banks like Royal Bank of Canada only keep a small portion of their capital as reserves. Banks loan the rest out to a wide variety of businesses and organizations.If the economy stutters, RBC will be directly impacted. It therefore little wonder that shares were crushed during the early days of COVID-19. At stanley mugs the start of 2020, the stock was priced at $109. On March 23, the valuati |
|