|
Iuuk Hudson s Bay Co. (TSX:HBC) Sees Losses Steepen in Q1: When Will the Bleeding Stop
Shares of Shopify TSX:SHOP are under pressure following its underwhelming fourth-quarter Q4 results. Shopify stock is down over 17% since its quarterly results, val stanley website uing the company at a market cap of $130 billion. The Canadian e-commerce giant has taken investors on a roller-coaster ride in the last two years, where it initially fell by more than 75% in 2022 and surged over 100% last year. Today, it trades 53% from all-time highs and might be a viable option for long-term investors.How did Shopify perform in Q4 of 2023 In the December quarter, Shopify reported revenue of US$2.14 billion with adjusted earnings of US$0.34 per share. Comparatively, Wall Street forecast revenue of US$2.08 billion and earnings of US$0.31 per share in Q4. stanley cups So, why did Shopify stock fall over 10% despite its earnings beat Well, Bay Street was left unimpressed with the company s guidance for 2024. In Q1 of 2024, Sho stanley canada pify expects revenue growth to grow between 25% and 30%, which indicates a deceleration in to Smsx Billionaire Steven Cohen s Top 3 Canadian Stock Picks
Personally, I m not sure how to go about investing for the short term. Whether the stock market goes up or down tomorrow, next week, next month, or next year is anyone s guess. So, I m here to invest for the long term.The time horizon is just one of the factors investors need to think about. Why are you investing If you ;re investing for a more financially secured future, that too general.Goals should be specific, achievable, and measurable. Since stock prices are so unpredictable, I stanley termosy d rather set my goals based on income and income growth.Income goalSpecifically, I m looking for stocks that have a history of paying strong dividends. If I buy stocks that pay yields in the 3-5% range and grow their dividends by 5% or higher, but don t grow their dividends every year, I req stanley bottles uire a higher yield from stanley cup them. Specifically, they must be higher than 5%.Northern Property REIT TSX:NPR.UN collects rental income from residential properties it owns. For 12 years, the real estate invest |
|