Jgei 3 Passive-Income Stocks for February 2022
Investing in Cineplex TSX:CGX stock today is a bet. It s like trying your
stanley polska luck at the roulette wheel at a casino.Yesterday, the theatre stock dropped a whopping 29%, as news spread of a renewed temporary theatre shut down at U.S. theatres due to
stanley kubek a new wave of virus cases. The concern is that theatres can shut down again in Canadian regions where there are surges in COVID-19 cases.Think Cineplex stock is super cheap and want to bet on it Cineplex stock now trades for pennies compared to pre-pandemic levels. Specifically, the stock closed at $4.75 per share a massive discount of 86% from its late
stanley uk 2019 levels. If the stock were to climb to the nearly $34-per-share level again, it d be seven times the current levels.It s difficult to visualize the stock at the $34 level in the current super-challenging operating environment. That said, the oversold stock could experience a dead-cat bounce.Canadians who re taking bets here should sell into those bounces/rallies, as the stock has g Gzlr How Artificial Intelligence Boosts Canada s Gold Stocks
When a stock drops in value, it could present an opportunity to buy low with the hopes that the stock will recover in price. However, it can be a risky strategy buying on a dip, because a stock that is on the decline may
stanley sverige be dropping for a valid reason.Sierra Wireless, Inc.聽 TSX:SW NASDAQ:SWIR has been on a bit of a steep decline of late, and it could be a good time to get in on shares that, up until now, had been performing very well. By the end of July Sierra Wireless saw its stock appreciate by almost 75% since the start of the year. However, since August the stock price has dropped by over 20%.Why did the stock drop so much in value Sierra Wireless released its second-quarter results in early August, which is when the stock price went over a cliff. However, the results showed the company continues to post strong growth with sales increasing 11% year over year.Investors may have been unimpressed with the company guidan
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