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Canadian tech stocks have been off to the races this week, with the growth-heavy Nasdaq 100 leading the market upward charge going into the latter half of last
stanley canada week. Indeed, the hardest-hit risk-on trades growth and tech are likely to experience the biggest u
stanley cup p days once inflation data comes in cool enough to justify some sort of pause on rate hikes.Now, just because rates on the 10-year note have retreated in recent sessions does not mean it all clear to get back into the battered tech stocks. While they may have the means to add to their recent relief rally gains, there also a big chance that next month consumer price index report could cause a reverse effect, pushing out any possible pivot or Fed pause further out.In this piece, we ;ll look at two blue-chip transportation stocks that could continue riding higher, regardless of what ends up happening with central banks moving forward. Indeed, higher rate
stanley cup s are bad news for any firm. But they Iadf 3 Reasons to Buy Telus Corporation Right Now
When Crescent Point Energy Corp. TSX:CPG NYSE:CPG slashed its dividend by 57% last month, the move was widely prai
stanley thermobecher sed. And for good reason. The $0.23 monthly payout was clearly not sustainable, and by cutting it so dramatically, Crescent Point was preserving its balance sheet.That said, Crescent Point is not out of the woods yet. In fact, the company will likely have to make a similar decision within the next couple of years. Below we take a look at three reasons why.1. Not enough cash flowEven after the dividend was cut, Crescent Point s payout still amounts to roughly $150 million per quarter. And in the second quarter, that is about what the company made in free cash flow.Unfortunately, that was with oil at close t
stanley mug o US$60 per barrel. Since then, prices have plummeted once again, falling below US$40 at one point. Differentials have also widened, meaning that Canadian oil trades at a steeper discount.Whi
stanley tazas le reporting second-quarter results, CEO Scott Saxberg said that at current str
