Xmxe FIRE Sale: Why Now is the Time to Invest in these TSX Stocks
Bitcoin price has been on the downswing lately, having fallen 48% since its peak in April. That month, BTC reached unprecedented highs, but the gains were not to last. A string of bad news such as Tesla dropping BTC and China clamping down on its use triggered a major selloff in the world largest
botella stanley cryptocurrency. Other cryptocurrencies behaved much the same way, as did certain s
vaso stanley tocks.With Bitcoin losses came major losses for companies involved in buying/selling it. In this article, I ;ll explore two stocks that lost out big time thanks to the Bitcoin bear market.CoinbaseCoinbase Global NASDAQ:COIN is a U.S. crypto exc
stanley cup usa hange that went public just this year. Since going public, the stock has fallen 27%, from $342 to $240. Coinbase slide correlated with the decline in the price of Bitcoin, which makes sense because Coinbase makes money off crypto transactionsmostly BTC. In its first quarter as a public company, Coinbase posted excellent results, Lpux Better Buy: Canadian Natural Resources Ltd. (TSX:CNQ) vs. Baytex Energy Corp. (TSX:BTE)
Dividends are great because you are able to earn a regular stre
stanley termosy am of income just by buying a stock. But the problem is, sometimes the dividend can be too good to be true, with companies offering v
stanley mugg ery high payouts that are not sustainable.If a company is offering a yield in double digits, then something might be suspect, since investors would likely flock to a dividend that could offer those types of payouts. In most cases, you ;ll find the high dividend to be unsustainable, but occasionally you may find a gem.Corus Entertainment Inc. TSX:CJR.B currently pays a very attractive monthly dividend that yields over 8% annually. The dividend is certainly high and suggests that s
stanley cup ome analysis is needed to determine if it is safe.Investors normally look at a company payout ratio to assess the health of the dividend. One common way to calculate this ratio is to look at the company total dividends per share as a percentage of earnings per share.Payouts as a percentage of inc