Rbmu 2 Dividend Champions in the Patch You Can Rely on
Tech stocks are witnessing a meltdown in 20
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22, as investors continue to speculate about a near-term recession amid high inflation and rising interest rates. While the tech sector on the TSX has seen a minor recovery in the ongoing quarter so far, most stocks are continuing to trade deep in the red territory on a year-to-date basis. Given that, the opportunity for long-term investors to buy some quality, high-growth tech stocks at a big bargain r
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emains open. In this article, I ll talk about one of the best tech stocks you can buy in Canada right now that has the potential to make you a millionaire in the long run if you act now.Shopify stockShopify TSX:SHOP NYSE:SHOP stock has lost nearly 75% of its value in 2022 so far to trade at $44.43 per share. In May 2020, Shopify became the largest comp
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any by market cap. But since then, it has lost a big part of its market capitalization, which currently stands at around $56 billion. With this, SHOP stock is now hovering close to its lowest le Tnvs 2 TSX Stocks With Millionaire-Maker Potential
Last month, we revealed that聽Hudson Bay Co.聽 TSX:HBC was considering acquiring聽Macy Inc.聽 NYSE:M , a company more than five times its size. We realized this deal wasn ;t so much about expanding its retail operations, but rather it was a play at acquiring Macy lucrative portfolio of real estate.According to Starboard Value, an activist investor, the real value for Macy is in the proj
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ected US$21 billion in real estate it holds. This doesn ;t take into consideration the enterprise value, which, at the time Starboard Value made its proposal, was US$3
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5 per share. And if we look at how Hudson Bay has operated previously, it clear that this was the real goal.It all
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starts with the company that acquired HBC back in July 2008: NRDC Equity Partners. This is a retail and real estate investment firm which had already owned the Lord Taylor brand. Through this acquisition, it became a serious retail powerhouse. But then things got even