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While this is turning out to be one of the worst weeks for Canadian stocks in decades, this toilet paper stock has, in fact, surged approximately 15%. The $1.2 billion Cascades TSX:CAS will likely be the beneficiary as coronavirus fears continue.Many top TSX heavyweight stocks have tumbled to m stanley website ulti-year low levels this week. Interestingly, Cascades stock has continued to see upward momentum recently. The stock is close to its 52-week high at the moment. It is stanley thermosflasche up almost 60% in the last 12 months alone.Toilet paper is the new currencyKingsey Falls-based Cascades produces and sells tissue and packaging products composed mainly of recycled fiber. It is the fourth-largest toilet paper producer in North America.A stanley thermobecher s people are going crazy over toilet paper and hoarding it amid the virus fears, it could positively impact the company s topline. Notably, Cascades generated more than 30% of its total revenues from toilet paper in 2019.The company has been consistently increasing its revenues and

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The Bank of Canada is rapidly raising interest rates. As inflation surges to the highest level since 1983, the central bank must raise the cost of borrowing money to slow the economy down. This is, uns stanley cup urprisingly, bad for most stocks. However, some stocks thrive in this environment.Here s a closer look at a stable dividend stock that could be well positioned for the rate hikes that lay ahead.聽Power CorpPower Corporation of Canada TSX:POW is a financial holding company with stakes in major insurance and wealth management firms. You re probably aware of some of their subsidiaries such as Great-West Lifeco a stanley cups uk nd Wealthsimple.Power Corp. has felt the full brunt of the broader stock market correction this year. Economic outlook uncertainty has taken a toll. Moreover, with inflation in Canada at all-time highs above 7%, the company s core business around insurance products is under immense pressure more than ever.With the overall stock market under pressure, Power Corpora stanley tumbler tion has underperfor Hgqs Market Crash: 2 TSX Stocks to Protect Your Money
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