Kpmi Top 3 TFSA Stocks to Buy in June
In this age of streaming and home entertainment systems,
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many investors have argued that the movie theatre, and therefore Cineplex Inc. TSX:CGX , is dead. They say that movie-watchers don t need the theatre anymore. After all, we can access all the content from the comfort of our homes. But is this conventional wisdom actually accurate Or it is missing something really important Please read on as I review the reasons skeptics are wrong about the death of the movie theatre, and by extension, Cineplex stock.Cineplex stock gets whacked and remains DIRT cheapBefore the pandemic hit, Ci
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neplex saw its stock price trading at almost $35. Then, news of the pandemic and lockdowns took it down to prices as low as $4.60. At that time, we were all questioning whether Cineplex could survive. But management went into crisis mode slashing costs, rallying support, and planning for post-lockdown life.Today, Cineplex stock is trading at over $13. It s still a far cry from its pre-pande
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mic day Sebh Nearing Retirement Then These 3 Income Machines Should Be in Your Portfolio
Many investors like loading up on so-called penny stocks for t
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wo simple reasons.Firstly, these stocks represent huge upside potential. A stock moving from $1 to $2 per share doesn ;t seem like a big gain, but it enough to double your money.Secondly, a relatively small amount of money can buy what seems like a hu
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ge position. $5,000 will only buy 100 shares of a stock trading for $50 per share, but it ;ll buy 5,000 shares of a $1 stock. Some people really like being able to build what seems like a large position without a whole lot of cash.No matter what camp you fall into, you ;ll want to check out these three penny stocks dirt-cheap shares that offer some compelling upside potential while trading for under $5
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per share. Be warned, however. These risky stocks are not for the faint of heart.DundeeFor years now, conglomerate Dundee TSX:DC.A has been one of the cheapest stocks in Canada on a price-to-book value basis. The sum of the company parts