Stocks

Last year brought a big fall for the global stock markets followed by a recovery towards the year-end. But this recovery was lopsided toward tech stocks as the pandemic came as a boom to the cloud and internet companies. This year is all about the after-effects of the pandemic and the vaccination drive. The economic recovery will begin in 2022 as all sectors, online and offline, return to businesses. This is where the value is. Here are the top 10 stocks that are trading at lower prices but hold the potential to grow when things return to normalcy.

Kroger is an American retail company operating the largest supermarket (in terms of revenue) in the country. Though the stock has lost much of its market share to rivals like Walmart post-2018, it made it through the pandemic relatively unscathed as demand for groceries and home cleaning supplies were on a rise.

The fourth wave of COVID-19 is here. The number of cases in Canada is on the rise and while the situation isn’t as dire as it was in March 2020, there is still cause for concern. If the country does go into another lockdown, investors should be looking at stocks that will be able to survive and even grow during the lockdown.

Lightspeed POS, presently known as Lightspeed Commerce Inc, is a Canadian retail POS company that offers a Software as a Service (Saas) based e-commerce platform primarily to small and medium-sized businesses located in Canada, United States, Germany, and Australia, among others. During the pandemic when online shopping was at its peak, the company’s omnichannel commerce software aiding online payment solutions got a massive boost and as a result the company’s share also blew up. Within the past year, Lightspeed has gained around 200%, and even now, the stock is continuing to outperform the market and has gained about 40% year to date.

Shopify is a Canada-based multinational e-commerce platform operating across 175 countries with a customer base of around 1.75 million merchants. In return for subscription fees ranging from $29 per month for entrepreneurs to $2,000 and up for large companies, this platform enables merchants to sell their offerings across various channels like web and mobile storefronts, pop-up shops, physical retail locations, etc. along with helping them in operational processes like inventory management, order, and payment processing, shipments, and likes.

TC Energy Corporation is a Canada-based North American energy infrastructure company operating across Canada, the United States, and Mexico. The company is considered one of the best players in the North American energy infrastructure sector. Its functions are mainly based across three core business lines: Natural Gas Pipelines, Liquids Pipelines, and Energy. Using a network of 93,400 km natural gas pipelines TC Energy transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.

According to the government of Canada, “The Canadian space sector has established a world-class reputation in many areas, including in Earth observation, space robotics, space science and exploration, and satellite communications; and continues to innovate into emerging capabilities.” This industry also has a huge role in the country’s nation-building process and as per a 2018 report, it has been generating $5.7 billion in revenues along with contributing $2.5 billion to the Canadian economy.

Facebook is a company that has faced its fair share of challenges through the years but it is moving on like ‘The Little Engine that Could’. Except, Facebook is no longer little and the engine is a monster that can’t be stopped.

Meme stocks run on momentum. As long as there are enough investors egging the stock on, and coming up with new reasons to buy and HODL, the stock is on an uptrend. We saw that happen to GameStop in January and then with AMC in June. Now, it seems like meme hypers have turned their attention to BlackBerry. The stock closed at $8.59 on May 25 before all sorts of news started emerging hyping up the company on social media, especially on the subreddit WallStreetBets. By June 3, BlackBerry stock was up 85% at $15.88.

With vaccinations and a recovery in corporate earnings, it is a very good time to invest in stocks that will benefit from the economy’s reopening. This list doesn’t contain names like Air Canada or Cineplex because we believe that while these stocks can zoom up, even a little bad news or a jolt can cause these stocks to erode investor value. The stocks on this list are ones that will do well in shaky times as well.

Small-cap stocks are generally bought because of their growth potential, and not because they pay out regular dividends. However, there

Contrary to popular opinion, not all stock markets are alike. Different regions and country stock markets often move to the beat of their own drummer based on all sorts of factors, from economic growth to political events and perceptions of risk. It pays overtime to take a global perspective.

The United States has been making a V-shaped recovery since the last quarter of 2020, with rising GDP and consumer spending and declining unemployment. The country’s recovery rate is just behind China, as US GDP increased at an annualized rate of 1.6% in the first quarter of 2021 (ended March). In comparison, the European region witnessed a double-dip recession in the first three months of 2020, as the Euro Zone GDP shrunk by 0.6% over this period.

Facedrive doesn’t call itself a company. It calls itself a “people-and-planet first” tech ecosystem that offers socially responsible services to local communities. It’s a great way to connect with local communities and it puts the planet first which is a great USP in today’s world.

In an advertisement on The Financial Post, Facedrive CEO Sayan Navaratnam said, “What if we built this organization more into an ESG platform, with multiple pillars, where a user can come into the one ecosystem, understand the value and be part of something they truly believe in?”

The last year has seen central banks across the world cut down interest rates to record lows since the 2008 financial crisis. Almost all governments have launched stimulus programs and have refused to up rates. The US Fed has said that it expects inflation to rise to 2.4% and it’s a matter of time before Canada follows suit. As inflation continues to climb in Canada, here are five stocks that are worth investing into:

The global marijuana market is growing at a fast pace and investors want to be a part of this growth story. A report by Grand View Research Inc. says that the global legal marijuana market size is expected to reach $84.0 billion by 2028, and is expected to expand at a CAGR (compounded annual growth rate) of 14.3% from 2021 to 2028. The report says, “Increased legalization of marijuana for medical and adult-use and the growing adoption of these products for the treatment of chronic diseases are the key factors driving the market for legal marijuana.”