‘Best of the best’ stock picks include Canadian miner. Plus, a key technical level to watch for markets

‘Best of the best’ stock picks include Canadian miner.  Plus, a key technical level to watch for markets

Credit Suisse’s list of top 40 US stock ideas is an interesting one for domestic investors and the inclusion of Canada’s Teck Resources is only one reason why. The list combines the expertise of the research team’s analysts and the use of Credit Suisse’s proprietary cash flow model to support the analysts’ top ideas. Teck … Read more

Hockey Canada’s strategy of deflecting serves no one but its disgraced leadership

Hockey Canada’s strategy of deflecting serves no one but its disgraced leadership

Witnesses Scott Smith, Hockey Canada President and Chief Operating Officer, left, and Hockey Canada Chief Financial Officer Brian Cairo, appear at the standing committee on Canadian Heritage in Ottawa on Wednesday, July 27, 2022.Sean Kilpatrick/The Canadian Press Awhile back, I had a job in a movie theatre. The theater at the foot of an atrium … Read more

Missing Indigenous author Dawn Walker and son found safe in US

Missing Indigenous author Dawn Walker and son found safe in US

Police handout photo of Dawn Walker and her seven-year-old son.HO/The Canadian Press An Indigenous author and executive with a group representing First Nations in Saskatchewan has been found safe in Oregon, Saskatoon police announced Friday, two weeks after she and her seven-year-old son were reported missing. Dawn Dumont Walker, an author and speaker from the … Read more

Why this money manager has the confidence to recommend investors ‘stay calm’

Why this money manager has the confidence to recommend investors ‘stay calm’

John Zechner.The Globe and Mail John Zechner has seen his share of market downturns in his nearly 40 years managing money. It’s that experience that gives him the confidence to recommend investors “stay calm” during the latest market rout – and start buying if they have the stomach for more volatility. “We’ve seen buying opportunities … Read more

How buying Royal Bank stock taught this investor the value of patience

How buying Royal Bank stock taught this investor the value of patience

In My First Stock, we talk to Canadians about the first stock they owned and how the experience shaped how they invest today. Shawn Matthews, semi-retired security analyst and do-it-yourself investor from Waterloo, Ont. First stock: Royal Bank of Canada My father opened a joint investment account with me in the 1990s, when I was … Read more

BMO expects big bounce-back in TSX stocks. More, why Canadian rails are tempting buys right now

BMO expects big bounce-back in TSX stocks.  More, why Canadian rails are tempting buys right now

The S&P/TSX Composite Index is trading at recessionary valuation levels and that, combined with the extreme breadth of weakness and the dramatic underperformance of cyclical stocks, has BMO chief strategist Brian Belski expecting a strong rally in Canadian stocks. Mr. Belski calculates that Canadian stocks are trading at an average trailing price to earnings ratio … Read more

Shopify cancels fall internships, pauses recruiting for further roles amid fallen stock price

Shopify cancels fall internships, pauses recruiting for further roles amid fallen stock price

Shopify Inc. headquarters sign is seen in Ottawa, May 3, 2022.Sean Kilpatrick/The Canadian Press Shopify Inc. is canceling internships and job offers for people who were to begin working for the Ottawa-based e-commerce company this fall, as it deals with challenges posed by its fallen stock price. In a statement to The Globe and Mail … Read more

Elon Musk makes meme on Twitter legal threat after scrapping $44-billion deal

Elon Musk makes meme on Twitter legal threat after scrapping -billion deal

Twitter’s stock slide more than 6% before the market open Monday, July 11, 2022, after billionaire Elon Musk announced late Friday that he will abandon his $44 billion offer to buy Twitter.Richard Drew/The Associated Press Elon Musk on Monday mocked Twitter Inc’s threat to sue him following his move to abandon the $44 billion takeover … Read more

The Globe’s stars and dogs for the week

The Globe’s stars and dogs for the week

CROCS (STAR) CROX-Nasdaq With inflation driving up the cost of everything from groceries to gasoline, here’s a simple way to save money: stop wearing socks. If you buy a pair of Crocs, you won’t need socks, anyway. Shares of the footwear company – best known for its colorful foam clogs endorsed by celebrities such as … Read more

Shopify delays compensation overhaul, lays off 50, as fallen stock price complicates plans

Shopify cancels fall internships, pauses recruiting for further roles amid fallen stock price

Shopify Inc. headquarters in Ottawa on May 3.Sean Kilpatrick/The Canadian Press Shopify Inc. SHOP-T is putting off a compensation overhaul that would give its employees more choice in how they are paid, as the Ottawa-based company addresses the challenges posed by its fallen stock price and the persistent sell-off pummelling the technology sector . In … Read more