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Money Celebrate Canada Day With These 2 Top Canadian Stocks!

21:55  01 july  2018
21:55  01 july  2018 Source:   fool.com

Marijuana stocks surge as Canadian Senate approves legal pot

  Marijuana stocks surge as Canadian Senate approves legal pot Canadian pot stocks surged Wednesday after a bill to legalize recreational marijuana passed one of the last major hurdles in the country’s parliament. The Senate approved a bill from Prime Minister Justin Trudeau’s government to legalize cannabis, setting the stage for sales to begin in two to three months. Canopy Growth Corp., the nation’s largest marijuana producer with a market value of C$8.9 billion ($6.7 billion), soared as much as 6 percent to C$45.10, a record high. Aurora Cannabis Inc. rallied 2 percent ar 10:38 a.m., Cronos Group Inc. gained 1.7 percent and Aphria Inc. rose 2.2 percent.

Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) and Air Canada (TSX:AC) are two great Canadian stocks to own.

Celebrate Canada Day With These 2 Top Canadian Stocks ! It’s Canada Day today! For this occasion, I present you two Canadian stocks that may interest you depending on whether you’re more focused on growth or on value.

a large passenger jet sitting on top of a runway© Provided by Fool

It’s Canada Day today! For this occasion, I present you two Canadian stocks that may interest you depending on whether you’re more focused on growth or on value.

Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS)

If you’re more interested by growth stocks, you should consider Canada Goose Holdings. This company is growing and expanding fast and so is its share price, which has soared 173% over one year.

Since going public in March 2017, Canada Goose has beaten expectations on both the top and bottom lines each quarter.

The company’s last quarter was impressive, beating expectations by a wide margin.

Marijuana Stocks Surge as Canadian Senate Approves Legal Pot

  Marijuana Stocks Surge as Canadian Senate Approves Legal Pot Canadian pot stocks surged Wednesday after a bill to legalize recreational marijuana passed one of the last major hurdles in the country’s parliament. The Senate approved a bill from Prime Minister Justin Trudeau’s government to legalize cannabis, setting the stage for sales to begin on Oct. 17. Canopy Growth Corp., the nation’s largest marijuana producer with a market value of C$8.9 billion ($6.7 billion), soared as much as 6 percent to C$45.10, a record high. Aurora Cannabis Inc. rallied 3.8 percent at 3:26 p.m., Cronos Group Inc. gained 6.2 percent and Aphria Inc. rose 3.6 percent.

Join us for Celebrate Canada days . It all begins on June 21 with National Indigenous Peoples Day , continues with Saint-Jean-Baptiste Day (June 24) and Canadian Multiculturalism Day (June 27), and comes to a spectacular finish on Canada Day (July 1).

Woodbine will celebrate Canada by giving out free Canadian Flags, serving birthday cake and Free Admission & Parking scrumptious pancakes topped with Downey’s own strawberries and This year, we celebrate Canada 151 with Markham’s largest and most vibrant Canada Day celebration yet!

Canada Goose’s revenue jumped 144% in the fourth quarter to $124.9 million, beating estimates of 74.6 million. Direct-to-consumer revenue jumped to $95 million driven by the opening of four new stores and eight e-commerce sites during the last year. Gross margin expanded from 54.4% to 62.7%.

The company reported a net income of $8.1 million ($0.07 per share) in the fourth quarter, compared to a loss of $23.4 million ($0.23 per share) a year earlier.

The luxury parka maker posted an adjusted profit of $0.09 per share, up from a loss of $0.15 a year ago, thereby beating the estimates of a loss of $0.08 per share.

Canada Goose’s fiscal 2018 revenue rose 46% to $591.2 million, while its net income increased 345% to $96.1 million, as compared to fiscal 2017.

Toronto stocks higher, U.S. markets also gain

  Toronto stocks higher, U.S. markets also gain The industrials sector helped lift Canada's main stock index at late-morning, while U.S. stock markets also climbed higher as technology companies and banks rose.  The S&P/TSX composite index was up 48.90 points to 16,420.68, after 90 minutes of trading.

This award-winning event, presented by the Port of Vancouver, is the largest Canada Day celebration outside our nation’s capital. Food trucks. Fireworks Show. Canada Day at Canada Place is the best way to celebrate our nation’s birthday! Canadian Forces Zone at Canada Day at Canada Place.

Fort Langley celebrates Canada Day at the historic fort with birthday cake and other family-friendly activities. Decorate your bike in full Canadian style and participate in the parade – all ages welcome. As with most other top Canada Day festival venues, admission is free.

The high-end coat maker issued a bullish long-term growth forecast. An annual revenue growth of 20% and an annual EPS growth of 25% is expected over the next three years. The company plans to open two stores in China this fall, as well as three new retail stores in North America before the winter.

This fast growth and expansion means that Canada Goose’s stock should keep flying high in the coming years.

Air Canada (TSX:AC)(TSX:AC.B)

If you’re a value investor, you should be interested in Air Canada’s stock. Indeed, the stock is very cheap. Its current P/E is only 3.1, which is much lower than its five-year average P/E of 27.3. The share price is down by 18% since the beginning of the year.

Air Canada’s earnings have been negatively impacted during the last quarter by rising fuel costs due to the increase in oil prices.

The airline’s net loss widened to $170 million in the first quarter from $13 million a year earlier.

Toronto hits record close, while U.S. markets also gain ground

  Toronto hits record close, while U.S. markets also gain ground The base metals and industrial sectors helped Canada's main stock index close at a record high Monday, while U.S. stock markets also climbed higher as technology companies and banks rose. Stocks were up across North America following positive economic data from Canada and the U.S. last week, said Craig Fehr, a Canadian markets strategist with Edward Jones in St. Louis."I'd say the real catalyst here is a bit of a distraction from what's been weighing on markets recently, which has been a fear of a budding trade war, and that distraction is coming in the form of some strong and encouraging economic data.

Canada Day (French: Fête du Canada ) is the national day of Canada . A federal statutory holiday, it celebrates the anniversary of the July 1, 1867, the effective date of the Constitution Act, 1867 (then called the British North America Act, 1867)

Acknowledgement. This Canada Day Event is made possible by way of the generous support of the Government of Canada through the Department of Canadian Heritage. If you are still trying to figure out where to celebrate Canada day , consider this . . .

Things improved on an adjusted basis: Air Canada lost $52 million ($0.19 per share) compared with an adjusted loss of $63 million ($0.23 per share) a year ago. This loss was smaller than the $0.44 loss expected by analysts.

Operating revenue for the quarter totalled $4.07 billion, up from $3.64 billion, boosted by increased capacity and passenger traffic.

To better compete with ultra low-cost carriers, Air Canada will expand the domestic offerings of its Rouge discount brand this summer. The airline will also launch a new loyalty program in 2020, which should help to attract more foreign investors.

While earnings are expected to decrease by 32% this year, this won’t last. Indeed, earnings are expected to grow by 39.4% next year and at an annual rate of 19% for the next five years. The P/E-to-growth (PEG) is only 0.44, which means that Air Canada is undervalued relative to its growth.

It’s time to buy the dip in Air Canada’s stock before it takes off.

On April 25th, the “ultimate buy signal” started flashing…

Just 6 weeks ago, The Motley Fool’s Iain Butler revealed an ultra rare “triple down” stock recommendation – and investors all over Canada are rushing to get in! Why? Because past “triple downs” have averaged over 100% returns. One “triple down” alone earned 440% returns (in just over two years’ time).

Energy stocks help lift Toronto market

  Energy stocks help lift Toronto market TORONTO - Energy stocks helped lift Canada's main stock index at late morning as the price of oil also ticked higher.  The S&P/TSX composite index closed up 96.38 points at 16,548.72 to top the record close set a day earlier. In New York, the Dow Jones industrial average ended up 143.07 points at 24,919.66.

(CNN) Canada Day is coming up, and it's what it sounds like: a federal holiday to celebrate the country and show off national pride. When is it? July 1 is Canada Day . However, because that date falls on a Sunday this year, many Canadians will take off from work on Monday, July 2 .

Canadians , however, celebrate their Thanksgiving Day on the second Monday in October. Victoria Day in Canada . This celebration of Queen Victoria's birthday is marked with parades and fireworks across much of the country.

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Fool contributor Stephanie Bedard-Chateauneuf has no position in any of the stocks mentioned.

Canada earns gold, bronze at beach volleyball's Gstaad Major .
Canada earns gold, bronze at beach volleyball's Gstaad MajorWhile those hopes were dashed, Canada came away from the FIVB event with a gold and bronze medal.

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