3 of the Best Growth Stocks in Canada to Buy Today

For growth investors, this past decade has generally been a good one. Growth stocks have continued to outperform, despite the brief blip caused by the pandemic. However, given where valuations are today, some investors may be less inclined to consider high-flying growth stocks right now. But don’t fear. There’s always good value in every market. These three top growth stocks…

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Cannabis Stocks: Time to Load Up or Sit and Wait?

Cannabis stocks are among the group of growth stocks that has fizzled out of late. Indeed, previous legalization-related catalysts have taken this sector sky high in recent years. However, investor demand for speculative plays appears to have shifted to other corners of the market. Indeed, meme stocks are in, and cannabis stocks appear to be out. That said, some investors…

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1 Key Catalyst That Could Cause Cannabis Stocks to Implode This Year

Cannabis stocks have been on a bumpy ride this year, to say the least. A number of factors that drove this sector higher have seemingly dissipated in recent months. For investors in companies like Canopy Growth (TSX:WEED)(NYSE:CGC), there really aren’t too many catalysts for investors to hang their collective hats on right now. In fact, there’s one catalyst that could…

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This Cannabis Stock Is Down 95% From its All-Time High: Why the Rout May Not Be Over

With speculation around U.S. legalization growing, cannabis stocks have seen significant volatility of late. Indeed, this volatility is for good reason. A number of U.S. states have already legalized recreational cannabis. Accordingly, expectations of federal legalization seemed like a no-brainer with the “blue wave” we saw take hold in U.S. politics last year. That said, it appears sentiment is starting…

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Why Canopy Growth Stock May Be in for Some Downside Pressure From Here

Despite an incredible start to the year, Canopy Growth (TSX:WEED)(NYSE:CGC) has waned in recent months. Shares of this Canadian cannabis juggernaut have fallen nearly 60% from their peak earlier this year. Indeed, the entire cannabis sector, particularly in Canada, has felt this pain. Unfortunately, more pain may be on the horizon for these stocks. And Canopy’s current position as a…

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Earnings Miss Has Canopy Growth on the Outside Looking in

Canopy Growth (TSX:WEED)(NYSE:CGC) had an impressive start to the year. Indeed, Canopy Growth saw its stock price increase from under $25 per share to start the year to more than $70 per share in February. A near-tripling in approximately one month is some pretty insane momentum indeed. However, of late, shares of Canopy are back to trading below $30 per share.…

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2 Top Canadian Growth Stocks Ready to Go Parabolic

Growth stocks continue to be volatile in today’s market. Indeed, there are many reasons for this. But perhaps the biggest catalyst driving valuations lower of late is rising inflation concerns and higher bond yields as a result. Indeed, whether inflation will ultimately prove to be transitory or not is the key question for investors today. That said, some growth stocks…

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Canopy Growth Drops Drake: Is it the Trendy Stock it Once Was?

Canopy Growth (TSX:WEED)(NYSE:CGC) has been making headlines of late. This time, the news centres on the company’s relationship with Canadian rapper Drake. Canopy Growth has announced it’s severing ties with Drake — a move that seems to have taken the market by surprise. Here’s what investors should make of this deal. Canopy Growth pulls the plug on Drake’s More Life In…

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