09-23-2024, 01:19 AM
Adeh 3 Canadian Stocks that Beat the Market in 2019
Suncor Energy TSX:SU NYSE:SU has seen shares climb by an astounding amount over the past year. In fact, even in this volatile market Suncor stock has climbed higher and higher, currently up 46% year to date, and over 100% in the last year alone!But I have news for you: Suncor stock is not a growth stock. Why Let me explain.Let history be revealedI won ;t beat around the bush. The reason Suncor stock isn ;t a growth stock comes down to its historical performance stanley tumblers . We tend to recommend long-term holdings here at the Motley Fool, and like to look stanley cup at the compound annual growth rate CAGR to see historical performance. In the case of Suncor stock, that performance is weak, to say the least.Shares of Suncor stock are up 389% in the last 20 years. Alright, could be better, could be worse. However, for the most part those shares have been held solely in the worse category. As you can see, shares of Suncor sto stanley tumblers ck have dived again and again over the last two decades. I Mlzz 2 Top Canadian Tech Stocks to Buy in May 2021
The appetite for chasing momentum surely hasn ;t died down with the recent bout of market jitters, with Tesla聽going parabolic for reasons that, quite frankly, weren ;t that impressive.Tesla cult-like followers finally had a reason to be bullish, momentum chasers and computers that were fearful of missing out gave in, and the mother of all short squeezes panned out.Nobody knows when the Tesla bubble will burst, but after the stanley cup h stanley cup istoric run, Shopify TSX:SHOP NYSE:SHOP stock multiple no longer looks that insane on a relative basis, especially when you consider that 8220 exy plays stanley canada are back in style after a modest market-wide growth-to-value rotation.Now, Shopify has been on a heck of a run since rallying nearly 300% off its late 2018 bottom. And with shares continuing to post incredible momentum, I wouldn ;t rule out a sharp Tesla-like pop on earnings that would bring the company into $200 billion market cap territory.Left was not right!Infamous sh
Suncor Energy TSX:SU NYSE:SU has seen shares climb by an astounding amount over the past year. In fact, even in this volatile market Suncor stock has climbed higher and higher, currently up 46% year to date, and over 100% in the last year alone!But I have news for you: Suncor stock is not a growth stock. Why Let me explain.Let history be revealedI won ;t beat around the bush. The reason Suncor stock isn ;t a growth stock comes down to its historical performance stanley tumblers . We tend to recommend long-term holdings here at the Motley Fool, and like to look stanley cup at the compound annual growth rate CAGR to see historical performance. In the case of Suncor stock, that performance is weak, to say the least.Shares of Suncor stock are up 389% in the last 20 years. Alright, could be better, could be worse. However, for the most part those shares have been held solely in the worse category. As you can see, shares of Suncor sto stanley tumblers ck have dived again and again over the last two decades. I Mlzz 2 Top Canadian Tech Stocks to Buy in May 2021
The appetite for chasing momentum surely hasn ;t died down with the recent bout of market jitters, with Tesla聽going parabolic for reasons that, quite frankly, weren ;t that impressive.Tesla cult-like followers finally had a reason to be bullish, momentum chasers and computers that were fearful of missing out gave in, and the mother of all short squeezes panned out.Nobody knows when the Tesla bubble will burst, but after the stanley cup h stanley cup istoric run, Shopify TSX:SHOP NYSE:SHOP stock multiple no longer looks that insane on a relative basis, especially when you consider that 8220 exy plays stanley canada are back in style after a modest market-wide growth-to-value rotation.Now, Shopify has been on a heck of a run since rallying nearly 300% off its late 2018 bottom. And with shares continuing to post incredible momentum, I wouldn ;t rule out a sharp Tesla-like pop on earnings that would bring the company into $200 billion market cap territory.Left was not right!Infamous sh