Renewable stocks have been on a tear.The run started when the Biden Administration introduced the Inflation Reduction Act, which included $369 billion tagged to renewables and clean energy.I am not sure what this act is going to do for inflation, but it certainly is working to inflate stocks in the renewable...
One of the top emerging gold plays in Canada is almost fully consolidated now—and the strategy behind this play is a big lesson for investors looking for 10-20 bagger investments.On Tuesday last week, Northern Superior (SUP-TSXv) bought out Royal Fox Gold (FOXG-TSXv) in the Chibougamau gold play in south-central Quebec for CAD$17 million—a...
I love cheap stocks. I love them even more if there is a good runway for growth.Nothing is more exciting than finding a high-growth gem with a single-digit multiple. But the truth is, those are rare. If you want to own growth, you are going to have to pay up.This...
The Green Trade got up off the floor in the last two weeks. After a very hyped 2020 through early 2021, this has been a dead zone for investors. But from hydrogen to RNG--Renewable Natural Gas--alternative energy stocks came to life in a big way.High oil and gas prices--especially...
US natgas prices have been trading near or above $9/mcf for a week now, while Canadian natgas prices actually hit ZERO for a short time recently—and on the main AECO benchmark no less!ZERO, as in $0.00. How can that happen you say, in a North American market where natgas...
Copper has had a tough go of it. The stocks of copper producers have been even worse.The biggest – Freeport McMoRan (FCX – NASDAQ), is down 40% since April. Small copper producers like Capstone Mining (CS – TSX), Copper Mountain Mining (CMMC – TSX) and Taseko Mines (TKO – TSX) are all...
Even though energy stocks have had a great year (up until June! ) they still trade at very low multiples--2-3.5x cash flow. That means the Market is still seeing this sector as VERY volatile. But huge Q2 profit numbers out of EVERY sub-sector in energy (oil, gas, refiners, frackers, drillers,...
Renewable stocks are flying this week on the heels of a big new bill about to pass through Congress.This deal--worth almost half a trillion in spending--is a long-time coming. Democrats have been infighting about a spending bill since last year. Senator Joe Manchin has been the key hold out as...
