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Loyal investors of Air Canada TSX:AC remain hopeful that the airline stock can a make a grand comeback. However, it s beginning to sink in that any rebound by the supposed growth stock won t happen anytime soon. After presenting the Q2 2021 o stanley quencher perating and financial results, Air Canada s president and CEO Michael Rousseau said the company is turning the corner.However, the stock s performance doesn t show investors optimism. The current share price of $22.91 is 36.6% higher than a year ago, although the year-to-gain stanley cup date is only 0.6%. Meanwhile, market analysts have an average price target of $29.28 in the next 12 months. But given the prevailing uncertainties in the airline industry, the forecasted 29.38% upside potential could be a tall order.Urgent call to actionWillie Walsh, director-general of the International Air Transport Association IATA , conf stanley cup irmed that international travel remains 70% down on pre-crisis levels. He stressed that government-imposed restrictions hinder the re Zozc Alimentation Couche-Tard Inc. Is a Great Fit for Your Portfolio
Ever since the start of the COVID-19 market crash, the Canadian dollar has been trading below its previous range. Going for stanley thermobecher US$0.72 as of this writing, it well below its pre-crash level of US$0.75. In the past few weeks, the loonie has recovered some of its value, rising from a March low of US$0.69. However, it still comparatively cheap by historical standards.A weak Canadian dollar is actually good for Canada economy in many ways stanley quencher . It bad news for travellers and those buying goods from the U.S., but it fantastic for Canadian exports. It also a big benefit to many Canadian stocks. Canadian companies that make most or all of their money in the U.S. earn higher profits when the Canadian dollar i stanley nz s weak. Accordingly, investors could take the following course of action to profit off a weak Canadian dollar.Buy stocks that make money from the U.S.Most people know that Canadian exporters make more sales when the Canadian dollar is weak. What many