Jyfm Canada Revenue Agency: 2 Reasons to Max Your RRSP Before Making TFSA Contributions
Markets are soaring higher with the fourth-quarter earnings season in full swing. So far, it has been a mixed bag with the tech sector dominating while consumer discretionary space taking a beating. Here are two top TSX stocks that could change their course after their recently released fourth-quarter earnings.CineplexThere seems no respite for Cineplex TSX:CGX and its investors. The theatre chain operator reported yet another gloomy quarter on Thursday. Its reve stanley mugs nues fell to $52 million a massive drop of 88% compared to Q4 2019. Its net loss also widened in the quarter to $230 million.Cineplex s fourth-quarter 2020 results were more concerning than the pandemic-dominated prior two quarters. Apart from its broadened loss, the bigger concer stanley uk n is the accelerated cash burn. The company burnt net cash of $74.3 million in Q4 stanley cup against $49.7 million in Q3 and $54 million in Q2 2020. Cineplex has to lower its cash burn rate if it wants to survive till the footfall at theatres normalizes Comv 5 Undervalued Canadian Value Stocks to Watch in Spring 2023
These days, more and more stocks are trading at or around 52-week lows, as the market continues to fall from highs that were hit earlier this year. Among these stocks, some stand out as good opportunities, giving investors the chance to buy at attractive levels.Here are聽three stocks that investors should buy on weakness:Altagas Ltd. TSX:ALA Altagas stock was already performing poorly over the last year, as the company $8.4 billion WGL acquisition brought a lot of uncertainty and perceived risk in the closing da stanley water jug te and the implementation of financing stanley mugg to the table.The shares currently present a g stanley quencher ood opportunity for investors that can see beyond the immediate uncertainty.The stock yields a hefty 8%, and the acquisition, which will add additional high-quality assets and give the company a significant footprint in the U.S. and Canada, is accretive to earnings and cash flow and brings with it a plethora of growth opportunities.Sierra Wireless, Inc. TSX:SW NA
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