Eytw Dollarama: The Stock Itself Is in the Bargain Bin
The Canadian stock market may be nearing positive territory in 2022, but there are still plenty of deals t stanley becher o be had. There s no shortage of high-quality TSX stocks trading far below all-time highs right now. But with the market up more than 10% over the past two months, these deals may not be around for much longer.聽It s been a difficult year for both short- and long-term investors. I don t blame short-term investors for preferring to be on the sidelines this year. But those with a long-ter stanley kubek m time horizon have the luxury of taking advantage of the stanley website rare discounts we ve witnessed throughout 2022.I ve reviewed three beaten-down Canadian stocks that are all trading below $20 a share today.Investors willing to be patient would be wise to have these three discounted TSX stocks on their watch lists in December.Absolute SoftwareIt s been an impressive year for Absolute Software TSX:ABST . While the tech sector as a whole has struggled in 2022, shares of Absolute Software are up a market-beating Zpsr 1 TSX Stock Trading at a 50% Discount
The spot prices of gold and silver continue to experience downward pressure, as the Trump administration is pushing forward with its planned U.S. tax reform. The plan itself has received universal pushback from the Democrats, an stanley bottles d some are criticizing the reform for its unequal distribution. GOP leaders decided to hold the top personal rate at 39.6%, but have held a commitment to remove the estate tax.Perhaps most importantly, the corporate tax rate, which w stanley cup ill represent a drop from 35% to 20%, which be immediate and permanent. This appears to contradict earlier reports that House Republicans were mulling a multi-year rollout, which U.S. markets reacted negatively to.Analysts at Roya stanley mug l Bank of Canada have projected U.S. GDP to receive a 0.5% annual bump from the proposed tax reform. In addition to the windfall from offshore holdings that the Trump administration is touting, U.S. companies will be able to immediately apply the new rates. In an early October article, I discussed how U.S. t