LOW RISK STOCKS
Low risky stocks with potential
Update : June 10th 2021 (Pyrogenesis replaces Premium Brands)
Why?: Suncor Energy is focusing on improving its operating metrics. The management expects its production to increase around 10% this year following its maintenance activities, while its operating expenses could fall approximately 8%. The company’s refinery utilization rate could rise to 96%.
Why?: It is expanding its Cannabis 2.0 product offerings, increasing its value products’ THC content, and increasing its retail presence to drive its sales in Canada. Canopy Growth has also partnered with Martha Stewart to launch a portfolio of health and wellness CBD products for humans and pets. So, the company’s growth prospects look healthy
Why?:As the company provides software support for legal firms and government organizations, these industries are likely to produce revenue no matter what happens in the market. The company’s revenue, gross margin and EBITDA continue to rise year over year and will likely continue to do so well into the future.
Why?: The company closed the quarter with cash and cash equivalents of US$232.6 million, which allows the company to carry out its future acquisitions. Given the secular shift towards online shopping and its growth initiatives, I expect the upward momentum in LightSpeed’s stock price to continue.
Industrials/Specialty Industrial Machinery
Why?: Pyrogenesis wants to be a leader in plasma-based solutions. Pyrogenesis is currently in discussion with 3 clients about 3,000 torches for Iron Ore Pelletization. 1 torch is worth $3M Net Present Value. The market is in a desperate need of solutions and this market could represent a crazy $10B worth.