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Suncor Buy Before the earnings $SUTSX:SU Revenues are Relatively stable throughout the past quarters : All Billions of $ 2023 Q1 11.91$ Q2 11.72$ Q3 12.65$ Q4 12.81$ 2024 Q1 12.38$ Q2 12.89$ The Operating Expenses are not increasing too much Q1 11.91$ Q2 11.72$ Q3 12.65$ Q4 12.81$ 2024 Q1 12.38$ Q2 12.89$ Not many losses ; Earnings are consistent ; Interest expenses are below zero ; Debts levels are low ; Account receivables has increased which is not good ; Inventory has increased which is not good. ; Short-Term Debt is relatively low Operating Cash Flow Is Positive and has grown from Q1 to Q2 ; Capital Expenditure Is Below zero ; Free Cash Flow Is Above 1 bn and it's growth is above 50%; No Short-term or Long term debt has been issue during Q2. My Take Profit Is not Far from the entry price. This is a Quick Swing Trade.
TSX:SULong
by Kingmboma
1
Dye and Durham Downward SpiralMaking acquisitions to artificially boost their numbers, their software has not improved in years. Their recently announced layoffs and "back to office" attitude will help them get costs under control, unfortunately their product will not improve and they will have to increasingly rely on sales tactics and lock-in, an Oracle-lite strategy where the current customers find it difficult to switch and stay with the product for 5-10 years while new customers are increasingly harder to find. They'll end up at $7, we've seen this story play out for other software companies where the product offering hardly improves and the customer pipeline slows down. Then they'll get bought out by a larger player, same strategy as DNDT but at a larger scale.
TSX:DNDShort
by electronicSnow83795
Wheaton Precious Metals (WPM): Fibonacci Levels to WatchToday, our focus is on gold mining stocks, with earnings reports from Barrick Gold TVC:GOLD and Wheaton Precious Metals NYSE:WPM in the spotlight. We’ve zoomed out on the NYSE:WPM chart to assess the overall structure and identify longer-term opportunities. Building a portfolio with some exposure to the commodity market is, in our opinion, a solid strategy for diversification. NYSE:WPM appears highly correlated to Gold OANDA:XAUUSD and is currently sitting on a crucial trendline while hovering in the minimum target area for wave 3. A drop into the $78.5-$68.5 range seems plausible to establish the wave (iv). Ideally, the stock would then resume its upward trend, targeting higher Fibonacci levels for wave 3. In the broader picture, Wheaton Precious Metals responds well to trendlines, and a potential move into the $64.2-$52 zone could also occur over time. If Gold continues to rise, NYSE:WPM may follow suit, and during Gold’s peak, mining stocks like NYSE:WPM could outperform the physical commodity significantly. We are closely monitoring this setup and evaluating whether to execute it. Remember to always conduct your own research before making any investment decisions!
TSX:WPMLong
by freeguy_by_wmc
Clean Chit for more than 25% POWHello, traders community, This Canadian power corporation has shown consistent revenue growth due to its expansion into renewable energy assets. Given the recent shift towards clean energy, the company is well-positioned to capitalize on new government incentives and regulatory support aimed at reducing carbon emissions. This stock has recently broken its resistance and formed support, I have taken a target of around 27% using a monthly chart. The company’s recent earnings beat consensus estimates, with a significant increase in renewable energy revenues. This trend is likely to continue as the demand for clean energy rises. Given market volatility, position sizing should be managed carefully. Aim to risk only 1-2% of your total portfolio on this trade to align with sound risk management practices.
TSX:POWLong
by fatehgarhiaharman