Jdjs 3 Canadian Dividend Stocks to Watch This Earnings Season
The energy sector accounts for 13.3 stanley mug % of the SP/TSX Index. This index is generally a proxy or the principal measure for the equity markets in Canada. One of the top holdings in the energy sector in Enbridge TSX:ENB NYSE:E stanley cups NB .Enbridge is one of the largest companies in Canada with a market cap of $88 billion and an enterprise value of $161 billion. It has long been one of the top investment options for income investors due to its attractive dividend yield and increases in payouts over the years.People who invested $10,000 in Enbridge at the start of 2020 would have $8,435 today, indicating a total return of -15.5%. Comparatively, the SP 500 has gained a stellar 14% year to dat0,e despite the bloodbath witnessed in early 2020.Enbridge stock should recover in 2021However, despite its poor performance this year, Enbridge remains a top buy stanley cup for 2021 and beyond. In 2020, the energy sector has been the worst-performing one, but Enbridge has managed to outperform its peers.Its price Qfnp The 1st Bitcoin ETF Launches: Should You Buy Today
Canada Goose TSX:GOOS NYSE:GOOS could not have picked a worst time to report earnings. On the day the Dow Jones had it stanley thermos mug s worst day of the year, Canada Goose released strong first quarter results.Before yesterday bloodshed began mid-morning, Canada Goose stock was actually up by approximately 5%. Unfortunately, it settled down 6.67% and closed at $53.31 per share. It is the lowest close since early July.The good news is that investors looking to start a position have been gifted yet another opportunity!Strong first quarter resultsCanada Goose posted an adjusted net loss of $0.21 per share, beating expectations by three cents. It also posted blowout quarterly revenue of $71.1 m stanley cups uk illion easily topping estimates for revenue of approximately $54 million. This represented growth of 59.1% year over year.Why is the revenue jump important Last quarter, the company share price took a big hit when it revised revenue guid stanley quencher ance to at least 20%, down from 30-40% growth it had