Apply for Neo Card (Get $50): Join My Patreon: Sign-Up to INVRS (FREE): Follow me on Instagram (nickpeitschinvesting): In this video, I share 3 popular Canadian TSX stocks that I will NOT be buying! All 3 of these Canadian stocks are far more expensive than they appear, despite some of them being great dividend stocks -- and there are several factors that will negatively impact these stocks and their earnings in the near future. The 3 stocks I discuss today are Telus stock (T.TO), Air Canada stock (AC.TO), and Fortis stock (FTS.TO). Why should you AVOID these stocks now? Watch to find out! Get 2 FREE Stocks When You Sign Up with Wealthsimple Trade: Get $10 for FREE When You Sign Up with Wealthsimple Cash: Get $30 for FREE When You Sign Up with EQ Bank and Deposit $100: Get $25 for FREE When You Open a Questrade Account & Deposit $1,000: Investing Books I Recommend Reading: 1. One Up On Wall Street - Peter Lynch: 2. The Intelligent Investor - Benjamin Graham: 3. Rich Dad Poor Dad - Robert Kiyosaki: 4. The Book on Rental Property Investing - Brandon Turner: WATCH NEXT: Tesla's 7 HUGE Moats: How Many Shares to Retire on TESLA Stock: How Many Shares to Retire on AMAZON Stock: How Many Shares to Retire on GOOGLE Stock: DISCLAIMER: I am not a financial advisor. I create these videos for educational and entertainment purposes only. Before investing, make sure you perform your own research and understand all risks involved! Please note that some links contained within this video are affiliate links, which means I may receive a commission on any products or services sold. Cheers, Nick Peitsch #investing #stocks #canada...(read more)
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Inflation is an economic phenomenon that refers to the sustained increase in the general price level of goods and services in an economy over time. In recent years, the Canadian economy has experienced a steady increase in inflation, currently standing at a 10-year high of 3.7%. This inflationary trend has had a significant impact on many Canadian stocks, especially those in sectors such as consumer goods, energy, and real estate. These stocks have not only experienced a decline in their market value but also face mounting operational challenges as the cost of doing business continues to rise. Here are three Canadian stocks that have been significantly impacted by inflationary pressures: 1. Loblaw Companies Limited Loblaw Companies Limited is the largest Canadian grocery retailer, operating over 2,000 stores across the country. The company has been hit hard by the increase in inflation, as the cost of food and other essential items has risen significantly. Loblaw has been forced to absorb these costs or pass them on to consumers, which has led to a decline in sales and reduced profitability. 2. Canadian Natural Resources Limited Canadian Natural Resources Limited is one of the largest energy producers in the country, with operations in the oil sands, natural gas, and refining sectors. The company has faced significant operational challenges due to the increase in inflation, as the cost of oil, gas, and other energy inputs has sharply risen. Canadian Natural Resources has been forced to cut back on production, reduce operational costs, and defer investment in new projects. 3. Brookfield Property Partners LP Brookfield Property Partners LP is a real estate investment trust that owns and operates a portfolio of commercial properties, including office and retail space. The company has been hit hard by the increase in inflation, as the cost of construction, leasing, and maintenance has risen significantly. Brookfield Property Partners has been forced to reduce occupancy rates, cut back on new developments, and restructure its existing properties to remain profitable. In conclusion, inflation is a significant challenge for Canadian companies across many sectors, and the impact can be felt by both the companies and their investors. The ongoing rise in inflation continues to pose risk and uncertainty in the Canadian economy, making investment in stocks a tricky affair. Nonetheless, careful analysis and risk assessment can help investors identify and take advantage of the opportunities available in the market. https://inflationprotection.org/these-3-canadian-stocks-are-being-devastated-by-inflation/?feed_id=84603&_unique_id=642ca4355d060 #Inflation #Retirement #GoldIRA #Wealth #Investing #acstock #aircanada #aircanadastock #bankstockstobuy #beststocktobuy #beststockstobuynow #canadianbankstocks #canadianbanks #canadiandividendstocks #canadiandividends #canadianstocks #canadianstockstobuy #dividendstocks #dividendstockstobuy #fortis #fortisstock #ftsstock #inflation #investing #stockmarket #stockstobuy #stockstobuy2022 #stockstobuyincanada #tstock #telus #telusstock #undervaluedstocks #undervaluedstockstobuy #InvestDuringInflation #acstock #aircanada #aircanadastock #bankstockstobuy #beststocktobuy #beststockstobuynow #canadianbankstocks #canadianbanks #canadiandividendstocks #canadiandividends #canadianstocks #canadianstockstobuy #dividendstocks #dividendstockstobuy #fortis #fortisstock #ftsstock #inflation #investing #stockmarket #stockstobuy #stockstobuy2022 #stockstobuyincanada #tstock #telus #telusstock #undervaluedstocks #undervaluedstockstobuy
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