asbz Why Canada Goose (TSX:GOOS) Is Still a Buy

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Little-known cryptocurrency payment processor Banxa Holdings TSXV:BNXA had a fabulous day yesterday. The stock was up 24% at one point stanley canada . It ended the trading day 12.7% higher than the day before. Trading volume spiked, as investors added tens of millions to the company s market value.聽This rally was despite the fact that most other tech stocks were plunging yesterday. Sentiment in the sector still rema stanley cups ins gloomy, which is why this surge in Banxa stock came as a surprise. Here are three reasons why the company s market value soared yesterday.What h stanley cup appened Banxa s fortune is tied to the cryptocurrency sector. The company helps the world s biggest crypto exchanges and service providers accept payments from clients using fiat. Banxa handles all the compliance Know Your Customer, Anti-Money Laundering, etc. to allow giants like Binance, Ledger, and Abra to accept payments.This is why the industry s trading volume is a key indicator of Banxa s growth. More adoption and bigger transactions Jojw An Overlooked Dividend Stock in the TSX Index With Big Upside Potential
Although we don ;t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes just in case they ;re material to our investing thesis.What: Shares of natural resource private equity firm Sprott Resource TSX: SCP plummeted 18% today after its quarterly results disappointed Bay Street.So what: The stock has slumped in 2013 on depressed precious metals prices, and today Q2 results net loss of $43.4 million with a fair value decrease of $27.3 million in its physi stanley becher cal gold bullion holdings suggest that the headwinds aren ;t letting up anytime soon. In fact, the Board of Directo stanley cup rs elected to cancel its dividend policy and cease paying monthly dividends in order to preserve capital, forcing its dividend-oriented investors to head for the exits.Now what: Expect the stock to remain pressured in the short run. We are bullish on gold over the long term, but recognize that i stanley cup quencher f the resource markets c