
In an episode of contrasts, we first look to the skies. With major defense and satellite contracts in the news, Jon Brown explores Telesat (TSX: TSAT), a Canadian-based global leader in satellite communications, and asks if a recent dip in its stock price presents a buying opportunity.
Then, we come back down to earth to analyze the tough Canadian cannabis market. Trevor Abes bypasses the big-name losers and instead uses Canndara Cannabis Inc. (CSE: CANB) as a case study. He explains what makes this small operator so profitable and why, due to a pending acquisition, it serves as a "blueprint" for what investors should look for in the sector, rather than a direct buy.
This Episode's Picks:
Telesat (TSX: TSAT): A global satellite operator with a next-generation Low Earth Orbit (LEO) network. Despite a recent dip in price, the stock is up 120% year-over-year, presenting a potential entry point for investors.
CASE STUDY: Canndara Cannabis Inc. (CSE: CANB): A highly efficient and profitable cannabis company focused on concentrates. Note: Canndara is currently under a binding offer to be acquired by Simply Solventless Concentrates (CSE: HASH). This segment analyzes why Canndara is successful as a model for future investments.
Topics Discussed:
- The global satellite communications industry and Low Earth Orbit (LEO) networks.
- How to analyze a stock dip in the context of long-term growth.
- Why most Canadian cannabis companies are unprofitable.
- Identifying key metrics for success in the cannabis sector.
- Analyzing a pending acquisition and its impact on retail investors.
Further Reading & Resources:
- ADN Telecom signs multi-year Telesat Lightspeed partnership agreement
- Top 5 cannabis stocks with operations in Canada
- This week’s picks: TSX:TSAT | TSXV:CANB
Follow The Podcast:
Disclaimer: The material provided in this podcast is for information only and should not be treated as investment advice. For full disclaimer information, please visit themarketonline.ca/disclaimer.
No comments yet. Be the first to say something!