Stock Talk Podcast Episode 49
August 17, 201813m 12s
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Show Notes
This week in our Your Stock, Our Take segment we look at Mogo Finance Technology Inc. (MOGO:TSX), an independent consumer fintech small-cap that boasts a suite of innovative financial products providing solutions to help manage and improve financial health. After a solid Q2 a listener asks us if the turnaround is on and whether it is a BUY, SELL, or HOLD. Our Star of the week is Canopy Growth Corporation (WEED:TSX), a diversified cannabis and hemp company, offering distinct brands and curated cannabis varieties in dried, oil and Softgel capsule forms. The stock jumped 30% Wednesday morning following the announcement that beverage giant Constellation Brands (STZ:NYSE) returned to invest another $4 billion in the marijuana giant, bringing its total stake from 9.9% to 38%. Finally, our Dog of the week is AutoCanada Inc. (ACQ:TSX) - engaged in the operation of franchised automobile dealerships. The stock dropped 20% late last week after announcing weaker-than-expected Q2 results. Year-to-date, the stock has dropped 49%. Is it a Dog or an opportunity?