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Stock of Kinaxis, TSX:KXS Jumped 14% Last week

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Kinaxis (TSX:KXS) is an Ottawa-based company that provides cloud-based subscription software for supply chain operations in Canada, the United States, and around the world. Today, I want to discuss why this tech stock has gained momentum in late June. Is it worth snatching up in the early part of the summer? Let’s jump in. How has this tech stock performed so far in 2022? Shares of Kinaxis have shot up 14% week over week as of close on June 24. North American markets enjoyed a significant rebound after a brutal stretch in the previous week. Despite its recent bump, this tech stock is still down 15% so far in 2022. In the 2020 market correction, Kinaxis stood out, as it was able to defy the bear market — at least in the early stages. The COVID-19 pandemic sent off shockwaves for domestic and global supply chains. We are still feeling those effects today. That has put attention on this tech stock, as it offers a revolutionary software service in this space. Last week, the com...

The Inflation Rate Rises to 7.7%: Here's a Dividend Stock You Can Buy Now

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Inflation numbers came in hotter than expected at an unprecedented 7.7%, marking another new high not seen in decades. Undoubtedly, many Canadians are feeling on edge over the recent price increases. Food and gas prices have taken off, and the Bank of Canada (BoC) — Canada’s central bank — seems to be not only behind the curve but asleep at the wheel, having fallen behind the U.S. Federal Reserve. Indeed, the BoC could follow the Fed next month with a triple (75 bps) rate hike. But I’d argue that a full (150 bps) hike or more is in order, given the Fed is likeliest to deliver yet another triple hike in July. It’s a bad situation to be in for Canadians, many of whom already struggle with high costs of living. Indeed, inflation probably wouldn’t be flirting with 8% had the BoC dealt with the problem last year, rather than letting inflation run free. Undoubtedly, it can be hard to put inflation away once it’s let out. That’s why many folks refer to inflation as a genie. It can sta...

How business brokers are different from investment bankers

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Robert Hirsch talks about a question that Freedom Factory gets quite often. The question is, "what's the difference between a broker and an investment banker?" Most entrepreneurs don't know the difference. The first time Robert sold a business, he used an investment banker. Robert then became a business broker because the whole situation could have gone better. He learned that business brokers focus on selling businesses, primarily entrepreneurial businesses, and sometimes they sell it to other entrepreneurs. Business brokers are focused on helping entrepreneurs get the maximum value of their business. Why Use a Business Broker Instead of an Investment Banker You might also like: How to Prepare Your Business To Sell Who is Freedom Factory Freedom Factory is Helping Fellow Entrepreneurs With The Biggest Deal Of Their Life At Freedom Factory®, we have experienced and witnessed the explosive results of entrepreneurs aligning passion and purpose to create extraordin...

How to get other people's money for a business purchase

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Robert Hirsch from Freedom Factory talks about a question that they get asked quite often, which is, how do I pay for a business? Now after doing this almost exclusively for 20 years, all you do is see these deals go through. And what looks normal to him is really different compared to other fellow entrepreneurs. Watch the Video Below or Listen to the Podcast You might also like: How to Turn Your Job Into a Machine - Cryptocurrency Part I Who is Freedom Factory Freedom Factory is Helping Fellow Entrepreneurs With The Biggest Deal Of Their Life At Freedom Factory®, we have experienced and witnessed the explosive results of entrepreneurs aligning passion and purpose to create extraordinary value. However, most entrepreneurs have no idea how to maximize the value of their business and move on to the next chapter of their lives. That’s where we can help. Freedom Factory® has radically disrupted the way high-growth, lifestyle companies are bought and sold, which historically was a hor...

2 TSX Energie Stocks to Get Before They Heat Back Up

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TSX energy stocks slumped over the past week, with oil pulling back from around US$120 per barrel to the US$110 range. Indeed, many high-flying oil stocks corrected by at least 10% in response. Though oil prices are at multi-year highs, I’d argue that there’s a strong case that oil can hold its own above the US$100 mark until the Ukraine-Russia crisis comes to a peaceful conclusion. Should oil stay at such heights over the next 18 months, the windfall for many top producers may yet to be fully factored into the share price at this juncture. Although energy stocks accompany considerable risks in the event that oil experiences a blow-off top, the risk/reward scenario seems good for the average portfolio that’s underweight Canadian energy stocks. At the end of the day, commodity plays are a great portfolio diversifier and can help investors navigate this unforgiving bear market. Of course, in the worst bear markets, investors should not expect energy or any other sector to act as a sa...

Bargain Hunters, These 3 Stable Stocks Don't Pay Too Much to Neglect

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Motley Fool investors may be ignoring some significant opportunities on the TSX today. Sure, the market is down. But let’s be honest; this happens again and again over the decades. It’s something we should always be prepared for. And the best time to be prepared is to always start right now. When it comes to the stock market, the old line is, it’s not timing the market, but time in the market. So, the best time to get in is always immediately. But don’t just jump in on any stock. Instead, consider these three stable stocks that offer considerable value. BRP BRP (TSX:DOO)(NASDAQ:DOOO) continues to be a strong value play for those seeking stable stocks during this market correction. The recreational vehicle manufacturer saw shares drop during its quarterly earnings report, yet analysts believe the drop was far overblown. It released stronger-than-anticipated results, even amid supply-chain issues. Even with all this, the company should continue growing its earnings per share th...

Energy investing: What every Canadian should know

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Investors’ appetite for energy stocks is cyclical – and energy is facing relentless demand these days now that supply is less certain. Should you get in on what we think could be a multiyear energy boom? Here’s what savvy Canadian investors need to know about energy investing today, straight from Motley Fool Hidden Gems advisor Jim Gillies. Why is there an energy supply crunch in the market today?  Well, it’s people! The global population continues to grow, and energy needs are struggling to keep up with demand. And the world needs a lot of energy … as we come out of the pandemic, as we keep adding people to our global population, as we keep having people wanting lifestyles more like what we enjoy in the West, which are inherently higher energy-consumptive. We have found ourselves with record worldwide demand. To put that into numbers, global demand is about 175,000 terawatt hours per year. What this means is worldwide energy demand would be like powering 16.5 billi...