Author: SmartStocks.ca Staff
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Is CoreWeave the Next Nvidia?
AI stock CoreWeave (NASDAQ:CRWV) went public earlier this year and it has been a red-hot buy ever since. Should you invest in the stock, could it be the next Nvidia? Let’s dive in and take a closer look at the business and its fundamentals. First, let’s start with a couple of obvious questions you might Read more
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Dollarama Stock at All-Time Highs: Is It Too Late to Buy?
Dollarama (TSX:DOL) continues to stand out as one of the top-performing growth stocks on the TSX. Over the last five years, its share price has surged by an impressive 300%. Despite ongoing concerns around tariffs and broader economic uncertainty, the stock has climbed nearly 40% since the start of the year, demonstrating notable resilience. The Read more
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RBC Leans on HSBC Acquisition and Wealth Division for Q2 Profit Boost
Here are the Key Numbers From the Earnings Report: Royal Bank of Canada (TSX:RY)(NYSE:RY) reported a stronger second quarter as its landmark $13.5 billion acquisition of HSBC Canada added scale and profitability, while its wealth management arm posted solid growth. Adjusted profit rose to $4.53 billion, or $3.12 per share, from $4.2 billion, or $2.92 Read more
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Canadian Tire Acquires Hudson’s Bay IP in $30M Deal as Iconic Retailer Nears Closure
A Canadian Legacy Changes Hands Hudson’s Bay Co., one of the world’s oldest retailers, is approaching its final chapter. After entering creditor protection in March, the 355-year-old company has begun liquidating its assets, including its well-known branding. On Thursday, Canadian Tire announced a $30 million agreement to acquire Hudson’s Bay’s intellectual property, including trademarks, logos, Read more
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Suncor Delivers Record Operational Q1 Despite Dip in Adjusted Earnings
Operational Milestones Hit New Highs Suncor Energy Inc. (TSX:SU)(NYSE:SU) started 2025 with a quarter marked by exceptional operational strength across its integrated business. The company delivered record first-quarter oil production of 853,000 barrels per day, while refining throughput reached 483,000 barrels per day—both all-time Q1 highs. Refined product sales also set a quarterly record at Read more
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Enbridge Posts Strong Q1 Results, Reaffirms 2025 Outlook Amid Strategic Expansion
Enbridge Inc. (TSX: ENB)(NYSE:ENB) delivered a strong start to 2025, reporting record first-quarter financial results driven by robust throughput across its pipeline network and continued momentum from recent acquisitions. GAAP earnings surged to $2.3 billion or $1.04 per share, up from $1.4 billion or $0.67 in Q1 2024. Adjusted EBITDA grew 18% to $5.8 billion, Read more
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Fortis Delivers Solid Q1 as Regulated Growth Drives Earnings
Canadian utility giant Fortis Inc. (TSX:FTS)(NYSE:FTS) reported its first-quarter earnings on May 7. It was a robust start to 2025, with the company’s net earnings rising to $499 million, or $1.00 per share, up from $459 million, or $0.93 per share, a year ago. The gain was fueled by organic rate base growth across its Read more
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RioCan REIT Reports Solid Q1 2025 Results Amid Economic Volatility and HBC Headwinds
RioCan Real Estate Investment Trust (TSX:REI.UN) reported its latest earnings numbers on Monday, delivering strong operational and leasing performance in the first quarter of 2025, supported by robust demand for necessity-based retail and steady progress in its residential strategy, despite macroeconomic headwinds and the impact of Hudson’s Bay Company’s (HBC) CCAA filing. Here are the Read more
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Canadian Pacific Kansas City Boosts Dividend by 20% Amid Long-Term Growth Strategy
Dividend Hike Reflects Strength and Stability Canadian Pacific Kansas City Limited (TSX:CP)(NYSE:CP) gave dividend-focused investors something to cheer about recently with a 20% increase to its quarterly payout. Effective April 29, the dividend rises from $0.19 to $0.228 per share, translating to $0.912 annually and a forward yield of approximately 0.9%. The move reflects strong Read more
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TC Energy Delivers Steady Q1 with Project Milestones and Pipeline Expansion
On May 1, TC Energy (TSX:TRP)(NYSE: TRP) reported its Q1 2025 numbers, for the period ending March 31. Its comparable earnings per share totaled $0.95, which were down slightly from $1.02 in the prior-year period, amid a stable operating environment. Net income remained essentially flat at $1.0 billion, supported by record-setting pipeline throughput across its Read more