Peter Hodson: In the hopes of enjoying a nice, quiet and profitable summer, I offer these summer stock ideas
on five summer-themed stocks you could buy and then sit back relaxing at the cottage. The stocks were Trex Co. Inc. , Transcontinental Inc.. , Andrew Peller Ltd. , Polaris Industries Inc. and Cedar Fair LP . I am happy to say that, eight years later,five stocks are up, and the average gain was an impressive 340 per cent. Sure, that average was largely helped by giant gains by Trex, but, hey, that’s why investors should diversify.
In the hopes of enjoying a nice, quiet and profitable summer, I will offer some more summer stock ideas. Personally, I would be fine keeping the original five, but my editor would probably accuse me of rehashing eight-year-old material, so let’s present Five More Completely New Summer Time Stock Ideas .is best known for its online gambling sites and its acquisition of Canadian poker giant Stars Group Inc. But the summer call is based on its interest in FanDuel Group.
I chose a wine company in my last summer picks. This time around, I’m thinking about all the parties you are going to go to this summer. Many people might try to make up for 16 lost months and perhaps do a littleCelsius Holdings Inc. , which makes so-called healthier energy drinks. The trend to health has really helped sales, and Celsius is now a US$5-billion company with US$300 million in sales expected next year. Its stock has been on fire, up 600 per cent in a year, but an expensive growth stock has never really scared us off before. Besides, sales rose 77 per cent in the first quarter this year.
One thing I’ve noticed in the pandemic is that after a brief flurry of baking bread, everyone started working on their gardens., a maker of lawn and garden products such as pest controls, should benefit nicely from this continued trend. Earnings per share are expected to grow more than 25 per cent this year. It’s a US$11-billion company with a dividend yield of 1.2 per cent.
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