-- Short sellers are targeting Canada’s biggest publicly traded airline as investors expect rising operational costs and weaker post-pandemic consumer demand to weigh on growth.Zelenskiy Challenges Trump to Reveal Plans for Ending War
Investors are forecasting a challenging travel season for airlines, with a lack of available aircraft and materials to make them as well as elevated inflation threatening to keep passengers away. While higher interest rates have brought inflation closer to its 2% target, headline inflation quickened to 2.9% in May, up from the 2.7% a month earlier.
“The domestic market is the biggest and most profitable market for Air Canada,” Duflot said. “Everybody is growing, and airlines are really sensitive to this kind of competition and pressure.” TFSA investors can consider holding quality growth stocks such as Propel Holdings right now and derive outsized gains in the next five years. The post 2 Canadian Growth Stocks I’d Stash in a TFSA for the Long Run appeared first on The Motley Fool Canada."These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.TD and Enbridge look cheap right now.
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