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March 29, 2025

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Nvidia Corp (NASDAQ: NVDA) is failing to deliver the kind of returns that investors have come to expect of it in recent years. Year-to-date, the AI darling is down nearly 25% at the time of writing.

But there are other large-cap names that have significantly outperformed NVDA since the start of 2025, but have further room to the upside, according to Victoria Greene.

She’s the chief investment officer at G Squared Private Wealth.

Three of such names that she likes in particular are: Walmart, Altria, and Netflix Inc. Here’s what each of these have in store for investors this year.

Walmart Inc (NYSE: WMT)

Greene is bullish on Walmart stock even though the retail behemoth issued muted guidance in February.

In fact, she sees the Bentonville headquartered firm as “a great place to hide out” from the new tariffs environment and the related economic uncertainty.

The G Squared expert agreed that WMT shares could consolidate for a while around the current levels, but said they’ll eventually claw their way back to over $100.

She’s projecting a more than 20% upside in Walmart stock from here as “if anybody is going to weather tariffs, it’s going to be WMT.”   

Plus, Walmart is a dividend stock that currently yields of 1.10% as well, which makes it all the more exciting to own in 2025.

Altria Inc (NYSE: MO)

Greene recommends loading up on Altria stock at current levels as she believes in its commitment to becoming more than a tobacco company.

“It wants to be everything to help stimulate you, calm you, relax you,” she told CNBC in an interview this week.

The chief investment officer finds MO shares attractive since the price-to-earnings multiple tied to them at writing is lower than the broader market.

Greene expects Altria stock to hit $70 by the end of this year that translates to about a 20% upside from here.

Additionally, a rather lucrative 7.0% dividend yield makes MO a must own amidst the rising economic uncertainty.

Netflix Inc (NASDAQ: NFLX)

Netflix has been a star performer amidst the broader rout in US stocks due to continued uncertainty coming out of the White House.

Still, it’s one that could rally the most in the coming months, as per Victoria Greene.

In fact, she sees NFLX as strongly positioned to weather any potential slowdown that may materialise in the back half of 2025.

Even if you’re beginning to have to reduce your budget, you’re going to keep Netflix in there because they’re so good at pricing.

Greene expects Netflix shares to eventually be worth $1,500, which indicates potential for another 50% upside from current levels.

Shares of the streaming giant do not currently pay a dividend, though.  

The post Skip Nvidia: these 3 stocks are set for stronger gains appeared first on Invezz

The US Bureau of Economic Analysis released February personal consumption expenditures (PCE) index data on Friday (March 28). The figures show inflation increased 2.5 percent on an annualized basis in February, aligning with analyst expectations and reflecting no change from the 2.5 percent recorded in January. On a monthly basis, inflation rose by 0.3 percent, also matching January’s increase.

However, core PCE, which excludes the volatile food and energy prices, increased 2.8 percent year-over-year and 0.4 percent month-over-month. Both came in above analyst expectations of 2.7 and 0.3 percent, respectively.

The PCE is the Federal Reserve’s preferred measure for tracking inflation and will be significant when it meets next in May. Combined with recent consumer price index figures, the data indicates progress has stalled in bringing inflation to the Federal Reserve’s 2 percent target rate.

To the north, Statistics Canada released January gross domestic product (GDP) numbers on Friday. The report shows that GDP grew by 0.4 percent in January, up from a 0.3 percent increase in December.

The largest gain was observed in goods-producing industries, which rose 1.1 percent, marking the highest increase since October 2021. As for Canada’s resources, the mining, quarrying and oil and gas extraction sector increased by 1.8 percent during the first month of the year. This increase was driven by a 2.6 percent rise in the oil and gas extraction subsector. However, metal ore mining declined by 1.2 percent.

The agency also provided a brief estimate of February’s GDP numbers, as well as a look at Canada and the US’s metal manufacturing trade. Tariff threats from the United States appear to have kept numbers flat, as preliminary real GDP data is “essentially unchanged in February.” Official data for February will be released on April 30.

Markets and commodities react

In Canada, markets were in the red this week. The S&P/TSX Composite Index (INDEXTSI:OSPTX) fell 1.2 percent during the week to close at 24,759.15 on Friday, the S&P/TSX Venture Composite Index (INDEXTSI:JX) decreased 1.04 percent to 633.63 and the CSE Composite Index (CSE:CSECOMP) dropped 2.43 percent to 121.13.

US equity markets fell even further this week. The S&P 500 (INDEXSP:INX) lost 2.4 percent to close at 5,5680.95, the Nasdaq 100 (INDEXNASDAQ:NDX) dropped 3.79 percent to 19,281.40 and the Dow Jones Industrial Average (INDEXDJX:.DJI) shed 1.41 percent to 41,583.91.

The gold price climbed to fresh all time highs this week gaining 2.02 percent to US$3,084.48 per ounce at 5:00 p.m. EDT Friday. The silver price rose higher with a 3.29 percent increase during the period to US$34.10.

In base metals, the copper price set an all time high of US$5.32 per pound on Wednesday before finishing the week flat to close out Friday at US$5.13 per pound on the COMEX. Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) was up 0.41 percent to close at 560.50.

Top Canadian mining stocks this week

So how did mining stocks perform against this backdrop? We break down this week’s five best-performing Canadian mining stocks below.

Stock data for this article was retrieved at 2:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.

1. Euro Sun Mining (TSX:ESM)

Company Profile

Weekly gain: 53.85 percent
Market cap: C$30.94 million
Share price: C$0.10

Euro Sun Mining is a copper and gold development company focused on advancing its Rovina Valley project in Romania.

The project’s mining license received full approval for 20 years in 2018, with the option to renew it in five-year increments.

An updated feasibility study from March 2022 demonstrated the project’s economics, showing a post-tax net present value of US$512 million and an internal rate of return of 20.5 percent, assuming a base case gold price of US$1,675 per ounce and a copper price of US$3.75 per pound.

Proven and probable mineral reserve estimates for the site show contained quantities of 197,522 metric tons of copper with an average grade of 0.16 percent, along with 1.84 million ounces of gold with an average grade of 0.47 grams per metric ton (g/t) from 123.3 million metric tons of ore.

Although Euro Sun did not release news this week, shares increased alongside a rising copper price.

2. Rackla Metals (TSXV:RAK)

Company Profile

Weekly gain: 50 percent
Market cap: C$22.58 million
Share price: C$0.225

Rackla Metals is a gold exploration company with a significant land package covering 59,000 hectares in the Eastern Yukon and Western Northwest Territories, Canada. The firm is specifically targeting properties within the Tombstone Gold Belt, which hosts a gold system that tends to produce deposits in clusters.

Among its key projects is the Astro plutonic complex in the Northwest Territories, which is in close proximity to significant discoveries at Snowline Gold’s (TSXV:SGD,OTCQB:SNWGF) Rogue plutonic complex and Fireweed Metals’ (TSXV:FWZ,OTCQX:FWEDF) Macmillan Pass project.

Besides Astro, Rackla has been exploring its Grad property, which it initially staked in August 2024. Work at the 4,000 hectare site has focused on anomalies identified in a government regional geochemical survey. In October 2024, the company reported that grab samples from the BiTe zone yielded grades of up to 92 g/t gold in its season-end exploration update.

The company’s latest release came on Tuesday (March 24), when it announced a non-brokered private placement to raise total gross proceeds of C$2.45 million. The company intends to use proceeds to advance work at its Tombstone gold belt properties.

3. Tidewater Renewables (TSX:LCFS)

Company Profile

Weekly gain: 49.55 percent
Market cap: C$112.45 million
Share price: C$3.35

Tidewater Resources is focused on the production of low-carbon fuels from facilities in British Columbia, Canada.

Its sole operation is a renewable diesel and hydrogen complex located near Prince George. The project has a nameplate capacity of 3,000 barrels per day of renewable diesel and 23.7 metric tons per day of hydrogen. The plant began production during Q4 2023 using feedstock that included soybean and canola oil.

The company is expanding the site to produce sustainable aviation fuel, which it plans to start producing in 2028.

On March 6, Tidewater announced that it had advised the Canadian Border Services Agency (CBSA) to initiate an anti-subsidy and anti-dumping duty investigation into imports of renewable diesel from the US. The release indicated that the CBSA confirmed that Tidewater had provided sufficient evidence to support the allegations.

Tidewater expects that additional duties of between C$0.50 and C$0.80 will be applied to renewable diesel imports originating from the US, which would provide increased market stability for Tidewater products.

The company released its financial results for 2024 on Thursday, March 27. In the announcement, the company stated that its renewable diesel and hydrogen complex achieved an average daily throughput of 2,677 barrels per day in the fourth quarter, marking a significant increase from the 1,700 barrels per day throughput in Q4 2023.

4. Titan Mining (TSX:TI)

Company Profile

Weekly gain: 48.28 percent
Market cap: C$57.27 million
Share price: C$0.43

Titan Mining is a critical mineral mining and development company focused on advancing and exploring its zinc and graphite assets in New York, US.

Its Empire State Mines (ESM) zinc operations include ESM 4, which restarted production in January 2018, along with six past-producing mines capable of supplying additional feedstock for its onsite mill.

On January 7, Titan released an updated life of mine plan for its ESM properties, which projected a 35 percent increase in production compared to its previous plan released in 2021. The new plan extends the mine’s operational life to nine years, up from seven, and anticipates the production of 636 million pounds of zinc, increased from 470 million pounds in the prior plan.

In addition to zinc, the company also owns the Kilbourne graphite deposit located 4,000 feet from the existing mill at its Empire Mines operation.

A December 2024 maiden mineral resource estimate demonstrated an open pit inferred resource of 653,000 short tons of contained graphite from 22.42 million short tons of ore with an average grade of 2.91 percent copper.

Titan’s most recent news came on March 20, when it released its full-year 2024 results. In the announcement, the company stated it had achieved the upper end of production guidance with 59.5 million pounds of payable zinc. It also reported C1 cash costs of US$0.91 per payable pound sold, which was below the guidance range of US$0.98 to US$1.02.

5. Supernova Metals (CSE:SUPR)

Weekly gain: 39.71 percent
Market cap: C$14.1 million
Share price: C$0.475

Supernova Metals is an exploration company with rare earth mineral claims in Newfoundland and Labrador, Canada, as well as petroleum interests in Namibia.

Its TT rare earth claims comprise two licenses spanning 825 hectares in central Labrador and are adjacent to Canada Rare Earth’s (TSXV:LL,OTC Pink:RAREF) Two Tom project. The company shared plans to begin exploration in February.

In addition to its TT Claims, the company announced on January 31 that it had successfully completed its acquisition of NamLith Resources. The purchase provides Supernova with an 8.75 percent indirect ownership interest in Block 2712A and petroleum exploration license 107 in Namibia’s offshore Orange Basin.

In a follow-up on February 6, Supernova reported that a NI51-101 technical report is being prepared for the block. The company has since added two senior strategic advisors with experience in the energy industry.

The company has not released any project updates in the past week.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many companies are listed on the TSXV?

As of June 2024, there were 1,630 companies listed on the TSXV, 925 of which were mining companies. Comparatively, the TSX was home to 1,806 companies, with 188 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government, citing authority granted him under a 1978 law.

The order, signed without public fanfare and announced late Thursday, appears to touch most of the federal government. Affected agencies include the Departments of State, Defense, Veterans Affairs, Energy, Health and Human Services, Treasury, Justice and Commerce and the part of Homeland Security responsible for border security.

Police and firefighters will continue to collectively bargain.

Trump said the Civil Service Reform Act of 1978 gives him the authority to end collective bargaining with federal unions in these agencies because of their role in safeguarding national security.

The American Federation of Government Employees, which represents 820,000 federal and D.C. government workers, said late Thursday that it is “preparing immediate legal action and will fight relentlessly to protect our rights, our members, and all working Americans from these unprecedented attacks.”

“President Trump’s latest executive order is a disgraceful and retaliatory attack on the rights of hundreds of thousands of patriotic American civil servants — nearly one-third of whom are veterans — simply because they are members of a union that stands up to his harmful policies,” AFGE National President Everett Kelley said.

AFL-CIO President Liz Shuler said in a statement, “It’s clear that this order is punishment for unions who are leading the fight against the administration’s illegal actions in court — and a blatant attempt to silence us.” She also vowed, “We will fight this outrageous attack on our members with every fiber of our collective being.”

The announcement builds on previous moves by the Trump administration to erode collective bargaining rights in the government.

Earlier this month, DHS said it was ending the collective bargaining agreement with the tens of thousands of frontline employees at the Transportation Security Administration. The TSA union called it an “unprovoked attack” and vowed to fight it.

A White House fact sheet on Thursday’s announcement says that “Certain Federal unions have declared war on President Trump’s agenda” and that Trump “refuses to let union obstruction interfere with his efforts to protect Americans and our national interests.”

“President Trump supports constructive partnerships with unions who work with him; he will not tolerate mass obstruction that jeopardizes his ability to manage agencies with vital national security missions,” the White House said.

This post appeared first on NBC NEWS

President Donald Trump promised that ‘bad things’ would happen to Iran if the regime does not come to the table for nuclear negotiations. 

‘My big preference is that we work it out with Iran, but if we don’t work it out, bad things are gonna happen to Iran,’ the president said Friday. 

Iran is enriching uranium to 60%, just shy of the 90% weapons-grade. Experts say it could have a nuclear weapon within weeks if it were to take the final steps to building one. 

In response to U.S. sanctions threats, Iran showed off a sprawling underground tunnel system replete with missiles, launchers, engines and other advanced weapons. 

A video released this week by state media shows two Iranian military leaders, Chief of Staff of the Armed Forces Major General Mohammad Hossein Bagheri and IRGC Aerospace Force Commander Amir Ali Hajizadeh, riding in a vehicle through long, weapons-packed tunnels that Tehran has dubbed ‘Missile City.’ 

The 85-second clip, which has not been independently verified, is set to menacing music and suggests that the Iranian Revolutionary Guard Corps stands ready to respond to threats of an attack from the U.S. and Israel. 

‘Iran’s ballistic missile force remains the largest in the Middle East,’ said Behnam Taleblu, fellow at the Foundation for Defense of Democracies. ‘This is all part of the regime’s deterrent strategy to cement the idea of any conflict with Tehran being a costly and protracted one.’ 

The move comes as U.S. is bolstering its forces in the Middle East. Secretary of Defense Pete Hegseth recently sent a second aircraft carrier, the U.S. Navy’s USS Carl Vinson, to join the USS Harry S. Truman‘s carrier strike group, whose deployment was also extended. 

The U.S. also recently deployed two B-2 stealth bombers to the Diego Garcia base in the Indian Ocean, a warning to Iran and Yemen’s Houthi militia. The planes are capable of carrying 30,000-pound ‘bunker buster’ bombs and are now situated within range of Iran. 

Weeks ago, Trump wrote a letter to Iran urging the regime to engage in talks on its nuclear program. 

Kamal Kharazi, the top foreign policy adviser to Iran’s supreme leader, Ayatollah Ali Khamenei, said on Thursday that the regime would engage in ‘indirect’ talks, according to local news reports.

‘The Islamic Republic has not closed all the doors and is willing to begin indirect negotiations with the United States.’ 

‘Our policy is to not negotiate directly while there is maximum pressure policy and threats of military strikes,’ foreign minister Abbas Aragchi explained. ‘But indirect negotiations can take place as they have in the past.’

If talks falter, the U.S. and Israel have floated the possibility of targeted strikes on underground nuclear facilities. 

In recent weeks, the Trump administration launched a series of offensive attacks on the Houthis in Yemen to send a message to Tehran, which supports them. 

‘Let nobody be fooled! The hundreds of attacks being made by Houthi, the sinister mobsters and thugs based in Yemen, who are hated by the Yemeni people, all emanate from, and are created by, IRAN,’ Trump wrote on Truth Social at the time. 

‘Iran has played ‘the innocent victim’ of rogue terrorists from which they’ve lost control, but they haven’t lost control,’ he continued. ‘They’re dictating every move, giving them the weapons, supplying them with money and highly sophisticated Military equipment, and even, so-called, ‘Intelligence.” 

This post appeared first on FOX NEWS