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Buzz on the Bullboards: Show Me The Money!


Stockhouse Editorial
0 Comments| November 9, 2018

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We decided to do something different in this edition of Buzz on the Bullboards. Instead of focusing on the most active Bullboards at Stockhouse over the last week, we went hunting for the top performing stocks over the past week from each of our seven industry groups.

Cannabis

The best performing cannabis stock from October 31 – November 6 (and tied for best overall performer) is Isodiol International Inc. (CSE: ISOL, OTCQB: ISOLF, Forum) – up 66%. While shareholders will be pleased with this move, as the chart below indicates (and as longer term shareholders can attest), this rise qualifies as nothing more than “a relief rally”.

BuzzNov9_ISOL1yr-(2).jpg
(click to enlarge)

Isodiol took one of the biggest tumbles among cannabis stocks from its peak at the end of 2017 to the present. Neutral spectators might suggest that both the previous run-up in share price and subsequent sell-off were excessive. Cannabis investors looking for value after a general pullback in this sector may want to take a second look at ISOL. This is a very active company and Isodiol has put out several pieces of recent news.

Technology

The other leader among the top performing stocks from the past week is Healthspace Data Systems Ltd. (CSE: HS, OTCQB: HDSLF, Forum), another 66% gainer. Again, as with Isodiol, this is a stock (and company) that has taken it on the chin after posting sharp gains at the end of 2017.

BuzzNov9_HS1yr.jpg
(click to enlarge)

Once more, value investors may smell opportunity here. The recent rise in share price was fueled by news of a new, five-year U.S. contract, and Stockhouse’s stock-hounds may want to do some additional due diligence.

Industrials

The best performing industrials stock (and 3rd best industry leader) over the past week is: Canada Jetlines Ltd. (TSX: V.JET, OTCQB: JETMF, Forum), jumping by 33%. Yet another “comeback story”, but the optics are somewhat different with JET.

BuzzNov9_JET-(4).jpg
(click to enlarge)

Canada Jetlines didn’t fall quite as hard as the first two leading gainers. This is another company that has been putting out positive news in recent days. Once again, investors need to decide for themselves whether recent gains are fully pricing in JET’s fundamentals or whether there may be additional room for this company to run.

Healthcare

In 4th spot among our biggest gainers is the leading healthcare company: Preveceutical Medical Inc. (CSE: PREV, OTCQB: PRVCF, Forum), up 26%. The past year has been a rollercoaster ride for PREV (and its shareholders), but this is true of even some of the best-known blue-chip stocks. More recently, the market likes what it has been seeing from Preveceutical.

BuzzNov9_PREV1yr-(1).jpg
(click to enlarge)

This is another active small-cap. Among recent news releases is an announcement from November 5, 2018 that the company has made additional progress in cannabis extraction with respect to PREV’s joint venture with Aurora Cannabis Inc (TSX: ACB).

Blockchain

The top blockchain stock over the past week was DataMetrex AI Ltd. (TSX: V.DM, OTCQB: DTMXF, Forum), rising 25% -- 5th best among our seven groups. DM and its shareholders have experienced a sharp sell-off since (you guessed it) surging to a peak at the end of 2017.

BuzzNov9_DM1yr.jpg
(click to enlarge)

Again, this is a company whose recent gains have been fueled by positive news, in this case, a new public listing for a sister company. More experienced investors will note that the recent surge in share price is on big volume.

Resources

The resource sector supplies our 6th best group leader. Top resource stock, Royal Nickel Corp. (TSX: RNX, OTCQB: RNKLF, Forum), is up 16% in the past week. Experienced mining investors will recognize that name, as will regular readers of Buzz on the Bullboards, since the RNX Bullboard has frequently topped the leaders among most active resource Bullboards.

BuzzNov9_RNX1yr.jpg
(click to enlarge)

Finally, investors see a clear success story. Royal Nickel (despite its name) has made a lot of money for its shareholders in 2018 on the back of what could be a major gold discovery – at its Beta Hunt Gold Mine in Western Australia. While RNX has given back some of its gains since spiking in September, it will remain popular with gold mining investors, and other investors who follow the general mantra that “you keep your winners and sell your losers”.

Energy

Last but not least among our industry leaders is the best performing energy stock, Valeura Energy Inc. (TSX: VLE, OTCQB: PNWRF, Forum). While VLE is only up 10.5% over the weekly period we measured, the real story here is seen via a longer term chart.

BuzzNov9_VLE-(1).jpg
(click to enlarge)

The energy sector has been a tough place to make money in recent years, for energy companies and shareholders alike. Despite these adverse conditions, Valeura has turned in an impressive performance: generating gains for investors in 2017 – and hanging onto most of those gains while many peers have sagged.

With volatility higher in recent weeks, there were two reasons for showing Stockhouse investors some of the recent winners in markets. First, it highlights the fact that even in difficult conditions, some small-cap companies can still manage to generate strong returns. Secondly, the biggest gainers may not necessarily come in the hottest sectors – so investors need to keep their eyes open all around them for opportunities.

That’s where Stockhouse enters the picture. With Canada’s largest Community of small-cap investors, by networking on the Bullboards, retail investors can do a much better job of staying abreast of these opportunities.

Did readers find this week’s edition of Buzz on the Bullboards of interest? Do you prefer our focus from some previous edition? Are there other things you would like to see at Stockhouse, either in “Buzz” or (perhaps) some different feature article?

If so, please leave a comment below. This is your Community and we want to bring you the information, sectors, and companies that matter most to you.

Turning to our Stockhouse Investor Pulse Poll, here is the response to the last question we posed to Stockhouse investors:

Click to enlarge

Next in our Investor Pulse Polls is a question that fits right in with this week’s edition of Buzz on the Bullboards:

Where have you earned your best returns in 2018, to date?

  1. Cannabis
  2. Resource stocks
  3. Tech
  4. Healthcare
  5. Energy
  6. Blockchain/cryptocurrencies
  7. Industrials


Stockhouse: your destination for market news and information, networking with other investors, and keeping your finger on the “pulse” of Canadian markets.



FULL DISCLOSURE: Preveceutical Medical Inc. and Graph Blockchain are paid clients of Stockhouse Publishing.




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