GREY:XEBEQ - Post by User
Post by
ZouZS3on Dec 27, 2020 2:51pm
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Post# 32185613
Got Cash to Invest? MOTLEY Fool
Got Cash to Invest? MOTLEY Fool
TSX growth stock A value stock like Corus can provide superior returns in 2021. However, one TSX stock that could be even more rewarding for shareholders is Xebec Adsorption Inc (TSXV:XBC). Xebec Adsorption is a clean technology company. The business produces industrial equipment that filters and purifies raw gasses, then transforms them into renewable natural gas or hydrogen. Technology like this is groundbreaking, especially at a time when companies are being strongly incentivized to have cleaner business operations. Traditional green energy companies offer investors incredible growth potential over the next few decades. However, cleantech stocks like Xebec offer considerably more potential. The company is expected to see a significant increase in demand for its products over the coming years, which is why its no surprise the TSX stock is up more than 265% so far in 2020. Despite this growth, Xebec is still a relatively small business. It has a market cap of just $840 million and still trades on the Venture Exchange, giving it a tonne of growth potential when it inevitably graduates to the TSX. Plus, with its rapidly growing services business, and the new hydrogen technology acquisition it recently made, investors cant get enough of Xebec. Thats why its one of the top TSX stocks to buy when the market opens Monday. Bottom line There are a tonne of high-quality TSX stocks to invest in going forward. However, theres no question these two will be some of the top performers in 2021. https://www.fool.ca/2020/12/27/got-cash-to-invest-2-tsx-stocks-to-buy-when-the-market-opens-monday/