With the advent of low- to no-commission trading, the penalty for nibbling on just a few shares of a company has fallen drastically.
That said, it could take some time before the big Canadian banks jump aboard to zero-commission bandwagon, because there’s still ample commission to be raked in on this side of the border.
If you don’t pay commissions on your trades, then the penalties for buying a few shares with an extra $100 or so have essentially been eliminated.
With its bountiful relationship with Alimentation Couche-Tard, which recently exercised its Fire & Flower warrants, though, I think the Canadian pot retailer is about to light up in a big way.
It’s tough to garner a competitive edge, unless, of course, a retailer joins forces with a behemoth with deep-enough pockets and enough retail expertise to lend a helping hand.
That leaves StorageVault with a pretty long growth runway compared to many of its peers to the south that are stalwarts in a mature and saturated market.
People are working from home in their new suburban homes now, but once it’s time to return to the office, I’d look for the “densification” trend to intensify once again.
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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor.