The Wise Investor | Shopify dethrone the Royal Bank

Every Sunday. Consequently, we rob the spotlight on elements of financial and stock market news which can be useful to the investor, but which could have passed under the radar

And the new King of the Toronto Stock Exchange is …

Strong results in its second quarter. Meanwhile, accompanied by an increase in management forecasts for the next three months, allowed a 20 % increase in the share of wise investor | shopify dethrone Shopify (Shop, $ 207.66) last week. For example, In doing so. Therefore, the market value of the provider of online stores and payment services now exceeds that of the Royal bank (RY, $ 182.12) and in fact the biggest Canadian company with regard to market capitalization. Furthermore, The firm whose head office is in Ottawa has seen its income increase by 27 % in the second quarter compared to the previous year. Similarly, its profit per share adjusted almost double, from $ 0.28 to $ 0.52. For example, For the third quarter, management provides that the growth rate of its income will be between 23 % and 26 %.

The Sun Life Decoked – Wise investor | shopify dethrone

This is what awaited the title. Nevertheless, of the Canadian insurer following the presentation of his second quarter results last Thursday. It was its activities in the United wise investor | shopify dethrone States that negatively affected all the results. notes Gabriel Dechaine, analyst at National Banque Financiers. These difficulties south of the border encourage the analyst to reduce his forecasts. Consequently, it reduces its outperformance rating to performance equal to the sector. The decline of the title Sun Life (SLF, $ 78.56), which was negotiated at more than $ 90 barely a month ago, is certainly a reflection of a difficult situation.

Stroke falls – Wise investor | shopify dethrone

The high stock market increase that had led. to the announcement that it abandoned its project to acquire the Japanese company Seven & I will have only been temporary. The course of the action ofPlay-tardidal supply (ATD, $ 70.26) fell back in 9 of his last 11 stock sessions. finds himself near the level where he was before the announcement which seemed to have enthusiastic investors. The title is wise investor | shopify dethrone once again far from its historic summit. Recall that he had touched his $ 86 summit a year and a half ago, in February 2024. During this same period, the Canadian stock market index S&P/TSX was up more than 30 %.

Hope is reborn at BCE

The disclosure of the second quarter results of BCE (ECB, $ 33.00) seemed to arouse some interest among investors. Jérôme Dubreuil. analyst at Desjardins, believes that the 2 % increase in action prices following the announcement of these results indicates that they are starting to take an interest in the longer term profits that the recent acquisition of Ziply Fiber will generate, bought at the price of around 7.6 billion. He recommends the purchase of the title, and slightly increases his price targets from $ 40 to $ 41. We will know a little more wise investor | shopify dethrone about the impact of this acquisition during the investor day that management will. hold on October 14.

BMO always has appetite for Metro

The grocer Metro (MRU, $ 105.31) will disclose the results of his third quarter of 2025 on August 13. and BMO Capital Markets Tamy Chen analyst is hopeful that they will be once again excellent, so that he has raised his target course in advance by bringing it from $ 110 to $ 115. It provides for growth in action by action similar to that of the previous quarter, or approximately 9.5 % compared to those of the corresponding quarter of the previous year.

The CGI group slowed down by a headwind

The course of the action of CGI Group (Gib.a, $ 131.83) has been confused since mid-February, the wise investor | shopify dethrone title having sold almost a quarter of its value. The companies in the IT services sector are going through a period of slowdown in demand linked to macroeconomic uncertainties. Paul Treiber. analyst at RBC Dominion Securities, notes, however, that despite negative organic growth in his third quarter, action per share has still increased by 10 % compared to the previous year. This testifies. according to him, the resilience of his business model, as well as the efficiency shown by the company in its capital allowance. He maintains his outperformance recommendation, but it reduces its price targets from $ 185.00 to $ 175.00 to take into account compressions of multiple evaluation that firms in the IT services are faced.