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Costco CDR (CAD Hedged)
Symbol COST
Shares Issued 8,500,000
Close 2025-04-10 C$ 44.23
Market Cap C$ 375,955,000
Recent Sedar Documents

FP says young investors should consider Netflix, others

2025-04-11 07:59 ET - In the News

See In the News (C-NFLX) Netflix CDR (CAD Hedged)

The Financial Post reports in its Friday edition that Canadians face a stock market sell-off and extreme volatility for the third time in five years. The Post's Serah Louis writes that while this may be a calamity for older investors, financial advisers say it could be an opportunity for younger investors. Mr. Schwartz says young investors, who include millennials and generation Z, should be using pullbacks to buy an index fund or a mutual fund that they trust, or allocate their funds in high-quality businesses. Mr. Schwartz recommends buying high-quality companies like Netflix, Spotify, Costco, and Dollarama. He believes these businesses will survive the current turmoil due to ongoing consumer demand. However, Chris McHaney from Global X Investments Canada cautions that this market downturn may differ from past sell-offs, and young investors should be ready for a potentially prolonged recovery. He says, "This crash is a little bit different because it's policy-related." He says President Donald Trump could send markets in a different direction with a social media post.

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