Buzz on the Bullboards: Hot stocks in the face of looming U.S. tariffs

After a nine-session hot streak, Canada’s main stock index sustained a dip on Monday as news of DeepSeek, a Chinese AI startup, shook the tech sector. DeepSeek’s breakthrough AI models, which rival top U.S. models at a fraction of the cost, caused significant market turbulence.

However, the TSX rebounded with gains in the following days, reaching a seven-week high. This recovery was bolstered by the Bank of Canada’s announcement of a 25-basis point cut to its key benchmark rate, marking the sixth consecutive rate cut and bringing it down to 3.0 per cent. This move comes amid concerns over a potential 25 per cent tariff from the U.S. against Canada, set to take effect on February 1st. Now let’s look at some TSX and Venture-listed stocks that investors have been talking about this week.

Bombardier Defense, a subsidiary of Bombardier (TSX:BBD, Forum), made headlines this week with the unveiling of armasuisse’s Global 7500 multi-mission aircraft in Bern, Switzerland. Designed for government and military personnel transport and emergency evacuations, the Global 7500 enhances armasuisse’s fleet with increased transportation capacity, protection, and efficiency. The aircraft boasts a top speed of Mach 0.925 and a range of 7,700 nautical miles (14,260 km), setting over 75 speed records on key global routes.

It also features a class-leading 99.8 per cent dispatch reliability and the Smooth FlĕxWing, an in-air shock absorber that promotes aerodynamic efficiency, boosting performance, lowering emissions, and improving safety.

Bombardier posted its fourth-straight profitable quarter in Q3 2024, and leadership remains optimistic about meeting 2024 guidance estimates. Full-year and Q4 2024 results are expected on February 6th.

Laurion Mineral Exploration (TSXV:LME, Forum) has executed a contract with Quantec Geoscience Ltd. to conduct a deep-penetrating Titan DCIP and Magnetotellurics geophysical survey at its flagship Ishkõday Project. Scheduled to commence in March 2025, the survey will focus on the Sturgeon River Mine and Brenbar Mine areas. The primary objective is to enhance the understanding of the structural and lithological framework of the Ishkõday property. By utilizing advanced geophysical technologies, the survey aims to identify geological structures and map lithology, distinguishing between different rock types to refine detailed geological models for future exploration efforts. The survey will cover approximately 26.4 kilometers across 11 survey lines, providing high-resolution data to depths of up to 1.5 to 2.0 kilometers. Results and interpretations are anticipated by mid-2025.

Let’s end on something a little more chill. Tilray Brands (TSX:TLRY, Forum), a global lifestyle and consumer packaged goods company, announced a series of game day events at its craft breweries nationwide. These events will feature premium craft brews paired with specially curated wing offerings designed specifically for game day fans. Participating breweries include SweetWater Brewing Co., Montauk Brewing Co., Breckenridge Brewery, Blue Point Brewing Co., 10 Barrel Brewing Co., Hop Valley Brewing Co., Redhook Brewing Co., Terrapin BeerCo., and Atwater Brewery. Each brewery is dedicated to providing fans with an exceptional experience for the BIG GAME on Sunday, February 9th, 2025.

Investors ought to keep a close eye on these news making stocks and conduct thorough due diligence to stay informed and make well-rounded investment decisions. The dynamic nature of the market underscores the importance of staying updated on the latest developments to maintain a robust and diversified portfolio.

For previous editions of Buzz on the Bullboards, click here.

Join the discussion: Find out what everybody’s saying about these stock on Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image generated with AI.)