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Bad Axe: Wisconsin wary of rival Minnesota with bowl bid in perilThe Bank of Canada recently began cutting interest rates as early signs of easing inflationary pressures emerge, fueling a robust stock market rally in 2024. This favourable economic environment has propelled the to impressive year-to-date gains of 22.3%. While some uncertainty about the central bank’s next monetary moves lingers, one thing is clear: lower interest rates and cooling inflation could create the perfect conditions for growth-oriented companies to thrive in 2025. In this article, I’ll highlight two top that are well-positioned to skyrocket in the next 12 months, driven by their company-specific and strong market trends. goeasy stock ( ) is the first growth stock that I believe could stand out as a big gainer in the next year. This Canadian financial services provider mainly focuses on giving non-prime borrowers access to loans and leasing services through its easyfinancial and easyhome divisions. It currently has a of $2.8 billion as its stock trades at $166.50 per share after rising by 12.3% over the last year. Although GSY stock has underperformed the broader market so far in 2024, the ongoing strength in the Mississauga-headquartered firm’s strong financials suggests that it could soon catch up or even outperform. In the third quarter, goeasy’s loan originations climbed 16% YoY (year-over-year) to a record of $839 million with the help of a 22% jump in credit applications. This growth pushed its total loan portfolio to $4.39 billion, marking an impressive 28% surge from a year ago. Last quarter, goeasy achieved a record operating margin of 41.7%, up from 39.3% a year ago, as its profitability continues to improve. In addition, the company’s automotive financing segment is gaining traction, with originations for the segment up 60% YoY in the latest quarter. As lower interest rates begin to make borrowing more attractive in the next year, goeasy could benefit from the increasing demand for credit. Moreover, its strategic focus on secured loans, which now comprise 45% of its total portfolio, adds an extra layer of strength to its business and makes it a top growth stock in Canada to buy now. OpenText stock Just like GSY stock, ( ) hasn’t seen much appreciation of late. In fact, OTEX stock has dived by 22.3% so far this year to currently trade at $43.28 per share with a market cap of $11.5 billion due mainly to recent weakness in its sales growth trends. In the quarter ended in September 2024, OpenText registered an 11% YoY decline in total revenue to US$1.3 billion. However, after adjusting for the divestiture of its Application Modernization and Connectivity division, this decline narrows significantly to just 1.8% YoY. This fact clearly reflects that much of the drop in OpenText’s latest quarterly revenues could be attributed to one-time factors rather than its operational inefficiencies. In addition, OpenText’s cloud revenues in the September quarter grew by 1.3% YoY, posting the 15th consecutive quarter of organic cloud growth. Another major factor that makes OpenText so attractive for long-term investors is its increasing focus on innovation, especially in artificial intelligence, cloud technologies, and cybersecurity. As these areas are expected to drive massive growth in the tech sector in the coming years, OpenText stock could recover sharply.SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder. Purdy injured his right shoulder in last Sunday's loss to the Seattle Seahawks . Purdy underwent an MRI that showed no structural damage but the shoulder didn't improve during the week and Purdy was ruled out for the game. Coach Kyle Shanahan said star defensive end Nick Bosa also will miss the game with injuries to his left hip and oblique. Left tackle Trent Williams is questionable with an ankle injury and will be a game-time decision. This will be the first time Purdy has missed a start because of an injury since taking over as the 49ers’ quarterback in December 2022. Brandon Allen will start in his place. The Niners (5-5) are currently in a three-way tie for second in the NFC West, a game behind first-place Arizona, and have little margin for error if they want to get back to the playoffs after making it to the Super Bowl last season. Purdy has completed 66% of his passes this season for 2,613 yards, 13 TDs, eight interceptions and a 95.9 passer rating that is down significantly from his league-leading mark of 113 in 2023. Allen has been mostly a backup since being drafted by Jacksonville in 2016. Allen last started a game in Week 18 of the 2021 season for Cincinnati and has thrown just three passes the last three seasons — including none since joining San Francisco in 2023. Joshua Dobbs will be the backup on Sunday. AP NFL: https://apnews.com/hub/NFL
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