Fortis (TSX:FTS) is up 15% in the past year. Investors who missed the rally are wondering if Fortis stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) focused on dividends and total returns. Fortis stock Fortis trades near $62 per share at the…
This year, some interesting trends are shaping up. While Trump tariffs did make the headlines, the large-cap stocks dependent on exports showed a moderate decline. However, it is better to not be too optimistic and diversify your portfolio across defensive stocks or stocks with global outreach. Another interesting perspective is to use a contrarian approach…
If you’re looking to invest $20,000 in the TSX and create a steady stream of passive income, finding the right mid-cap stocks with strong dividends and growth potential is key. One stock that stands out right now is Parkland (TSX:PKI), a well-established fuel distributor and marketer that has built a resilient business across Canada and…
Many TFSA (Tax-Free Savings Account) holders hesitate to invest, fearing that the stock market’s ups and downs could put their hard-earned savings at risk. But the reality is that not all stocks carry high risk. In fact, several fundamentally strong Canadian companies have the potential to provide steady growth, reliable dividends, and long-term stability, making…
As we approach 2025, Tax-Free Savings Account (TFSA) investors looking for undervalued stocks with strong recovery potential should consider TFI International (TSX:TFII) and Bombardier (TSX:BBD.B). Both TSX stocks have faced challenges but are showing signs of resilience, making them compelling picks before they fully bounce back. TFII TFI International, a major player in transportation and…
If you’re like me, you’re always looking for that investment that will you give a reliable and growing source of passive income. Thankfully, Canadian dividend stocks can provide us with this income stream. The trick is finding the right ones that will support our income needs today and in the future. Without further ado, here…
So, you’ve got $30,000 burning a hole in your pocket, and you’re eyeing that Tax-Free Savings Account (TFSA) like it’s a golden goose. Well, what if I told you that with a savvy investment, you could turn that TFSA into a veritable cash machine? Enter Choice Properties Real Estate Investment Trust (TSX:CHP.UN). Let’s dive into…
Beginner investors should really extend their investment horizon for as long as they possibly can. Undoubtedly, it’s a hard thing to do in the modern age when you can buy and sell stocks for little to no commission! Additionally, given that trading stocks have become a hot topic of discussion on social media platforms, it’s…
Image source: Getty Images Valued at a market cap of $30.88 billion, Telus (TSX:T) is among the largest telecom companies globally. Telus has two primary business segments: technology solutions and digitally-led customer experiences. With roughly 20 million subscriber connections, Telus serves mobile phone users and internet subscribers. While the TSX index has more than doubled…
Canadians can save, invest, and not pay taxes on investment income through the Tax-Free Savings Account (TFSA). Tax-free money growth is the salient feature of this well-loved investment tool. Some TFSA users became millionaires, although they might have employed high-risk strategies to achieve the feat. However, risk-averse investors can take a more cautioned approach and…