Image source: Getty Images Finding the high-flying growth stocks that have performed well in previous cycles is easy. However, determining how many of these high-flying stocks will continue to soar is a much more difficult endeavour. The TSX is filled with a range of high-yielding and typically lower-growth stocks, compared to other markets. However, there…
Canadian stocks recently reached record highs as the TSX Composite Index soared above the 22,400 level for the first time ever. Interestingly, while AI (artificial intelligence) is arguably emerging as one of the most disruptive and transformative technologies of our time, with the potential to transform various industries and sectors, many fundamentally strong AI stocks…
Image source: Getty Images Bank of Nova Scotia (TSX:BNS) is up 15% from the 12-month low it hit in late October last year. A recent dip has investors who missed the rally wondering if the latest pullback is a good entry point or if more downside is on the way. Bank of Nova Scotia stock…
Image source: Getty Images So, you have $1,000 you want to invest long term. Well, the electric vehicle (EV) market is certainly a strong place to consider. While shares of EV stocks have surged and plunged, taking the opportunity to buy the dip is a strong move at this point. EV stocks are certainly going…
Image source: Getty Images Despite the growing volatility, the S&P/TSX Composite Index is up 2.5% this month and 6.2% this year. However, concerns over high inflation, geopolitical tensions, and the impact of higher interest rates on the global economy persist. So, investors should look to strengthen their portfolios by adding quality stocks. Here are my…
Image source: Getty Images If you want to compound investment earnings for long periods (like decades), you need to max out your TFSA (Tax-Free Savings Account). Stocks held in a TFSA are safe from all taxation. That means your investments and gains can compound without restraint. You are more likely to hit your financial goals…
Image source: Getty Images Investing over the long term is one of the best strategies as it is less susceptible to short-term fluctuations while delivering superior returns. However, investors should be careful when choosing stocks, as not all stocks will deliver multi-fold returns. Given their healthy growth prospects, I believe the following three stocks can…
Image source: Getty Images Toronto Dominion Bank (TSX:TD) has had a rough go so far in 2024. TD stock may be one of the biggest companies and banks in Canada, and even in the United States. However, that won’t matter if everyone is worried about money laundering probes. That’s why today we’re going to look…
Image source: Getty Images Canadian investors can access dozens of high-quality, generous, and reliable dividend stocks. But even among this lucrative pool of dividend payers, a few stocks stand out for their dividend histories and long-term dividend sustainability prospects. And if you are looking for dividend stocks that you can hold in your Tax-Free Savings…
Image source: Getty Images Contrarian investors seeking high yields from good TSX dividend stocks have an opportunity to buy some top Canadian dividend-growth names at discounted share prices. Buying stocks when they are out of favour requires patience. Cheap stocks can get cheaper before they bounce, but the long-term benefits from the higher dividend yield…