The TSX sometimes allows a stock to supply faster-than-usual capital gains growth without the risk of typical high-growth stocks. Most mainstream tech stocks have given pretty rapid growth but have cratered badly in recent years due to the ups and downs of the overall economic climate. In my view, one Canadian tech stock stands out…
Shopify stock exploded this week after the company announced Q3 earnings. In this five-minute video, Motley Fool analysts Iain Butler and Nick Sciple discuss the long runway ahead for this beloved Canadian growth stock. Prefer to read? There’s a transcript below. Transcript Nick Sciple: I’m Motley Fool Canada senior analyst Nick Sciple, and this is…
Stocks can help create significant wealth over time. Notably, several TSX stocks have appreciated multiple times, generating stellar returns over the past decade. So, if you are planning to invest for tomorrow, here are three fundamentally strong stocks that can build lasting wealth in the long run. Celestica stock Celestica (TSX:CLS) is a top TSX stock…
The average Registered Retirement Savings Plan (RRSP) for Canadians aged 65 might surprise some people. It’s estimated to be around $180,000. While this seems like a substantial amount, when stretched over a retirement that could span two decades or more, it doesn’t quite provide the security one might hope for. Most financial experts recommend having…
If you’re a Canadian who’s just starting out in the investment world, you may feel like you need a much larger sum before you go ahead and pick up your very first stock. Though I’d encourage new retail investors to go down the route of index funds (ideally, one that follows the TSX Index or…
Image source: Getty Images Celestica (TSX:CLS) may not be a household name, but it’s quickly becoming one of the most attractive opportunities for stock investors in Canada. After surging by 278% in the previous three years, CLS stock has already popped by 205% so far in 2024 to currently trade at $118.31 per share with…
When it comes to investing, everyone loves a good hack — something simple, reliable, and effective that can make navigating the stock market easier. While many hacks may sound complicated or risky, some are surprisingly straightforward and built to minimize risk. These gems of the investment world offer consistent rewards without demanding constant monitoring or…
With its stock up 25% in 2024, it has been a strong year for Pembina Pipeline (TSX:PPL). Interest rates have declined, and that has increased demand for quality dividend stocks like Pembina. You can’t collect a great yield from Guaranteed Investment Certificates (GICs) and money market funds, so dividend stocks with stable businesses and attractive…
How would you like to know an investing strategy that outperforms 95% of Wall Street’s highly paid fund managers in the long term? You might think such a strategy to be arcane knowledge locked away in a bank vault somewhere, but in fact, some such strategies are quite well known. One of those strategies is…
Canadian National Railway (TSX:CNR) stock has had a bit of a bumpy ride recently, down about 14% from its 52-week high. For some investors, this dip might seem alarming, but it also opens up a potential buying opportunity for those looking to grab a solid stock “on sale.” CNR stock, a stalwart in North American…