Investors often steer clear of stocks that seem to be spiralling downward. After all, who wants to catch a falling knife? Yet, every so often, one TSX stock’s stumble becomes another investor’s big opportunity. Magellan Aerospace (TSX:MAL) may just be that kind of stock. Despite recent market setbacks, the company’s solid foundation and promising future…
Investing your $7,000 Tax-Free Savings Account (TFSA) contribution wisely can set the stage for substantial long-term gains. So today, let’s explore three notable Canadian companies, WSP Global (TSX:WSP), RioCan Real Estate Investment Trust (TSX:REI.UN), and Topicus.com (TSXV:TOI), delving into recent performances, future prospects, and why these might be worthy additions to your investment portfolio. WSP…
Shopify (TSX:SHOP) has long been one of Canada’s greatest tech success stories. The Ottawa-based e-commerce giant transformed from a niche platform for small businesses into a global powerhouse, helping merchants of all sizes build online stores and process transactions seamlessly. If you had invested in Shopify years ago, you would have likely seen massive returns,…
When it comes to building your Tax-Free Savings Account (TFSA), Canadian stocks should still be your first choice. While U.S. and international markets may offer exciting opportunities, the advantages of sticking with homegrown companies can’t be ignored, especially amidst trade war catastrophes. From tax benefits to strong long-term growth potential, stocks like Canadian National Railway…
The Tax-Free Savings Account (TFSA) is a popular registered account in Canada, allowing residents to hold various asset classes. Moreover, any gains generated in this account are exempt from taxes, making the TFSA ideal for growth investors. Most Canadians use the TFSA to buy TSX stocks and mutual funds. However, you can diversify your equity…
With market turbulence often on the horizon, savvy Canadian investors are on the lookout for resilient opportunities to grow their portfolios. If you’re sitting on $2,000 and pondering where to invest, two mid-cap Canadian stocks might just be the ticket. Tamarack Valley Tamarack Valley Energy (TSX:TVE), a Calgary-based oil and gas company, has been making…
CGI (TSX:GIB.A), a prominent player in the IT and business consulting sector, has recently unveiled its first-quarter results for fiscal year 2025. And the tech consultancy is showcasing robust financial performance. But since those earnings, is the company still a buy? Or is value already priced in? Let’s take a look to decide whether CGI…
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’ve got an extra $1,500 lying around, it may make sense to go for growth. If you’re a new investor who’s just getting started with self-guided investing, perhaps the many “growthy” tech plays are worth checking out at these levels. Indeed, we’re in the middle of an artificial intelligence (AI) revolution of sorts. While…
The so-called artificial intelligence (AI) revolution is continuing, even as Trump tariff threats begin to hog the headlines. Undoubtedly, the technology isn’t going to slow down for anyone, especially following China’s impressive AI surprise in DeepSeek, which appears to rival some of the best-in-breed AI models in America. Indeed, the AI race is going to…