If you’re a Canadian investor who’s given into the home-country bias, you may be overexposed to TSX stocks and underexposed to some of the best-in-breed artificial intelligence (AI) winners out there, most notably the Magnificent Seven stocks. Indeed, the relative outperformed of the Magnificent Seven has been quite pronounced, with some calling for the group…
The S&P/TSX Information Technology Capped Index, a proxy for Canada’s top tech stocks, has delivered solid gains. It has soared nearly 41% year to date and delivered a staggering 149% return over the past five years, reflecting the sector’s growth potential and ability to create wealth. The growing adoption of artificial intelligence (AI), increasing e-commerce…
Growth stocks can increase their financials at a higher rate than the industry average, thus delivering superior returns in the long run. Given their higher return potential, these companies trade at higher valuations. Also, due to the developing nature of these companies, they can be riskier. Against this backdrop, let’s look at three top Canadian…
You thought $1,000 was too high for just one share in 2019. When that share crossed the $2,000 mark in 2021, the previous $1,000 looked cheap. This cycle repeated, and the stock crossed the $3,000 mark in November 2023, the $4,000 mark in July 2024, and is now heading to cross the $5,000 mark. This…
Emerging artificial intelligence (AI) stocks can be some of the most compelling investment opportunities today. These companies often combine cutting-edge technology with rapid growth potential, making them appealing to those looking to capitalize on future trends. AI is transforming industries such as healthcare, logistics, and manufacturing, allowing businesses to operate more efficiently, reduce costs, and…
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…
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…
Investing in technology-focused exchange-traded funds (ETFs) offers a strategic way to capitalize on the dynamic tech sector. Among the myriad options available to Canadian investors, BMO NASDAQ 100 Equity Index ETF (TSX:ZNQ) stands out as a compelling choice. This ETF provides exposure to the NASDAQ-100 Index, encompassing 100 of the largest non-financial companies listed on…
Image source: Getty Images CGI (TSX:GIB.A) is a global leader in internet technology (IT) and business consulting services, with a massive presence across multiple industries. While CGI’s reputation for strong business performance is well-established, for dividend investors, this stock may prompt a second look — not for its yield but for its growth potential. Unlike…