Image source: Getty Images The Toronto Stock Exchange continues to trend skyward, rising +6.87% in the last 30 days. As of May 9, 2025, Canada’s primary stock market is up +2.55% year to date. The S&P 500 Index on Wall Street is losing -3.8% year to date. Several TSX stocks are profitable options, including a…
Having $40,000 in Tax-Free Savings Account (TFSA) cash to invest in 2025 is a pretty exciting situation to be in. With markets still finding their footing after a choppy year, there’s a window here to scoop up some strong stocks at reasonable prices. And because your TFSA shelters any gains from taxes, the long-term payoff…
The Toronto Stock Exchange (TSX) continues to push to new highs, a sharp contrast to the volatility and fear that gripped markets just a short while ago. From inflation jitters to tariff concerns, it wasn’t long ago that investors were hesitant to step back in. But now, with resilience returning to Canadian equities, some opportunities…
Canadian investors should consider gaining exposure to quality companies in recession-resistant sectors such as insurance. One top TSX insurance stock that is down just 8% from all-time highs is Definity Financial (TSX:DFY). Valued at a market cap of $7.5 billion, Definity Financial provides property and casualty insurance in Canada. It offers personal and commercial insurance…
Investing in blue-chip dividend stocks with growing payouts is a proven strategy to build long-term wealth. It’s essential to identify quality companies that generate stable cash flows across business cycles, allowing them to maintain and even increase dividends over time. In this article, I have identified two Canadian dividend knights set to increase payouts in…
Shares of Air Canada (TSX:AC) have been on the ascent this month, gaining close to 33% in the past month alone on the back of a somewhat decent quarterly earnings report. Indeed, the first quarter was by no means incredible, but it was good enough to win over some notable analyst price target upgrades. And…
Some of you might know Blackberry Ltd. (TSX:BB) from the days when it was the leader in the handheld phone market. Others might know Blackberry from the 2023 movie that told the story of its rise and fall. Whatever you know it from, I believe Blackberry stock is worth considering, as it’s grossly underappreciated and…
Power Corporation of Canada (TSX:POW), a holding company with stakes in financial services and alternative asset management, has generated more than 240% in total returns over the past five years. However, the conglomerate’s stock still trades at a steep 26.8% discount to net asset value (NAV) today. But with a clear strategy to grow its…
If you’re a Canadian investor hunting for a beaten-down gem on the Toronto Stock Exchange (TSX), goeasy (TSX: GSY) should be on your radar. This magnificent financial services stock is down 28% from its 52-week high of $206 — and I see that as a golden opportunity to load up shares for long-term investors. goeasy has a long history of…
Stock market investing can be an excellent way to use any savings you have to get good returns. Sure, parking all the extra funds in a high-interest savings account will grow your wealth through interest income. However, interest rates offered by even the best accounts pale in comparison to growing inflation. Over time, the money…