Image source: Getty Images Passive income is very important for retirees who rely on it. Dividend stocks are a great place to earn passive income. However, when you only focus on dividend income as an investment factor, you can sacrifice business quality for a high yield. Yield is important but it’s not everything Stocks with…
Image source: Getty Images Establishing a juicy passive-income stream is a dream sought by every investor. Unfortunately, many view that dream as unattainable, questioning how much is needed to invest to generate healthy dividends each month. In truth, it’s not as scary as it sounds. In fact, it is easier than many investors may think….
Image source: Getty Images Are you looking for a high-yield monthly dividend stock to generate regular passive income? The best bargains might be found in the far corners of the Canadian stock market. A tiny real estate investment trust (REIT) with a $1.2 billion property portfolio is making monthly distributions that yield a staggering 9.4%…
Image source: Getty Images. After rocketing by 343% in the previous three years combined, Bombardier (TSX:BBD.B) stock is continuing to outperform the broader market by a huge margin in 2024. Bombardier stock jumped by 46.3% in May 2024 alone, making it the top-performing TSX stock for the month. It currently trades at $86.88 per share…
Image source: Getty Images Enbridge (TSX:ENB) stands as a stalwart in the portfolios of many Canadian dividend investors, and for good reason. The company operates extensive oil and natural gas pipelines with long-term contracts that generate steady cash flows. This business model provides a degree of insulation from the often volatile swings in energy prices….
There’s a lot of value to unearth in Canada’s mining scene, especially after the latest pullback in various names that, prior to their declines, have rallied considerably on the back of various industry headwinds. Indeed, commodity prices fluctuate, sometimes wildly, and in both directions. As an investor in the producers or the commodity futures, such…
Over the last decade, there’s no question that one of the best stocks on the TSX has been Dollarama (TSX:DOL), the discount retailer and ultra-popular growth stock. This is unsurprising over the last few years, given the economic environment and surging living costs, forcing more consumers to review their budgets and look for lower-cost ways…
Image source: Getty Images Shopify (TSX:SHOP) stock fell a sharp 25% after its first-quarter earnings gave a reality check that the business normalized post-pandemic. Shopify is a Canadian tech stock that enjoys high trading volume. You see seasonal volatility in this stock as the e-commerce industry sees significant shopping activity in November and December due…
Image source: Getty Images While $30 seems like a modest sum, it can be a starting point for investing in high-quality Canadian growth stocks. It’s worth noting that several Canadian stocks with strong fundamentals and significant growth prospects are trading under $30, allowing investors to buy them cheap and benefit from solid capital gains in the…
Investors looking for stocks with visible growth potential should consider Bombardier (TSX:BBD.B), Computer Modelling Group (TSX:CMG), and Stingray Group (TSX:RAY.A). Prices should rise further as the economic environment improves post-rate cut. Strong momentum Bombardier has gained momentum since reporting its Q1 2024 quarterly results. Its share price of $86.54 is 40.2% higher since the…