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…
When the stock market gets bumpy, most investors find themselves looking for safe ground. Some rush to cash, others hide in gold. But for Canadians who want income, stability, and long-term growth, our biggest banks tend to be the go-to move. Not only have these proven to weather economic storms, but they also tend to…
Investing in the right stocks can make all the difference between retiring early with a handsome income or needing to work several years more and still fall short. Fortunately, there are some great stocks to buy on the TSX today. Given an extra $8,000, here’s where I would allocate those funds to my portfolio on…
Earlier today, the U.S. and China made a joint statement in which they announced that they would be lowering tariffs on one another by 115%. The U.S. tariff rate on China will decline from 145% to 30%, while the Chinese tariff rate on the U.S. will go down from 125% to 10%. The biggest tariff…
The Canadian equity markets have witnessed solid buying over the last few weeks, with the S&P/TSX Composite Index rising 12.4% from last monthâs lows. Easing trade tensions has improved investorsâ sentiments, supporting stock price growth. However, the uncertainty surrounding the United Statesâs trade policy and its impact on global growth could lead to a volatile…