Despite the uncertain outlook due to rising geopolitical tensions and the impact of protectionist policies, the Canadian equity markets have witnessed healthy buying over the last few months, driving valuations of the Canadian companies higher. However, the following two Canadian stocks are still trading at more attractive valuations and offer compelling buying opportunities. Telus After…
You know the saying “steady as a rail”? Well, there’s a reason that saying exists, of course. A train isn’t going to go off the tracks unless there’s a real catastrophe. Yet that doesn’t only apply to the physical trains themselves, but also to the companies themselves. That’s why these tend to make the best…
When evaluating whether a stock — or in this case, a real estate investment trust (REIT) — is potentially worth owning, one of the simplest approaches is to compare its performance to a benchmark. For investors focused on either long-term growth or consistent income, Dream Industrial REIT (TSX:DIR.UN) seems to be a decent idea on…
When building wealth designed to last for generations, you need more than just good companies — you need great compounders. These are businesses with strong fundamentals, proven leadership, and the ability to reinvest profits wisely over decades. While the average investor may chase the hot stock of the moment, long-term wealth builders know the secret…
The federal government introduced the Tax-Free Savings Account (TFSA) in 2009 to reinforce the Registered Retirement Savings Plan (RRSP). However, unlike the RRSP, Canadians of all income levels, or even those without proof of income, can open a TFSA. The after-tax dollar contributions are not tax-deductible, although investment income, capital gains, and interest earned within…
As a value-conscious investor, it can be even harder to put new money to work on stocks when the financial markets are going up, with broad strength across sectors. Indeed, many value-minded investors may feel better about doing a bit of buying on dips or when the market is in bear market mode. These days,…
Image source: Getty Images When it comes to security in the last 150 years, energy stocks are the ones to beat. These companies are used for everything, from powering our homes to our vehicles and everything in between. And it’s why energy stocks can be the best way to fuel dividends for decades. That’s why…
Canadian Natural Resources (TSX:CNQ) is a crude oil and natural gas production company operating in Western Canada, the North Sea, and offshore Africa. The company has underperformed the broader equity markets this year. Its year-to-date performance has been flat, in contrast to the S&P/TSX Composite Index, which is up roughly 19%. Falling crude oil prices…
Image source: Getty Images Shopify (TSX:SHOP) offers essential internet infrastructure for commerce to businesses worldwide. The company was under pressure in the first few months of this year as investors were nervous that growth could normalize or slow down. However, supported by its healthy quarterly performances and optimistic third-quarter guidance, the company has rebounded over…
Recently, Canadian energy giants Strathcona (TSX:SCR) and Cenovus Energy (TSX:CVE) have been locked in a bidding war over the smaller pure play E&P, MEG Energy Corp (TSX:MEG). The two larger companies have made their bids for the smaller E&P and look committed to closing the deal. The stakes involved here are relatively large. MEG is…