When it comes to artificial intelligence (AI) stocks, many investors might think of start-ups and risky meme stocks. However, there’s one Canadian darling that’s been in the industry indirectly, and now directly, for decades. Yes, decades. That’s OpenText (TSX:OTEX), an AI stock that’s moving quickly into the future. Yet its share price still provides investors…
Canadian bank stocks are among the best long-term options for investors to consider. Not only do the bank stocks offer growth and income-earning potential, but they also boast sizable defensive moats. During August, the big banks saw near-double-digit gains. Here’s a look at what that means for investors and some of the best Canadian bank…
Back in January, I covered BCE Inc. (TSX:BCE) and flagged its sky-high dividend that wasn’t covered by distributable cash flow. At the time, the stock was yielding close to 12%, and I remember thinking, “Whoever buys this right now is a sucker. It’s going to be cut.” Sure enough, in May, BCE slashed the quarterly…
It isn’t just the well-known blue-chip stocks that are starting to get some wind at their tail. The mid-cap growth stocks are also participating in the rally. And as the TSX Index’s hot run (it’s up close to 15% year to date, ahead of the S&P 500, which is up 10%) continues, I think Canadian…
It’s a weird time for Canadian investors. On the one hand, we have Canadians looking at gold reaching record highs, with volatility off the charts. On the other hand, the TSX continues to surpass all-time highs, leading many to believe now is the time to look into growth stocks once more. But the question is:…
Bank of Montreal (TSX:BMO) has been an investor’s dream so far in 2025, delivering a total return of about 28% year to date. This outpaces the Canadian banking sector’s 23% return (as measured by the BMO Equal Weight Banks Index ETF) and the broader market’s 18% return (using the iShares S&P/TSX 60 Index ETF as…
You might have heard about Brookfield Corp. (TSX:BN) from a friend’s stock tip or seen it pop up in online debates, especially with former Bank of Canada governor and now Prime Minister Mark Carney having been involved with the firm. But if you go on your brokerage app and type in “Brookfield,” you’ll quickly notice…
Despite the stellar performance of the market so far this year, most investors would agree that there’s a certain element of volatility just over the horizon. Apart from the push into precious metals that this is causing, it is also drawing some investors to stocks that they can buy now for stability and growth. Canada’s…
There’s an old investing rule called “buy what you know.” It was popularized by Peter Lynch, the legendary Fidelity fund manager, who often relied on the observations of his wife and kids to spot trends before Wall Street did. For Canadians, that might mean something as simple as stopping at Tim Hortons on the way…
Retirement is many things to many people. But increasingly, it has become a point of stress, practically as soon as you graduate from university. Investing in your retirement a little at a time is great, but emergencies happen. Emergencies that can send you right back to square one. And with rising costs and interest rates,…