When I think about finding the best dividend stocks in Canada, two schools of thought come to mind. The first is yield-chasing—going after the highest payouts possible, regardless of quality. The second is dividend growth—owning companies that may not have the biggest headline yields, but consistently raise dividends year after year. Personally, I lean toward…
Aritzia (TSX:ATZ) stock is surging Friday morning after delivering very strong quarterly results. So far, its stock is up 9.5% after the company reported earnings that significantly beat analysts’ expectations. A huge quarter for Aritzia For the second quarter, net revenues rose 31.9% to $812 million. Comparable sales (organic growth) increased 21.6%. Much of the…
When it comes to reliable dividend-paying stocks, few companies boast a track record as impressive as Imperial Oil (TSX:IMO). In a sector known for volatility, Imperial stands out as a beacon of consistency. The oil and gas integrated company began paying dividends in 1981, but what truly sets it apart is its unbroken streak of…
With the TSX Index fresh off three quarters of impressive gains, investors may wonder if it’s worth hanging onto the risk-on names going into year’s end. Indeed, a correction can always punish investors. And with valuations a lot higher than where they stood a year ago, it seems only prudent to ring the register here…
One no-brainer Canadian stock to buy now and hold forever is Constellation Software (TSX:CSU). Despite a 25% decline from its highs this year, the tech stock returned 734% over the last decade. This essentially transformed an initial investment of $10,000 into about $83,420. In other words, it was an eight-bagger in that period. Few stocks…
Shares of Gildan Activewear (TSX:GIL) have been defying the odds, blasting off close to 120% in the last two years, as most other apparel names have fallen under considerable pressure. Indeed, the apparel scene is a tough place to be unless you’re an efficient operator who knows how to retain (and even gain) additional market…
For investors seeking to strengthen the income side of their portfolios, monthly dividend stocks with high yields can be a solid option. These TSX stocks distribute dividends every 30 days, providing cash flow that can be reinvested more frequently or used to cover short-term expenses. This regular flow of income allows investors to compound their…
Between Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), and First Home Savings Accounts (FHSAs), Canadians have plenty of tax-sheltered room to work with. But even the most diligent savers will take time to max out those accounts. If you’ve already filled them, the next step is usually a non-registered account. These are far…
If your home purchase is still a few years away, you don’t want to park your First Home Savings Account (FHSA) in stocks that might be in an unrealized loss just as the perfect property comes up. For most people, the instinct is to grab Guaranteed Investment Certificates (GICs). They’re CDIC insured and simple. But…
Investors often avoid stocks that are lagging, worried that they could be “falling knives” which they should steer clear of. But some beaten-down names may just be sleeping giants — with strong fundamentals and long-term growth potential. If you’re looking to buy quality Canadian companies on sale, these two stocks deserve your attention now. CN…