If you’re on the hunt for a Canadian stock with strong fundamentals and solid growth potential, look no further than goeasy(TSX: GSY), as there are solid reasons to buy it as if there’s no tomorrow. Over the past two decades, goeasy has established itself as a powerhouse in the subprime lending sector, consistently outperforming the…
Image source: Getty Images. Hydro One (TSX:H) operates a highly regulated electricity transmission and distribution business, serving 1.5 million customers in Ontario. Its financials are less susceptible to market volatility, given a 99% rate-regulated utility business and no exposure to commodity price fluctuations. Supported by these solid financials, the company has delivered over 133% returns…
Image source: Getty Images Investors such as Warren Buffett and Benjamin Graham have popularized investing in undervalued stocks. As not every cheap stock is a good buy, it’s essential to identify a portfolio of companies that trade below their intrinsic value and are positioned to deliver outsized returns when investor sentiment improves. Here are two…
The search for top ways to play the renewable energy trade is on. There are plenty of companies around the world built around the thesis that the world is going to need a lot more power in the future. The rise of AI, electric vehicles, and other technologies suggest current power supply isn’t even close…
Image source: Getty Images If there’s one sector investors need to watch closely, it’s copper. Copper stocks are poised to dominate the TSX in the future because copper is essential to the green energy revolution and global infrastructure development. As the world pushes towards renewable energy sources like wind, solar, and electric vehicles, the demand…
Image source: Getty Images For new investors, there’s a game-changing way to invest with minimal cost – $0 trading fees on platforms like Wealthsimple. By avoiding hefty fees, you can boost your investment returns. Here are three TSX stocks I’d snap up in a heartbeat today. Why TD Bank stock is a must-buy right now…
Image source: Getty Images. Cuts to interest rates are driving income investors back to dividend stocks as rates offered on Guaranteed Investment Certificates (GICs) continue to fall. Top dividend stocks aren’t as cheap as they were late last year, but investors can still find deals. Bank of Nova Scotia Bank of Nova Scotia (TSX:BNS) trades…
Image source: Getty Images September is right around the corner, and it’s an excellent time to start thinking about your 2024 tax return. Although taxes aren’t due until April of next year, it helps to keep track of your expenses and benefits throughout the year. 2025 will be here sooner than you think, and the…
The Canada Pension Plan (CPP) payment is for life, but more is needed to live on or support financial needs in retirement. CPP users should heed the advice of the Canada Pension Plan Investment Board (CPPIB). The CPP fund manager says the pension is a foundation for Canadians to build their financial security in retirement….
Image source: Getty Images Investing in REITs (real estate investment trusts) in Canada can be a smart move, especially if you’re looking for a blend of income and growth. One of the biggest benefits of REITs is their ability to generate consistent income through dividends. Canadian REITs, on average, offer dividend yields ranging from 4%…