Image source: Getty Images. After rocketing by 343% in the previous three years combined, Bombardier (TSX:BBD.B) stock is continuing to outperform the broader market by a huge margin in 2024. Bombardier stock jumped by 46.3% in May 2024 alone, making it the top-performing TSX stock for the month. It currently trades at $86.88 per share…
Image source: Getty Images Enbridge (TSX:ENB) stands as a stalwart in the portfolios of many Canadian dividend investors, and for good reason. The company operates extensive oil and natural gas pipelines with long-term contracts that generate steady cash flows. This business model provides a degree of insulation from the often volatile swings in energy prices….
There’s a lot of value to unearth in Canada’s mining scene, especially after the latest pullback in various names that, prior to their declines, have rallied considerably on the back of various industry headwinds. Indeed, commodity prices fluctuate, sometimes wildly, and in both directions. As an investor in the producers or the commodity futures, such…
Over the last decade, there’s no question that one of the best stocks on the TSX has been Dollarama (TSX:DOL), the discount retailer and ultra-popular growth stock. This is unsurprising over the last few years, given the economic environment and surging living costs, forcing more consumers to review their budgets and look for lower-cost ways…
Image source: Getty Images Shopify (TSX:SHOP) stock fell a sharp 25% after its first-quarter earnings gave a reality check that the business normalized post-pandemic. Shopify is a Canadian tech stock that enjoys high trading volume. You see seasonal volatility in this stock as the e-commerce industry sees significant shopping activity in November and December due…
Image source: Getty Images While $30 seems like a modest sum, it can be a starting point for investing in high-quality Canadian growth stocks. It’s worth noting that several Canadian stocks with strong fundamentals and significant growth prospects are trading under $30, allowing investors to buy them cheap and benefit from solid capital gains in the…
Investors looking for stocks with visible growth potential should consider Bombardier (TSX:BBD.B), Computer Modelling Group (TSX:CMG), and Stingray Group (TSX:RAY.A). Prices should rise further as the economic environment improves post-rate cut. Strong momentum Bombardier has gained momentum since reporting its Q1 2024 quarterly results. Its share price of $86.54 is 40.2% higher since the…
It’s no secret that one of the best ways to put your hard-earned money to work is to invest for the long haul. Of course, you also want to buy the highest quality stocks possible and only invest in companies that you understand well. However, if you’re not buying these growth stocks, value stocks or…
Image source: Getty Images Until Tesla came along, a realistic move for the world away from internal combustion engine (ICE) vehicles was little more than a pipe dream. The rise of electric vehicles (EVs) and continuous improvements in the industry are making it more realistic to transition from fossil fuel-guzzling cars to cleaner modes of transportation….
Image source: Getty Images Stock investing or trading is a tangible way for regular folks to earn extra money and make millions. The key to building wealth in the stock market is not luck but time. Modest seed capital can transform into a significant amount over time through the power of compound interest. The power…