The Canadian stock market is continuing to rally this year as easing monetary policy amid declining inflation continues to boost investors’ sentiments. One of the top performers of 2024 on the TSX is Gildan Activewear (TSX:GIL). The shares of this Montréal-headquartered apparel manufacturer have jumped by 59% so far this year to trade at $69.63…
Image source: Getty Images In the world of Canadian financial stocks, Toronto-Dominion Bank (TSX:TD) and Manulife Financial (TSX:MFC) are top dividend payers. While both are blue-chip stocks, their market performance and future growth potential diverge. TD Bank has been stuck in a sideways range for over two years, while Manulife has surged following a breakout…
Contrarian investors are searching for undervalued dividend stocks that could deliver attractive total returns over the next few years. The TSX trades near its record high, but some top Canadian dividend stocks are down in recent months, offering some decent potential upside. Canadian Natural Resources Canadian Natural Resources (TSX:CNQ) is down about 15% from the…
If you’re searching for a reliable monthly dividend payer within the Canadian stock market, your search will likely lead you to a real estate investment trust (REIT). A REIT is essentially a company that owns, operates, or finances income-generating real estate. The rental income generated from these properties is passed along to shareholders in the…
The Bank of Canada has cut its benchmark interest rates four times since June. Amid falling interest rates, investors should look to invest in monthly-paying dividend stocks to earn a stable passive income. Meanwhile, the following three Canadian stocks pay monthly dividends at higher yields, thus making them excellent buys. NorthWest Healthcare Properties REIT NorthWest…
Canada’s top telecom firms have been getting pretty heavy on the yield, at least over the past few years. Undoubtedly, the telecom stocks are still some of the brightest blue chips around. That said, industry headwinds seem pretty insurmountable at this point. And as the patience of Canadian passive-income investors is put to the test,…
Image source: Getty Images November excites Canadian savers, especially Tax-Savings Savings Account (TFSA) users. It’s the time of the year when the Canada Revenue Agency (CRA) announces the TFSA limit for the incoming year. The announced limit for 2025 is $7,000. While the contribution limit is the same as in 2024, it’s a game-changer nevertheless….
Emerging artificial intelligence (AI) stocks can be some of the most compelling investment opportunities today. These companies often combine cutting-edge technology with rapid growth potential, making them appealing to those looking to capitalize on future trends. AI is transforming industries such as healthcare, logistics, and manufacturing, allowing businesses to operate more efficiently, reduce costs, and…
Investors looking for top defensive options in this market may certainly look at Nutrien (TSX:NTR) as a top play right now. This potash producer is a top commodity play, benefiting from long-term secular growth trends in global food production, which are hard to ignore. Essentially, as the world’s population increases over time, we’re going to need…
Canadian National Railway Co. (TSX:CNR) is one of Canada’s two railways enjoying the benefits of their position in a duopoly. The competition is limited, barriers to entry are high, and business is all but guaranteed as long as there’s an economy. CNR’s stock price, however, is down almost 8% so far this year and 14%…