Image source: Getty Images While several tech stocks continue to trade at lofty multiples, it’s still possible to find companies across multiple sectors priced at a discount to their intrinsic value. In this article, I have identified one undervalued TSX stock that’s positioned to deliver outsized gains to shareholders in 2024 and beyond. Let’s see…
Young investors should take charge with their TFSAs (Tax-Free Savings Accounts) by pursuing fundamentally sound companies while they’re going for modest multiples. Undoubtedly, the Canadian stock market certainly seems a whole lot cheaper than the S&P 500 or the tech-heavy Nasdaq 100. Though only time will tell if the TSX Index can outdo the U.S….
Finding the perfect mix of income stocks can help generate a very healthy dividend income that can make retirement very comfortable. Fortunately, there’s no shortage of income producers on the market, including some of the smartest dividend stocks to buy. Prospective investors looking to buy some of those smartest dividend stocks should strongly consider these…
Canada’s big banks are great long-term holdings. That’s because they offer reliable revenue, intriguing growth prospects and pay out generous dividends. But in the face of market volatility, should investors buy, sell or hold bank stocks in 2025? Let’s try to answer that buy, sell or hold question by taking a closer look at one…
Dividend investing is one of the simplest, if not effortless, ways to earn passive income. However, if you employ this strategy, your stock holdings should be reliable dividend payers. Building a lucrative passive-income portfolio is more about finding sustainable payouts than meaty dividends. Large-cap stocks whose businesses provide essential products and services should be top-of-mind…
Even though it’s currently a fraction of its former self, Shopify has set the benchmark for growth for a tech giant in Canada. It dislodged the largest bank in Canada from the position of the most valuable company in Canada, which is something it has maintained for years. While there are stocks that might be…
Investing in technology-focused exchange-traded funds (ETFs) offers a strategic way to capitalize on the dynamic tech sector. Among the myriad options available to Canadian investors, BMO NASDAQ 100 Equity Index ETF (TSX:ZNQ) stands out as a compelling choice. This ETF provides exposure to the NASDAQ-100 Index, encompassing 100 of the largest non-financial companies listed on…
The energy sector is going through a fluctuation period right now. Many energy stocks are slumping, though others are bullish. Ironically, our top stocks for dividends (from the energy sector) are among the ones going bullish right now. The pipeline giant Enbridge (TSX:ENB) is the pipeline giant, not just in Canada but also on the entire…
There’s no shortage of great, high-yield dividend stocks on the market right now. Some of those stocks are on sale right now and have insane long-term appeal for both new investors and seasoned investors with longer-term timelines. Here’s a look at some of those high-yield dividend stocks to purchase today. Do you want a 10%…
Figuring out the best stock to buy right now is never an easy task. But it’s one that’s well worth the effort, as it can help us maximize our investment returns. Let’s take a look at two stocks in one of the most lucrative industries, the financial industry. Which one is the best stock to…