Interest rates are coming down and Canada’s many dividend stocks are on the rise. This dynamic is a big reason for the 17% rise on the TSX Index in 2024 so far. Returns from Guaranteed Investment Certificates (GICs) and money market funds no longer look attractive, so stocks are the place for passive income again….
The TSX is likely due for a pullback after rallying 30% in the past year. Investors who missed the surge are wondering which Canadian dividend stocks might be good to buy on weakness for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio. Royal Bank of Canada Royal Bank (TSX:RY) is…
Canadian investors have had plenty to cheer about in recent months. The S&P/TSX Composite Index is up more than 10% since June and is now trading just shy of 20% on the year. But with the market at all-time highs today, is now really a good time to be investing? It’s a fair question. For…
When it comes to a deal of a dividend stock, it doesn’t get much better than OpenText (TSX:OTEX). OpenText is a Canadian technology powerhouse that specializes in enterprise information management solutions. The stock is down 14% year to date — making now an interesting time to buy and then hold for the long haul. Let’s…
Are you a retiree looking for good assets to put in your portfolio? If so, I have a few suggestions for you. First, you should put the bulk of your portfolio in index funds. These funds have low fees, and have been proven to outperform most active strategies over long timeframes. Second, if you’re going…
At first, a 5.2% dividend yield might seem like a lot. But if you’re looking for a reliable source of monthly income, Dream Industrial Real Estate Investment Trust (TSX:DIR.UN) on the TSX is worth considering. This real estate investment trust (REIT) offers investors steady monthly dividends and exposure to the growing industrial real estate sector,…
As far as Canadian artificial intelligence (AI) stocks are concerned, there certainly aren’t the number of options available to investors that there are in the U.S. market, for example. However, that’s not to say that there aren’t companies with big AI tailwinds worth considering. Indeed, if AI truly is as big as everyone expects, these…
Macro and geopolitical uncertainty and valuation concerns could keep the stock market volatile. However, some Canadian corporations continue to perform well, regardless of market situations, making them the best Canadian stocks to buy and hold forever. With this background, here are three fundamentally strong stocks to buy and hold for the long term. Canadian stock #1…
The search for top dividend stocks to invest in can certainly feel like a daunting task. However, for those looking for high-yield oil stocks, the good news is that there are some top options to consider on the TSX which I think can provide returns similar to (or better than ) Exxon Mobil (NYSE:XOM) and…
Aritzia Inc. (TSX:ATZ) stock continues to get hit hard as investors digest the company’s latest quarterly result and outlook. In fact, Aritzia’s stock price has fallen more than 10% since its quarterly release on October 10. Is Aritzia stock a good buy today? The macro affecting Aritzia stock The consumer is weakening. Debt levels are…