Investing in lower-priced growth stocks is a solid strategy for Canadians looking to generate market-beating returns over time. In this article, I have identified two such top Canadian stocks to buy with just $100 right now. Let’s see why. Is this TSX penny stock a good buy right now? Valued at a market cap of…
Image source: Getty Images Many investors have an irrational fear of penny stocks. That doesn’t mean there isn’t cause for concern. Many penny stocks represent small companies with volatile performance patterns and weak fundamentals. But there are also penny stocks that represent leaders or at least mature businesses within their respective industries. Since they usually…
According to a survey by the Royal Bank of Canada, about 58% of Canadians have a Tax-Free Savings Account (TFSA) compared to 46% of Canadians who have a Registered Retirement Savings Plan (RRSP), while a significant proportion have both. The way a TFSA is structured and the fact that it gives you access to your savings…
Image source: Getty Images The TSX is divided into a handful of sectors and dozens of industries, sometimes with significant overlap among them. However, outliers exist in both sets, despite their significant size differences, as industries can be small enough to contain just a few stocks, while sectors are usually made up of hundreds of…