Investing in quality, undervalued Canadian stocks with significant upside potential can help you consistently deliver outsized gains. In this article, I have identified five cheap TSX stocks you can buy now with $5,000. Let’s see why. Whitecap Resources stock Whitecap Resources (TSX:WCP) reported an “exceptional year” for 2024, with consistent production outperformance that led to…
In the bustling world of renewable energy, it can be hard to find companies that look like great future outcomes, especially when it comes to stability in a sector still finding its footing. Yet two Canadian giants, Brookfield Renewable Partners (TSX:BEP.UN) and TransAlta (TSX:TA), have been making waves. Both companies have recently released their earnings…
Brookfield Corporation (TSX:BN) stock took a beating this week, falling 10.3% in price in a matter of days. The likely culprit was the Canada-U.S. trade war that has been underway ever since Donald Trump became U.S. president and which heated up this week when Trump’s tariffs took effect. Brookfield exports various forms of energy to…
The leading Canadian dividend stocks can help you earn regular passive income. Moreover, these fundamentally strong companies will likely add stability to your portfolio and generate steady capital gains over time, making them compelling long-term bets. While investing, investors should focus on TSX stocks with a solid track record of distribution, decent yield, a growing earnings…
Creating a diversified portfolio in your Tax-Free Savings Account (TFSA) is one of the smartest moves for long-term financial growth. By spreading your investments across various sectors and industries, you reduce the impact of any single investment’s downturn — all while positioning yourself to capture opportunities in multiple areas. It’s like creating a buffet: no…
Canadian investors seeking exposure to top energy stocks could consider buying Enbridge (TSX:ENB), Canadian Natural Resources (TSX:CNQ), and Brookfield Renewable Partners (TSX:BEP.UN). These companies have a solid business model and growing cash flows to support higher dividend payments and share prices. Let’s delve deeper. Enbridge Enbridge is a compelling bet for Canadian investors in the energy…
Image source: Getty Images High interest rates hurt utility companies but as the Bank of Canada’s rate-cutting cycle continues, three Canadian utility stocks are back on investors’ radars. Besides stable returns, Brookfield Renewable Partners (TSX:BEP.UN), Emera (TSX:EMA), and Hydro One (TSX:H) will provide steady passive income streams. Growth enabler Brookfield Renewable Partners has advanced 43.6%…
The Canadian stock market is coming off yet another strong week. The S&P/TSX Composite Index is up more than 15% year to date, not even including dividends, either. It’s been a steady rise throughout 2024, and plenty of positive momentum remains in the Canadian stock market. Despite the huge gains this year, there remains no…
Renewable energy in Canada is booming, with more focus than ever on sustainability and clean power sources like wind, solar, and hydro. It’s a fantastic opportunity for investors looking to tap into the green revolution! However, not all companies in the sector are created equal. Some are trailblazers with strong growth potential, while others may…
Image source: Getty Images The stock market is trading near all-time highs and might gain further pace with multiple interest rate cuts on the horizon. This provides investors an opportunity to identify quality dividend stocks and benefit from a recurring stream of income as well as capital gains over time. A once-in-a-decade opportunity to buy…