Investing in TSX stocks with the ability to deliver above-average returns can help build wealth over time and retire rich. However, when investing for long-term financial goals, consider diversifying your portfolio to add stability and spread risk. Against this background, here are three TSX stocks that could deliver above-average returns and support you to retire…
Cameco Inc. (TSX:CCO) is one of the largest global providers of uranium, which powers nuclear power plants. It’s becoming increasingly clear that nuclear power is a big part of the energy solution for the future. Nuclear power is emissions-free, reliable, and necessary to meet zero emissions goals that have been set globally. So let’s tackle…
Turning a modest $15,000 investment nestled safely within the tax-free walls of your TFSA into a substantial $235,000 nest egg is a financial aspiration shared by many Canadians. While it might initially sound like a far-off dream, with a patient and disciplined investment strategy, coupled with the selection of a promising stock, it’s certainly within…
Investing in the stock market can feel like a game of patience. Prices fluctuate, sometimes without clear reason, and even the strongest companies see valuations dip. This often leaves investors questioning whether a TSX stock’s decline is a sign of trouble or a golden opportunity. One TSX stock that has recently caught the attention of…
Cameco (TSX:CCO), one of the world’s largest uranium producers, has long been a staple in Canada’s resource sector. Recently, its stock has taken a hit, creating an opportunity for long-term investors looking for exposure to the nuclear energy market. While short-term volatility has led to a pullback, Cameco stock’s fundamentals remain strong, thus making it…
When you’re searching for top stocks to buy on the TSX, it’s crucial to consider several factors that can help you identify long-term winners. This includes looking at the company’s financial performance, sector trends, valuation metrics, and future growth prospects. It’s also wise to review recent earnings reports and market updates, as these provide a…
Image source: Getty Images Cameco (TSX:CCO), a leading producer of uranium, has seen a notable rise in its stock price over the last year. The nuclear power stock is now up 27% year to date and an incredible 81% in the last year, making it by far one of the best growth stocks out there. However,…
There’s a lot of value to unearth in Canada’s mining scene, especially after the latest pullback in various names that, prior to their declines, have rallied considerably on the back of various industry headwinds. Indeed, commodity prices fluctuate, sometimes wildly, and in both directions. As an investor in the producers or the commodity futures, such…
There are few stocks on the TSX today that have seen the rising share price enjoyed by Cameco (TSX:CCO). And I’m not talking about a short-term rise. Cameco stock seems to have staying power, with shares up 84% in the last year and 402% in the last five years! Yet, given its recent earnings results…