Investors often avoid stocks that are lagging, worried that they could be “falling knives” which they should steer clear of. But some beaten-down names may just be sleeping giants — with strong fundamentals and long-term growth potential. If you’re looking to buy quality Canadian companies on sale, these two stocks deserve your attention now. CN…
It can be tempting to wait for lower prices before putting $5,000 that’s sitting around in savings to work. Undoubtedly, if you tune into the financial news, you’ll probably hear that stocks are expensive and that a plunge may not be all too far off. And while the bull market has been as powerful as…
Investors who missed the big rally this year in the TSX are wondering which Canadian dividend stocks might still be trading at reasonable prices and are good to add to a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on income and long-term total returns. Bank of Nova Scotia Bank…
When it comes to long-term holds, security and stability are the top points to consider. That’s why today we’re considering Canadian National Railway (TSX:CNR), part of the railway duopoly in Canada that simply isn’t going anywhere. Today, let’s look at reasons to get in on this stable stock, and why it can turn any portfolio…
You know the saying “steady as a rail”? Well, there’s a reason that saying exists, of course. A train isn’t going to go off the tracks unless there’s a real catastrophe. Yet that doesn’t only apply to the physical trains themselves, but also to the companies themselves. That’s why these tend to make the best…
Central banks in the U.S. and Canada have been busy in recent months, enacting cuts in key interest rates as inflation levels cool to target levels. The Bank of Canada has been more dovish about the cuts compared to the U.S. Federal Reserve amid trade tensions. However, it is clear that the Bank of Canada…
Investing in quality stocks and holding them over the long term allows you to benefit from the power of compounding and generate inflation-beating returns over time. In this article, I have identified three top TSX stocks you can buy right now to build generational wealth. Let’s dive deeper. Brookfield Renewable stock Among the largest clean…
If you had $250,000 ready to invest in Canadian dividend stocks, how would you go about it? That’s not a small amount of money; it could be life-changing. For many investors, the goal with a lump sum like that is to strike a balance between income, stability, and some growth. In this case, we’ll take…
Canadian National Railway (TSX:CNR) is down considerably over the past year. Contrarian investors with a buy-and-hold strategy are wondering if CNR stock is now oversold and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividend growth and total returns. Canadian National Railway stock price…
The TSX is near its record high, but investors can still find deals for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) focused on income and long-term total returns. Canadian Natural Resources Canadian Natural Resources (TSX:CNQ) is a giant in the Canadian energy sector with a current market capitalization near $96…