Canadian National Railway Co. (TSX:CNR) is one of Canada’s two railways enjoying the benefits of their position in a duopoly. The competition is limited, barriers to entry are high, and business is all but guaranteed as long as there’s an economy. CNR’s stock price, however, is down almost 8% so far this year and 14%…
How would you like to know an investing strategy that outperforms 95% of Wall Street’s highly paid fund managers in the long term? You might think such a strategy to be arcane knowledge locked away in a bank vault somewhere, but in fact, some such strategies are quite well known. One of those strategies is…
Canadian National Railway (TSX:CNR) stock has had a bit of a bumpy ride recently, down about 14% from its 52-week high. For some investors, this dip might seem alarming, but it also opens up a potential buying opportunity for those looking to grab a solid stock “on sale.” CNR stock, a stalwart in North American…
Canadian National Railway (TSX:CNR) is a dominant player in North American transportation, with a rail network stretching across Canada and into the U.S. midwest. As one of only two publicly traded Class I railways in Canada, it plays a key role in connecting Canada’s east and west coasts with the U.S. Gulf Coast. But where…
Are you looking for quality stocks to buy and hold in your RRSP for retirement? If so, you’ve got a worthy goal. Everybody knows that it makes sense to contribute to an RRSP. However, not everybody understands the importance of investing well within one’s RRSP. If you lose money on your RRSP investments, then you’re…
When it comes to selecting a stock for your Tax-Free Savings Account (TFSA), Canadian National Railway (TSX:CNR) stands out as one of the best options. Known for its robust performance, strategic management, and reliable dividend, CNR stock offers a blend of growth and stability – exactly what long-term investors need in a tax-free savings account….
As the Toronto Stock Exchange (TSX) soars to new heights – having appreciated nearly 26% over the past year – Canadian investors face a unique challenge. For those invested in market-wide funds, they may be reluctant to allocate more capital to the Canadian stock market. In fact, record highs may tempt cautious investors to take…
When you’re hunting for the best Canadian stocks to buy, I like to focus on a few key factors: strong financials, a reasonable valuation (such as a lower price-to-earnings (P/E) ratio), and future growth potential in the industry. You’ll also want to check if the company pays a solid dividend, which is always a nice…
Image source: Getty Images For new investors, there’s a game-changing way to invest with minimal cost – $0 trading fees on platforms like Wealthsimple. By avoiding hefty fees, you can boost your investment returns. Here are three TSX stocks I’d snap up in a heartbeat today. Why TD Bank stock is a must-buy right now…
Image source: Getty Images Buying quality TSX stocks on big pullbacks takes courage and requires the patience to ride out additional downside, but the strategy can also deliver meaningful long-term total returns when market sentiment shifts. TD Bank TD (TSX:TD) trades near $80 per share at the time of writing compared to $108 in early…