Starting to invest in the stock market can seem quite exciting. For someone new to it, the idea of investing a bit of money into a company that suddenly soars and makes them wealthy beyond measure can be tempting. While becoming rich overnight might be a bit far-fetched, investing in growth stocks can yield amazing results. If…
The Canadian stock market has trended higher so far in 2025, with the S&P TSX Composite Index gaining 17.8% year to date. Notably, interest rate cuts to support the economy, strong performance from the resource sectors, including mining companies (primarily those involved in precious metals), and investors’ enthusiasm for artificial intelligence (AI) technology have driven the…
Buy a stock, sit back, and let it do the work. That’s the dream for long-term investors. And it’s possible if you carefully choose fundamentally strong stocks with staying power. In this article, I’ll share three Canadian stocks that I believe can not only soar but sustain their growth for decades to come. Lundin Mining…
For years, Lightspeed Commerce (TSX:LSPD) was seen as one of Canada’s most promising homegrown tech stories, though its journey has been anything but smooth. Today, with shares sitting around $17 on the TSX, the company trades at a fraction of its pandemic-era highs. But after a year of steady progress, improving fundamentals, and a sharpened…
The Canadian stock market has been on fire as of late. Following a sudden pullback in early April, the S&P/TSX Composite Index has surged an impressive 20% in less than four months. The recent swing has the previously mentioned index now up 10% on the year, not even including dividends. As hot as the market…
Image source: Getty Images The Canadian equity markets have rebounded strongly over the past few months, with the S&P/TSX Composite Index rising 21.8% from its low point in April. The easing of geopolitical tensions in the Middle East and an improving macroeconomic environment have made investors optimistic, driving the equity markets higher. Amid renewed investors’…
The Canadian benchmark index has cooled slightly after achieving a new all-time high as concerns over an economic slowdown eased. Despite this upward trajectory, some of the technology stocks haven’t followed suit, showing weaker performance compared to the broader market. For instance, Shopify (TSX:SHOP), Lightspeed (TSX:LSPD), and WELL Health (TSX:WELL) remain well below their previous…
The stock market feels the heat as macroeconomic uncertainty and worries over U.S.-Canada trade tariffs weigh on investor sentiment. With volatility on the rise, the recent selloff has pushed several high-quality Canadian stocks into undervalued territory, creating a potential buying opportunity for those with a long-term outlook. Despite the market pressure, certain companies with strong…
Growth stocks will have the potential to grow their financials faster than the industry average, thus delivering higher returns in the long run. These companies usually don’t pay dividends as they reinvest their profits to grow their businesses, enhancing shareholders’ value in the long run. Due to their higher return potential, growth stocks trade at…
Image source: Getty Images Looking to invest $1,000 in stocks that have the potential for solid returns? Lightspeed Commerce (TSX:LSPD) and Brookfield (TSX:BN) are two no-brainers for different yet complementary reasons. With strong recent earnings, robust growth strategies, and impressive market positioning, these two companies offer both stability and the potential for future gains. Lightspeed…