Page 16 - Fool Canada News Today

Image source: Getty Images. When Bitcoin (BTC) soared 96% to US$57,539.95 on February 21, 2021, from the beginning of the year, cryptocurrency investors said it’s no longer hype. The rally gave the impression the world’s most popular digital currency is past the area of vulnerability. Crypto bulls were ecstatic, because the digital asset is marching towards broader acceptance. Among the institutional giants that embraced Bitcoin were payment giants PayPal and Square. E...

Image source: Getty Images Despite the recent run-up in the Canadian stocks, I see multiple stocks trading cheaper and offering excellent value. Apart from trading cheaper, these stocks offer solid growth opportunities and are likely to deliver robust returns in the long term. Let’s delve deeper into the four top undervalued Canadian stocks you could consider buying right now. Scotiabank Scotiabank(TSX:BNS)(NYSE:BNS) stock has witnessed strong growth in the recent past tha...

Image source: Getty Images Several Canadian companies have been consistently paying dividends for a very long period. However, I have shortlisted three top TSX stocks that have the potential to maintain and uninterruptedly grow their dividends for a very long time. Thus, investors on the lookout for stocks that could generate a solid passive-income stream could consider buying these three stocks right now.  Moreover, I would recommend investors hold these stocks in a Tax-fr...

Enbridge While this stock had a rough run over the past year, the outlook for the second half of 2021 and beyond should be better. The rebound in oil prices and rising fuel demand bode well for Enbridge’s oil pipeline network. Enbridge is a major player on the oil side of the energy infrastructure sector, moving roughly 25% of all oil produced in Canada and the United States. Vaccination progress on COVID-19 should result in more travel as people book flights to go on trips and workers head b...

If you're worried about Bitcoin's volatility, you could consider diversifying into passive ETFs like the iShares S&P/TSX 60 Index Fund (TSX:XIU).

Investors with top dividend stocks in their portfolios continue to earn steady income irrespective of the volatility and uncertainty in the market. 

By now we’ve all heard the story about inflation: “Sure, prices will rise, but your salary will rise too, so it’s nothing to be concerned about.” Indeed, mild to moderate inflation can be healthy, a sign of economic growth. But there’s one group of people who do tend to get hit hard by inflation: Retirees. Many retirees live on fixed incomes. Specifically, pensions that are not indexed to inflation. Canada’s CPP is inflation-indexed, but it doesn’t pay much. Many employer-sponsor...

Image source: Getty Images Renewable energy stocks delivered exceptional returns in 2020. However, most of the top TSX renewable energy stocks reversed some of their gains and have witnessed a healthy pullback in the recent past, providing investors a solid opportunity to buy these high-growth stocks at the current levels.  I see significant upside in renewable energy stocks thanks to the growing emphasis on carbon footprint reduction. Meanwhile, growing adoption, declining...

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Headlines tend to be a good thing for any stock. However, the kind of headline attention  Enbridge(TSX:ENB)(NYSE: ENB) has gotten these days isn’t necessarily of the positive variety. The pipeline operator has been engulfed in a heated dispute with U.S. regulators of late over the company’s Line 5 project. This pipeline leg passes through Michigan and has received the thumbs-down from regulators south of the border. That said, Enbridge has continued to operate this pipeline in defiance of ...