Page 29 - Fool Canada News Today

These three Canadian stocks are trading at an attractive valuation and offer excellent value for long-term investors.

Shopify(TSX:SHOP)(NYSE:SHOP) is likewise underperforming (-8.55%). If the downward trend continues, should investors move to sectors that would fare better in an inflationary environment? Find ideal hedges against inflation The TSX started the week of May 10, 2021, strong before skidding in the next three trading days. Fortunately, the energy and financial sectors led a broad-based rally and enabled the index to climb 230.90 points to recover the losses. Philip Petursson, chief investment strat...

Bitcoin Collapses: Should Investors Buy the Dip? More on: Image source: Getty Images. Bitcoin took a serious tumble this morning, as the price of each token dropped 24% in a matter of hours. The cryptocurrency has now wiped off US$500 billion (CA$600 billion) in aggregate market value. This could have an impact on investors who hold cryptocurrency, Bitcoin mining stocks, and digital asset exchange-traded funds (ETFs).  It could also be an opportunity for new adopters and l...

Image source: Getty Images The energy sector and environmentalists have been at odds for decades. Sometimes this age-old conflict manifests as rallies and protests; other times (when environmental causes get official backing) it manifests in legal stand-offs. The problem is that despite the overwhelming evidence that fossil fuels are harmful to the environment, the world doesn’t have viable alternatives yet. The Enbridge vs. Michigan Enbridge’s Line 5, which is capable ...

Image source: Getty Images The lockdown resulted in a shift away from traditional retail the likes of which we haven’t seen, perhaps ever. Indeed, banks weren’t spared from this shift. Online banking surged during the pandemic, providing banks with yet another reason to get on the digitization train. The future of banking appears to be clearer than ever. And the pandemic seems to have accelerated a shift already in place. In this context, let’s look at one of the large...

Image source: Getty Images. Dogecoin and other cryptocurrencies are volatile. They’ve been competing with gold and precious metals for capital that goes to safe-haven assets. It appears it’ll be another down day for cryptocurrencies. If you like the space, buy some Dogecoin, Bitcoin, or other digital currency on the dip as a part of a diversified investment portfolio and forget about them. Right now, gold and precious metal stocks are on the move. And investors should hi...

Image source: Getty Images It’s been a rough couple of months for growth investors. High-priced growth stocks had a record-setting performance in 2020 but it’s been a different story this year.  Year to date, the broader market has more than doubled the returns of the tech-heavy Nasdaq Composite Index. High-growth tech stocks have had strong short-lived runs this year, but the recent sell-off in the tech sector has created panic in an expensive market.  Fundamentally,...

1 Top TSX Stock to Help You Retire Wealthy More on: Image source: Getty Images It is safe to say that most people, if not all, would like to retire healthy, wealthy, and happy. It is one thing to dream about retiring with a lot of money, but another thing to take steps to achieve it. Unless you can make the moves that can help you become a wealthy retiree, you can’t achieve the financial freedom you seek. The most common problem associated with failure to retire wealthy i...

Image source: Getty Images What a run it’s been for the Canadian bank stocks. After years of difficult macro conditions, they’re finally taking off. With rampant inflation and increased odds of faster-than-expected interest rate hikes, the big banks could be on the cusp of a major bull market that could propel them to even higher highs. For many beginner investors, it can be tough to imagine what things will be like in the early innings of an expansion. Canadian bank sto...

$10,000 in Emera Stock Could Return $456 in Dividends and $670 in Capital Appreciation More on: Image source: Getty Images Emera(TSX:EMA) is a utility company that services over 2.5 million customers across the Caribbean, the U.S., and Canada. Its customers include residential, commercial, and industrial clients. Over 95% of Emera’s earnings come from regulated operations and the quality and predictability of its earnings and cash flow are robust. With its stable and cons...