Page 33 - Fool Canada News Today

Image source: Getty Images Elon Musk’s U-turn related to his view on Bitcoin should be an eye-opener for Dogecoin investors. Musk has repeatedly publicized the meme cryptocurrency, which has resulted in its terrific surge. In 2021, Dogecoin has risen by more than 10,000%! Dogecoin, Musk and Warren Buffett But do you really think these returns will sustain in the future? Also, whom would you follow as a financial expert, Elon Musk or legendary investor Warren Buffett? Musk ...

Canadian National Railway (TSX:CNR)(NYSE:CNI) shareholders got news to rejoice about, as Kansas City Southern (NYSE:KSU) stated that it would accept CN’s buyout offer. The news came after a months-long bidding war between CN Railway and  Canadian Pacific Railway (TSX:CP)(NYSE:CP), which saw the asking price for KSU rise substantially. In March, Canadian Pacific had a deal to buy Kansas City Southern all tied up. Unfortunately for CP, CN got wind of the deal, and outbid it. For a while, C...

If you are looking to invest in growth stocks that have lost momentum recently, you can consider BBTV Holdings(TSX:BBTV). This stock went public in October 2020 and is currently trading 50% below its record high. However, the pullback presents an amazing buying opportunity for growth and contrarian investors. An overview of BBTV Holdings BBTV provides online video influencers with audience monetization solutions, thereby allowing them to generate additional revenue for their content. The compa...

The S&P/TSX Composite Index is off to a good start in May 2021 and even closed at a record-high (19,472.70) on the first week. Irwin Michael, a portfolio manager at ABC Funds, said in February 2021 that he sees pent-up dividend increases over the next six to 12 months. Canadians with enough money can take the cue and start the trek towards $1 million. While the goal isn’t impossible, I should remind you that to pull it off, make the right investment choices and have a long investment horizon...

If Virtual Health Care Is the Future, Then This TSX Stock Is a Screaming Buy More on: Image source: Getty Images The telemedicine sector is red hot right now. Indeed, the innovation this sector provides has been necessary as a result of the pandemic. However, for those banking on the long term, this sector could be a great one to invest in right now. Pandemic-friendly stocks are selling off right now. For those who believe in a telemedicine-oriented future, now’s the time...

Image source: Getty Images Investors planning to reshuffle their portfolios amid resurgent virus and high volatility could consider buying dividend-paying stocks for consistent income. Notably, top Canadian dividend-paying stocks continue to generate strong cash flows and could consistently boost shareholder returns. Here are the three top  TSX dividend stocks that could offer regular dividend income and decent returns irrespective of wild market swings. Furthermore, their ...

If You’ve Got $2,000, Buy These 2 Stocks Now More on: Image source: Getty Images “It’s never too late to do the right thing.” The quote is just as valid for investment decisions as it is morally. And it’s something value investors need to understand. Many value investors tend to opt for relatively subpar assets just because they might have an attractive valuation. They give up on potentially explosive assets because they tend to be overvalued for their taste. Good...

Alternative Investment: What Are the Risks of Investing in Bitcoin? More on: Image source: Getty Images Bitcoin has suddenly come under the limelight. Some are criticizing it for the lack of regulation and the unprecedented growth. Warren Buffett even went ahead and called it a gambling device. But is Bitcoin a gamble or a form of investment? For this, you need to understand the nature of alternative investments. It is not every day you hear about alternative investments be...

Image source: Getty Images Are you toying with the idea of buying high-flying stocks as the TSX continues its surge? Two unexpected names are among the top performers in May 2021 and are attracting investors’ attention. Spin Master(TSX:TOY) are the surprise packages, given their stellar stock market performances. However, I wouldn’t rush into taking positions in either. In my view, the respective businesses aren’t stable enough to sustain the rally. Also, a slower econ...

The cryptocurrency market continues to be one of the hottest investment topics this year. On Wednesday, Tesla(NASDAQ:TSLA) CEO Elon Musk’s one tweet apparently wreaked havoc on the crypto market. In the tweet, Musk said that “Tesla has suspended vehicle purchases using Bitcoin.” He cited the “rapidly increasing use of fossil fuels for Bitcoin mining and transactions” as a reason for the electric carmaker’s latest decision. The Bitcoin prices nosedived by nearly 13% on May 12 to US$...