Page 40 - Fool Canada News Today

Gildan Activewear (TSX:GIL)(NYSE:GIL) continue to be excellent defensive options for investors today. Indeed, this company appears to be well positioned to make a strong recovery following a decline in sales in 2020. Here’s why I think this essentials stock should be on investors’ radar today. Strategic moves have positioned this company well Gildan is in a relatively simple business. The maker of essentials such as t-shirts and undergarments has continued to be a sector most investors have...

Image source: Getty Images The broader stock market looks expensive right now but investors can still find undervalued top Canadian dividend stocks that pay attractive yields. TC Energy TC Energy(TSX:TRP)(NYSE:TRP) operates natural gas transmission, gas storage, power generation, and oil pipeline assets in Canada, the United States, and Mexico. The company has a $20 billion secured capital program through 2024 and has $7 billion in projects under development. TC Energy gets ...

Image source: Getty Images Even if you are an aggressive investor, it makes sense to have some exposure to stable dividend stocks. They offer reliable passive income while providing portfolio stability during market weaknesses. Notably, investors can consider rebalancing their exposure to some of the best Canadian dividend stocks, as markets linger around all-time highs. Here are three of them that offer juicy yield and reliable dividends for the long term. Fortis Fortis(TSX...

Image source: Getty Images The TSX isn’t as hot as Canada’s housing market, but stocks are gaining a lot of ground in Q2 2020. Some investors will take profits while the index is up nearly 12% year to date. But if you want higher returns, now is the time to pick up the right stocks. BlackBerry (TSX:BB)(NYSE:BB) had a forgettable 2020. However, both have promising business outlooks this year and beyond. The companies appear undervalued, too, and the stocks should seek the...

Image source: Getty Images. Many pundits agree that the stock market is getting a tad on the frothy side. Numerous metrics, including the CAPE ratio and the Warren Buffett Indicator, are at exorbitant highs. Regardless, I think that such metrics ought to be taken with a grain of salt in the current market environment. They’re great supplements to any analysis, but they’re not a crystal ball that can help investors time the markets over the near to medium term. Nobody, no...

Image source: Getty Images TC Energy(TSX:TRP)(NYSE:TRP) is one of the largest midstream oil and gas companies in North America. It reported its results for the first quarter of 2021. The numbers were solid, but the effects were tempered after U.S. president Joe Biden canceled the Keystone XL pipeline permit, causing a hit to the company. Solid Q1 of 2021 TC Energy reported a net loss of $1.1 billion thanks to the asset impairment charges related to the formal suspension of ...

Image source: Getty Images You might have noticed that Dogecoin has been getting a lot of attention lately. The cryptocurrency has risen more than 10,000% so far this year (as of this writing), driven by heavy social media promotion by people like Elon Musk and Mark Cuban. Right before Musk’s recent Saturday Night Live appearance, DOGE rallied, possibly in anticipation of him mentioning it in his monologue. No doubt, these have been interesting developments. But Dogecoin i...

AutoCanada(TSX:ACQ) are two Canadian stocks you might want to consider buying this month as they are very cheap. Indeed, these two stocks have a price/earnings to growth ratio (PEG ratio) under 1, which means they are undervalued. Let’s look at these two cheap stocks to buy in May in more detail. Premium Brands Holdings Premium Brands Holdings is a leading food processor stock. The company owns popular brands like Deli Chef, Harvest Meats, Piller’s, Freybe, and Expresso. It is a strong comb...

Air Canada (TSX:AC) Stock: Buy the Dip? More on: Image source: Getty Images. Air Canada (TSX:AC) stock has been trending down over the past month. On April 7, it was worth $27.65. On May 6, it closed at $23.95. That’s a 13.38% decline. Despite that, Air Canada is nowhere near the lows it reached in 2020. In March of that year, it went as low as $12.4. So, the stock has still been a huge gainer for those who bought at last year’s lows. Could these more recent lows repre...

Air Canada stock is hovering around $25 per share, which seems to be the new center point for the stock, and it’s difficult to say when the stock will break free.