Page 44 - Fool Canada News Today

The first-quarter earnings season is in full swing now. TSX stocks at large are close to their record levels amid the better-than-expected earnings so far. Interestingly, markets could continue to soar higher, driven by economic recovery and re-opening hopes. Here are three top TSX stocks you can consider investing in for the long term. Magna International A leading mobility company Magna International(TSX:MG)(NYSE:MGA) reported its first-quarter earnings today. Its net profits increased to U...

Ethereum is rapidly closing in on Bitcoin’s market cap. According to Coinmarketcap.com, Ethereum is now worth US$392 billion compared to Bitcoin’s US$1 trillion. At this rate, ETH would need to rise about 156% in order to catch up with Bitcoin — if the price of the latter doesn’t change. It was never guaranteed that Bitcoin would remain the world’s largest crypto forever. With faster transactions and more versatile use cases, ETH is arguably the “better” cryptocurrency. Still, th...

There are plenty of top TSXreopening stocks out there. It’s  these names and not the tech darlings of 2020 that could lead the upward charge into year’s end. Enter Restaurant Brands International(TSX:QSR)(NYSE:QSR), a Canadian fast-food behemoth I recently purchased more shares of amid recent weakness. The company recently served up a solid quarter, yet, like so many other firms that crushed estimates can’t seem to sustain a rally. Has the stock market hit a peak such that not even blo...

You will rarely see anyone saying no to a dividend stock like  Enbridge (TSX:ENB)(NYSE:ENB). It has become North America’s largest pipeline operator. Many sing the glory stories of the perfect the toll-road model of Enbridge. It builds pipelines and collects money from utilities for letting them transmit oil and natural gas through the pipelines. But building pipelines is no longer easy, as there are environmental concerns. In this changing scenario, what do the next five years hold for Enb...

The broader market has started May on a strong note, as the TSX Composite Index has risen by 1.1% in the first few days of the month. However, most Canadian technology stocks are witnessing a downside correction this month. Let’s take a look at two fundamentally strong tech stocks that you can buy on a dip in May 2021. These tech stocks could help you get handsome returns in the long term. Lightspeed POS stock Lightspeed POS(TSX:LSPD)(NYSE:LSPD) is a Montreal-based enterprise software firm. ...

Sienna Senior Living(TSX:SIA). Their business models are low growth, yet both are fixtures in their respective industries or sectors. Dividend seekers love them because the dividend yield is at least 6.4%. Portfolio sweetener Rogers Sugar’s involvement in sugar and sweetener production dates back to 1890. Sugar is a low-growth business, but you can go long on the consumer-defensive stock because the product is a consumer staple. Its long-standing partner, Lantic, is in refinery operations sin...

Alimentation Couche-Tard Inc. (TSX:ATD.B) is a wonderful Canadian company whose shares are currently at a wonderful price.

2 Undervalued Gems To Add To Your Collection More on: Image source: Getty Images While it may not be an apt analogy, there might be a correlation between shopping and buying stocks. When you are out in the market looking for some discounted goods, you don’t want to buy the most discounted item; you want to buy something that you need or want at a discount. There is a big difference between the two. Similarly, when you are looking for undervalued stock, you don’t just wa...

Millionaire by retirement: Regularly investing a small amount evens out the timing risk and dominates the volatility.

Image source: Getty Images Long-term investing is the perfect strategy for people who are more than two decades away from retirement. Canadians are fortunate, because they have a natural home for long-term savings. The Tax-Free Savings Account (TFSA) is the most flexible investment account by far in the country. Your TFSA is the only place where you can hold interest-bearing or income-producing investments and be free of taxes for life. If growing a nest egg or retirement fu...