Page 47 - Fool Canada News Today

Image source: Getty Images Banks have proven they’re a great place to be right now. Indeed, few investors would have thought this to be the case one year ago. Fast forward a year later, and everyone’s piling into this trade. Indeed, the reopening thesis remains strong with large banks right now. The wave of stimulus we’ve seen from global central banks has improved the credit outlook for consumers. For banks, this is a great thing. Toronto-Dominion Bank (TSX:TD)(NYSE:T...

3 Reasons to Buy REITs Instead of Real Estate More on: Image source: Getty Images Some people become real estate millionaires, even if they don’t own real estate. Not everyone is cut out to be landlords or manage individual properties. However, they can still receive rental-like income. Real estate investment trusts (REITs) are alternative investments to create wealth in the real estate sector. Warren Buffett, for instance, rarely invests in real estate. The value investo...

Image source: Getty Images TFSA investors who’ve yet to put their $6,000 contribution to work should look to scale into a position now, rather than waiting for a correction that may not strike until investors least expect it. People keep going on about how expensive the stock market is, but Enbridge(TSX:ENB)(NYSE:ENB) is a bargain that I think ought to be scooped up in May 2021, as value stocks shine. The stock sports a juicy 7% yield. The handsome dividend payout is real...

Image source: Getty Images The Canadian equity markets have opened weak today, amid reports of Canada’s trade balance shifting to a deficit in March after reporting a trade surplus in the previous two months. Its trade deficit came in at $1.1 billion against analysts’ expectation of $700 million of trade surplus. Amid the rising volatility and low-interest environment, investors could buy high-quality dividend stocks to earn stable passive income and stabilize their port...

Image source: Getty Images The average long-term market rate of return is about 7%. So, it’s extraordinary that these three TSX stocks have at least 40% upside potential over the next 12 months! Like gold or silver? All the money printing around the world is making fiat currencies like Canadian dollars and U.S. dollars worth less. This, in turn, should make gold and silver worth more. Investing in Wheaton Precious Metals(TSX:WPM)(NYSE:WPM) has consistently outperformed h...

Image source: Getty Images Despite the fluctuations in the stock market, I expect the uptrend in top TSX stocks to continue, as the structural shift in selling models towards the omnichannel platforms, revival in consumer demand, and economic expansion provide a solid underpinning for growth.  We’ll focus on two TSX-listed stocks that have delivered stellar returns over the past several years and are likely to outperform the broader markets by a significant margin in the...

According to the State of Michigan,  Enbridge (TSX:ENB)(NYSE:ENB) has nine days to shut down Line 5. This is potentially a very big deal. Line 5 ships 540,000 barrels of oil a day out of Enbridge’s three million a day total. If Line 5 were shut down, it would cost Enbridge a lot of revenue. However, it’s not likely to actually happen — at least not soon. In this article, I’ll explain why that’s the case. Enbridge says Michigan lacks authority One reason why Enbridge is unlikely to sh...

Bitcoin Is Falling: Should You Buy the Dip? More on: Image source: Getty Images The price of Bitcoin fell below the US$50,000 mark on April 25, 2021. The broader cryptocurrency market lost considerable momentum in the latter half of April. Many retail investors may have seen substantial losses due to the decline, as many investors flocked to cryptocurrencies after a strong run throughout 2020 and until now in 2021. Bitcoin is back up to the US$54,000 mark at writing. Howeve...

Facedrive(TSXV:FD) are potential winners.  Each one could turn a $500 investment today into $5,000 in the medium to long term. The respective businesses are showing great promise in 2021. Dramatic growth on the horizon B2Gold is one of the actively traded TSX stocks lately despite the 15% year-to-date loss. The $6.33 billion company from Vancouver, Canada, is a low-cost international senior gold producer. It was established in 2007 and is now operating gold mines in Mali, Namibia, and the Ph...

Image source: Getty Images Don’t let the slew of market crash and correction warnings deter you from buying cheap Canadian dividend stocks that exist today. Even if we are on the cusp of a painful stock market correction, many undervalued TSX plays are more than capable of holding their own, outperforming the rest of the pack for the rest of 2021. At this juncture, I think great Canadian value stocks are the way to go. Although the rate scare seems to have been left behind...