The TSX Index is hitting all-time highs, but are any cheap Canadian stocks left? Here are three top value stocks you can buy and hold for almost forever.
Over the past few weeks, the increase in volatility has gotten a lot of attention. Many
TSX stocks have recently seen pullbacks, so it’s crucial that investors buy the highest-quality stocks today.
Plenty of growth stocks have been losing their major valuations lately. Tech stocks have been selling off. Cryptocurrencies have also lost a lot of value. And even with the recovery lately, Bitcoin is still down roughly 30% in the last month.
There are a few reasons why volatility has picked up, whether it’s higher inflation or other macroeconomic headwinds the global economy is facing.
One way to counteract this uncertainty is to ensure your portfolio is filled with high-quality and stable stocks. The best investments during periods of uncertainty are in businesses that are defensive, dominate in their industries, and have great margins.