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3 Top Dividend Stocks Yielding 5-7% for TFSA Income Investors fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
Image credit: Photo by CIRA/.CA. Tax-Free Savings Account (TFSA) income investors have a number of top high-yield stocks to choose from today that offer great dividends and a shot at big capital gains. Why Power Corp stock deserves to be on your buy list Power Corp(TSX:POW) trades at its 12-month high, but still offers an attractive 5.6% dividend yield. This holding company has investments in a number of top Canadian insurance and wealth management firms, including publicly-traded subsidiaries Great-West Lifeco and IGM Financial. These businesses are home to a number of well-known names in the industry. Canada Life, IG Wealth Management, Mackenzie Investments, and Investment Planning Counsel are just a few. ....
The meteoric rise of Tesla(NASDAQ:TSLA) over the past year fuelled a wave of investor interest in EV stocks. The EV sector is full of newcomers hoping to deliver the same success Tesla achieved. Some will grow to become very successful companies; others will fail and disappoint investors. Betting on start-ups can result in huge gains if you get the timing right and choose the eventual winners. Unfortunately, nobody knows which stocks will be the next Tesla. In fact, Tesla CEO Elon Musk even said last December his company was about a month from filing for bankruptcy during a tough period between 2017 and 2019. Today, Tesla has a market capitalization of roughly US$775 billion. ....