Stock Advisor Canada

 Telus Stock Prediction 2025 The stock price of Telus Corporation (TSE) has a positive outlook for the next few years, with several analysts forecasting significant growth. By mid-2025, Telus's stock price is anticipated to exceed $25. Current Telus Stock Price : 21.59 CAD as of June 22,2024 Telus Stock Prediction for 2025:  Can Hit More Than $25 Before Mid of 2025 Should You Buy Telus Stock in 2024? Canadian Stocks on the Rise Canadian stocks have been rising this year, supported by solid quarterly performances at prominent companies and an improving macro environment, with inflation showing signs of easing. The TSX S&P Composite Index is up 2.7%.  However, several economists predict the global economy will slow down this year due to monetary tightening. The ongoing geopolitical tensions could also hurt economic growth. So, equity markets could be volatile in the near term. Analyst Projections The average 12-month price target for Telus is around $25.67, with estimates ranging

 Air Canada Stock Price Prediction 2025 Current Air Canada Stock Price: 17.67 CAD Air Canada Stock Price Prediction for 2025: Can Hit More Than $35 Before Mid of 2025 In This Article, we will discuss the ins and outs of Air Canada Stock Prediction 2025. How and Why?  Air Canada's recent financial results have sparked hopes for a recovery, but the airline industry's future remains uncertain due to the ongoing pandemic. Despite Warren Buffett's exit from airline stocks in 2020, Air Canada's latest earnings suggest a potential return to profitability by 2025. However, two possible scenarios exist: continued recovery or another lockdown. Scenario 1: Continued Recovery Air Canada's passenger revenue surged 223% in the third quarter due to pent-up demand, and the airline expects business travel to rebound in 2022. If this trend continues, Air Canada might not need bailout money, and shareholders could see the stock reach $40. Scenario 2: Another Lockdown The pandemic'

Remember to consider your financial goals, risk tolerance, and investment horizon before making any investment decisions. Diversifying your portfolio and staying informed about market trends are also key principles for successful investing. Here are 3 Canadian stocks for beginners to invest in 2024. 1.  Canadian National Railway (TSX: CNR) Price: $165.67 For newcomers to the investment scene, it's worth exploring the option of acquiring stocks in the Canadian National Railway ( TSX: CNR ). As one of North America's largest railway operators, CNR has a vital role in transportation, making it a stable choice. As the largest railway company in Canada, Canadian National Railway boasts an extensive network spanning nearly 33,000 km of track, connecting regions from British Columbia to Nova Scotia. Notably, the company has expanded its operations into the United States, efficiently transporting goods as far south as Louisiana. You may also like: Looking Glass Labs Stock Price Predict

Investors seeking opportunities in the Canadian banking sector are confronted with a significant decision - choosing between Bank of Nova Scotia (BNS) and Canadian Imperial Bank of Commerce (CIBC) stocks. Both have experienced declines from their peak values two years ago, raising questions about their current standing and potential for growth. In this analysis, we will delve into the key factors affecting these stocks, evaluating their financial health, risk factors, and growth prospects. Current Stock Performance Bank of Nova Scotia (BNS) At present, BNS is trading at approximately $63 per share, showing an improvement from its low of $55 in late October. However, it remains below the $93 peak reached after the pandemic crash. The decline is primarily attributed to the impact of rising interest rates in both Canada and the United States, causing investors to exit bank stocks due to concerns about sustained high rates. This has prompted a pessimistic outlook on the economy, with fears

In the ever-evolving landscape of the stock market, tech stocks are once again dominating the scene, led by mega-cap tech giants. Despite concerns about potential market corrections, we firmly advocate for serious investors to consider the creation of a strategic watchlist, coupled with carefully chosen entry prices. While the current market may appear slightly overheated, especially in the realm of U.S.-based mega-cap tech behemoths, there exist promising opportunities in other sectors, such as lower-tech plays and less-obvious forays into artificial intelligence (AI). Nuvei: Unmasking a Fintech Gem Current stock price: $24.72 Our first contender in the realm of growth stocks is Nuvei ( TSX: NVEI ), a Canadian fintech firm that has recently caught our attention. Despite experiencing a substantial dip from its all-time high in late 2021, Nuvei has displayed signs of resurgence, witnessing a commendable 67% uptick from its October 2023 lows. While the inherent riskiness may deter some i

In the realm of Canadian investments, monthly dividend stocks offer a unique allure, providing a steady income stream for investors. In this comprehensive guide, we delve into the intricacies of the top monthly dividend-paying stocks, surpassing the conventional approach and introducing you to unparalleled opportunities for stable cash flows. Savaria (TSX: SIS): A Pioneer in Mobility Products Savaria stands at the forefront of manufacturing mobility products, capitalizing on the booming industry driven by Canada's aging population. With a market capitalization exceeding $1 billion, Savaria boasts impressive growth potential. The company, a Canadian Dividend Aristocrat with a decade-long dividend growth streak, exhibits resilience in the face of challenges. Key Metrics and Outlook: Dividend Growth : Savaria has consistently increased its annual dividend, showcasing a compound annual growth rate of nearly 9%. Financial Health : Despite a temporary slowdown in dividend growth post th