3 Cheap TSX Stocks to Buy as the Canadian Market Continues to Rally

Amid the optimism over a 50 basis point interest rate cut by the United States Federal Reserve and expectations of further monetary easing initiatives, the Canadian equity markets have witnessed healthy buying last month, with the S&P/TSX Composite Index rising 3%. Meanwhile, the index is up 14.4% this year. Here are three stocks trading at Continue reading

2 High-Yield Dividend Stocks That Are Screaming Buys Right Now

The TSX Composite Index jumped by 9.7% in the third quarter of 2024, delivering its best performance in more than four years. With stocks trading near their all-time highs, many investors might feel that the opportunity to find undervalued assets has passed. However, many high-yield dividend stocks still offer a reliable way to generate passive Continue reading

This 8.3% Dividend Stock Pays Cash Every Single Month

When searching for monthly dividend stocks, it’s wise to focus on sectors known for their stability and consistent income. Here are three sectors to consider: Real Estate Investment Trusts (REITs) REITs are a top choice for monthly dividends because they collect regular rent from tenants. This reliable income stream allows many REITs to distribute monthly Continue reading

Is Canadian Natural Resources Stock a Good Buy?

Canadian Natural Resources (TSX) stock has long been a favourite among investors seeking both passive income and capital growth in the energy sector. As we look ahead to 2025 and beyond, there are several compelling reasons why CNQ stock continues to stand out as an attractive investment option. Canadian Natural Resources Stock: A Legacy Built Continue reading

7.53% Dividend Yield? I’m Buying This Passive-Income Stock Powerhouse in Bulk!

Investing in dividend-paying stocks can feel like nurturing a money tree. When you choose reliable options, those regular payouts accumulate over time. With a bit of patience, the magic of compounding kicks in. Reinvesting those dividends allows you to build a steady stream of passive income, making it seem like your investments are working overtime Continue reading

NVIDIA (NASDAQ) Is Officially Falling Out of Favor with Billionaires

In the last 12 months, some of the biggest supporters of NVIDIA have sold their shares. Key figures include: Why Are Investors Selling NVIDIA? Despite being a monopoly in the booming generative artificial intelligence (AI) sector, NVIDIA’s stock is seen as extremely overpriced. Currently, it trades at 55 times earnings and 30 times sales. Compared Continue reading

The Extra $7,000 Added to Your Tax-Free Savings Account (TFSA) in 2024 is a Golden Opportunity!

If you invest it wisely, say in dividend stocks averaging a 5% yield, that could mean an extra $350 in tax-free income each year. Over 10 years, assuming a modest 6% annual return, that $7,000 could grow to nearly $12,500 without any taxes to worry about! It’s like a little bonus from the government that Continue reading

Is Brookfield Asset Management Stock a Buy for its 3.2% Dividend Yield?

Brookfield Asset Management (TSX), a leading global alternative asset manager, currently offers a dividend yield of approximately 3.2%. But is this yield sufficient to classify BAM as a worthwhile investment? While this yield may imply a slight overvaluation—having ranged from about 2.9% to 3.8% over the last 12 months—it’s essential to delve deeper into the Continue reading