Stocks and Investing
Stocks and Investing
The Top Canadian Stocks to Buy Right Away With $35,000
- Canadian stocks offering a deal are great, sure, but these are some to buy right away if you gain a windfall. The post The Top Canadian Stocks to Buy Right Away With $35,000 appeared first on The Motley Fool Canada.
The article from MSN Money discusses the top Canadian stocks recommended for investment with a budget of $35,000. It highlights several sectors and companies that are considered good buys due to their growth potential, stability, or undervaluation. Key mentions include:
Technology: Companies like Shopify (SHOP) are noted for their significant growth potential despite recent volatility.
Financials: Banks such as Royal Bank of Canada (RY) and Toronto-Dominion Bank (TD) are recommended for their stability and dividend yields.
Energy: Stocks like Canadian Natural Resources (CNQ) are favored due to the ongoing demand for energy and their strong balance sheets.
Healthcare: Companies like Chartwell Retirement Residences (CSH.UN) are suggested due to an aging population driving demand.
Consumer Staples: Loblaw Companies (L) is highlighted for its defensive nature, offering stability in various economic conditions.
The article advises diversification across these sectors to mitigate risk while capitalizing on Canada's economic strengths, suggesting that investors should consider both growth and value stocks to balance their portfolio effectively.
Read the Full MSN Article at:
[ https://www.msn.com/en-nz/money/topstories/the-top-canadian-stocks-to-buy-right-away-with-35-000/ar-AA1xOvDy ]
The article advises diversification across these sectors to mitigate risk while capitalizing on Canada's economic strengths, suggesting that investors should consider both growth and value stocks to balance their portfolio effectively.
Read the Full MSN Article at:
[ https://www.msn.com/en-nz/money/topstories/the-top-canadian-stocks-to-buy-right-away-with-35-000/ar-AA1xOvDy ]
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