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Tue, February 11, 2025

Got $1,000? 2 Value Stocks to Buy and Hold Forever


Published on 2025-02-11 01:41:13 - MSN
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  • Here are two of the best Canadian value stocks you can buy today and hold for the long term. The post Got $1,000? 2 Value Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.

The article from MSN Money discusses two value stocks recommended for long-term investment with a modest investment of $1,000. Bank of Nova Scotia (TSX:BNS) is highlighted for its high dividend yield of 6.6% and its extensive operations in Latin America, which could offer growth potential despite recent economic challenges in the region. The bank's focus on international expansion and its strong financial position make it an attractive option for investors looking for both income and potential capital appreciation. Canadian Utilities (TSX:CU) is the other stock mentioned, known for its consistent dividend increases for over 50 years, making it a Dividend King. It operates in regulated and non-regulated energy infrastructure, providing stability and predictable earnings, which supports its ability to maintain and grow dividends. The article suggests that these stocks could be solid picks for investors seeking reliable income and long-term growth, especially in a diversified portfolio.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/top-stocks/got-1-000-2-value-stocks-to-buy-and-hold-forever/ar-AA1yLPJa ]
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