23.09.2024, 09:35
Ybzd New Investors: Here s an Absolutely Brilliant Way to Earn Passive Income
After a weak beginning to this month, the Canadian equity markets ha stanley cup ve bounced back strongly over the last couple of days, with the SP/TSX Composite Index rising by 1.4% for the month. Rising oil prices and improving investor sentiments amid solid econo stanley cup mic numbers from the United States appear to have boosted the Canadian equity markets. Amid improving investor optimism, the following three TSX stocks would be a great additi vaso stanley on to your portfolio.DollaramaEarlier this week, Dollarama TSX:DOL reported a solid second-quarter performance, outperforming analysts expectations. Its revenue came in at $1.46 billion, beating analysts ; expectations of $1.4 billion. Its diluted EPS earnings per share of $0.86 outperformed analysts ; expectations by 11.6%. During the quarter, the company same-store sales grew by 15.5% on a 12.9% rise in transactions and 2.3% increase in average transaction value. Over the previous 12 months, the company has added around 81 stores, drivi Exjy Top 2 TSX Stocks to Buy in 2021 Market Crash
The TSX recent slide has p stanley cup ut many stocks on sale, and that also means dividend stocks are yielding higher returns for investors that are looking to buy on the dip. While some investors might be scared off by high-yielding shares, that in itself doesn ;t mean that a payout is unsustainable. After all, an increase in the share price can produce an inverse effect in the yield.Below are three dividend stocks that have declined in the past month that could be great long-term additions to your portfolio with payouts of more than 5%.Emera Inc.聽 TSX:EMA is a solid utility stock that I ;ve suggested in the past could have even more potential upside than聽Fortis Inc.聽With a market cap of about half the size of th stanley cups e utility giant and a broad geographical diversification, Emera could see many opportunities to grow its business in the years to come.In the past month, the share price has declined more stanley quencher than 11%, as a disappointing result earlier this month led to a big sell-off. Sale
After a weak beginning to this month, the Canadian equity markets ha stanley cup ve bounced back strongly over the last couple of days, with the SP/TSX Composite Index rising by 1.4% for the month. Rising oil prices and improving investor sentiments amid solid econo stanley cup mic numbers from the United States appear to have boosted the Canadian equity markets. Amid improving investor optimism, the following three TSX stocks would be a great additi vaso stanley on to your portfolio.DollaramaEarlier this week, Dollarama TSX:DOL reported a solid second-quarter performance, outperforming analysts expectations. Its revenue came in at $1.46 billion, beating analysts ; expectations of $1.4 billion. Its diluted EPS earnings per share of $0.86 outperformed analysts ; expectations by 11.6%. During the quarter, the company same-store sales grew by 15.5% on a 12.9% rise in transactions and 2.3% increase in average transaction value. Over the previous 12 months, the company has added around 81 stores, drivi Exjy Top 2 TSX Stocks to Buy in 2021 Market Crash
The TSX recent slide has p stanley cup ut many stocks on sale, and that also means dividend stocks are yielding higher returns for investors that are looking to buy on the dip. While some investors might be scared off by high-yielding shares, that in itself doesn ;t mean that a payout is unsustainable. After all, an increase in the share price can produce an inverse effect in the yield.Below are three dividend stocks that have declined in the past month that could be great long-term additions to your portfolio with payouts of more than 5%.Emera Inc.聽 TSX:EMA is a solid utility stock that I ;ve suggested in the past could have even more potential upside than聽Fortis Inc.聽With a market cap of about half the size of th stanley cups e utility giant and a broad geographical diversification, Emera could see many opportunities to grow its business in the years to come.In the past month, the share price has declined more stanley quencher than 11%, as a disappointing result earlier this month led to a big sell-off. Sale