What are some good Canadian stocks to buy?

Best TSX Stocks To Buy Right Now

  • TELUS Corporation (TSX:T.TO) TELUS Corporation (TSX:T.TO) is a communications and information technology firm.
  • TFI International Inc. (TSX:TFII.TO)
  • Parkland Corporation (TSX:PKI.TO)
  • Goeasy Ltd.
  • Algonquin Power & Utilities Corp.

What is the best stock company in Canada?

What are the top 5 Canadian dividend stocks?

  • Enbridge Inc. (TSX: ENB.TO), with 6.25% yield.
  • CIBC (TSX:CM.TO), with 5.76% yield.
  • Keyera Corp (TSX:KEY), with 5.58% yield.
  • TransAlta Renewables (TSX:RNW), with 5.27% yield.
  • Granite REIT (TSX:GRT. UN), with 3.57% yield.

What are the best dividend stocks to buy in Canada?

In Canada, some top dividend stocks include: Procter & Gamble Pembina Pipeline Brookfield Infrastructure Partners Fortis Inc. Polaris Infrastructure [KevelPitch/] Check back here for the most up to date information about dividend stocks in Canada.

What are the best Canadian penny stocks?

10 of the Best Penny Stocks in Canada to buy now

  • 5NPlus (VNP)
  • American Lithium Corp (LI)
  • CloudMD Software & Services (DOC)
  • Drone Delivery Canada (FLT)
  • Exro Technologies (EXRO)
  • Good Natured Products (GDNP)
  • Hight Tide (HITI)
  • Numinus Wellness (NUMI)

Is Enbridge a good buy?

There’s no question Enbridge is an excellent stock and one of the best companies you can buy for your portfolio. What’s so attractive about Enbridge is that even if the energy industry weren’t seeing significant tailwinds like it is today, it would still be an excellent investment and a stock you can count on.

What are penny stocks in Canada?

Canada Penny Stocks: Can You Get Rich?

  • Penny stocks are small companies whose market capitalization is between $50 and $300 million (aka a micro-cap company) and whose stocks trade for $5 or under.
  • To understand why, consider the most common way penny stock investors make money: short-term gains.

Where should I invest 20K right now?

4 ways to invest 20K

  • Max out your retirement accounts. It’s never too early — or late — to plan for retirement.
  • Let a robo-advisor do the work. So you’ve got your retirement accounts maxed, but you want someone to manage that money?
  • Consider a brokerage account.
  • Align your investments with your values.

Is Suncor a buy?

Suncor Energy is a buy, but be prepared to turn if oil prices peak, Jim Cramer says. CNBC’s Jim Cramer on Friday advised investors to pick up shares of Canadian oil producer Suncor Energy, but only if they’re confident oil prices will stay elevated.

What are the best Canadian stocks to buy now?

Nuvei ( TSE:NVEI) continues to move up on this list of top Canadian stocks to buy, and is one of Canada’s newest IPOs. The company went public in August of 2020 and its share price has performed quite well.

How do I invest in Canadian stocks?

To invest in any of these stocks, you’ll need a brokerage account. Compare online stock trading platforms below and click “Go to site” to get started. Get 2 free stocks (total value up to $9,000) when you deposit and trade $150. Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple Trade.

Is the Royal Bank of Canada (Ry) a good stock to buy?

Considering this list is primarily made for growth stocks, it did feel somewhat weird including The Royal Bank of Canada ( TSE:RY ). However, this Canadian bank stock is simply too good right now to not be included on a list of the best stocks to buy in Canada.

Should you build a Canadian dividend stock portfolio?

Those that can grow their dividends through a recession or two have what it takes to stay consistent. This Canadian dividend stock list should be your starting point for building your portfolio.