3 Canadian Telecom Stocks Available at Significant Discounts
Canada’s telecommunication stocks have taken a beating in 2024, falling to multi-year lows as the sector has grappled with setbacks. Tighter regulation, intense competition, and a slowdown in new subscribers, driven partly by tighter immigration policy, have been a considerable drag on performance. Nevertheless, the rout has created a significant price-to-fair-value gap for some of […]
Strategies Behind the Success of This High-Performing Dividend Fund
While 2024 has been good for stocks in general, it’s been a particularly strong year for the C$6.1 billion Bronze-rated TD North American Dividend Fund. With top holdings that include artificial intelligence plays Nvidia NVDA and Broadcom AVGO, as well as Canadian banks that have posted big returns, TD North American Dividend Fund F has […]
Is the Small-Cap Stock ‘Trump Bump’ Here to Stay?
Donald Trump’s victory in the US presidential election sparked another record-breaking rally in the stock market, and smaller-capitalization stocks led the charge. The Morningstar US Small Cap Index returned 6.7% last week—its best weekly performance so far this year—while the broader market returned a little less than 5% and large-company stocks—which have been leading the […]
Gold Prices Climb 2% After Goldman Sachs Reaffirms $3,000 Forecast
Bullion posted its steepest weekly drop in more than three years last week as Trump’s proposed tariffs are seen as potential drivers of inflation, which could prompt the Fed to slow its rate-cutting pace. Given the potential for his policies to be inflationary, about half of swaps traders expect there will probably be a Fed […]
Three Canadian Telecom Stocks Available at Significant Discounts
Canada’s telecommunication stocks have taken a beating in 2024, falling to multi-year lows as the sector has grappled with setbacks. Tighter regulation, intense competition, and a slowdown in new subscribers, driven partly by tighter immigration policy, have been a considerable drag on performance. Nevertheless, the rout has created a significant price-to-fair-value gap for some of […]
Gold Dims as Trump Secures Decisive Victory
“When people get really interested in gold is when nothing else is working,” said Rob Haworth, senior investment strategy director at US Bank. “Equities are working well; you’re even seeing solid returns for low-quality corporate credit. So you’re less likely to seek out alternative sources of portfolio growth.” Gold’s slide is a marked turnaround for […]
Reasons for Downgrading AGF Global Select
Morningstar has downgraded its People Rating on AGF Global Select to Average from Above Average. Lead manager Tony Genua will step off the fund and retire from the firm on Nov. 30, 2024. Genua has over 30 years of industry experience and has managed a variety of global and US equity strategies at AGF, including […]
Top Hydrogen Stocks for a Sustainable Future
Hydrogen will play a key role in the energy transition, as a clean energy source that helps industry to decarbonize. Despite the hype, hydrogen investors have suffered setbacks in recent years, and the sector continued to lag the broader market this year. It’s unclear how the new US administration under President-elect Donald Trump will handle […]
Ecuador Court Approves Silvercorp and Salazar’s El Domo Project
Silvercorp acquired a majority stake in July when it bought Adventus Mining in an all-stock deal valued at C$200 million ($146m). Adventus had previously partnered with Salazar to advance the project. Salazar retains a 25% stake in the project, carried to production, while Silvercorp holds the balance and leads development. The ruling removes the last […]
Maximizing Your RRSP Opportunities: A Guide
It’s a misconception that a registered retirement savings plan, or RRSP, is a product that’s marketed by banks, fund companies, and other financial institutions. In fact, it is a legal structure that lets you hold a range of investments issued by any number of institutions. The most basic type of RRSP investment is a cash […]