Looking for some security in your life? One way to get it is by buying a dividend stock that comes with secure passive income. I don’t just mean through dividends, but through returns as well. That’s why today we’re going to look at secure and stable dividend stock Manulife Financial (TSX:MFC). The company has proven its worth this year, and should continue to do so in the future. So let’s get into what makes it so great. About Manulife stock First let’s go over Manulife and what makes it such a great investment. Manulife is a leading Canadian-based financial services group with gl ..read more

TSX stocks have had a strong start in 2024, but many stocks have taken a hit lately. Several great quality stocks have fallen back to earth, which means now might be a good time to buy the dip. When you are a long-term investor, the best time to buy stocks is often when you have cash. But who doesn’t want to add to stocks when their valuations look attractive? If you want some quality TSX stocks on a pullback, here are four to consider adding to right now. A TSX transport stock for the decades Canadian National Railway (TSX:CNR) recently pulled back after it announced its first quarter res ..read more

For those seeking to outperform the market, investing in growth stocks tends to provide the sort of long-term upside that’s proven to outperform in good times. If this bull market continues, certain growth names such as Boyd Group Services (TSX:BYD) may be poised to continue rallying. And despite a recent dip, there’s plenty of optimism around, such as growth-by-acquisition plays, as a way to generate outsized returns. Let’s dive into why Boyd may be a solid option for growth investors to consider buying on this dip. Growth via acquisition is a strategy that works A top repair and auto body ..read more

The copper sector has been a silent but strong growth sector in the last year. Companies involved with copper have seen a surge in high demand for the product. And that demand isn’t going anywhere. Copper is a key material in renewable energy technologies like wind turbines, solar panels, and electric vehicle batteries. As the world transitions to cleaner energy sources, demand for copper is skyrocketing. Copper is also widely used in construction, electronics, and other industries. A strong global economy tends to lead to increased demand for copper across these sectors. Furthermore, there ..read more

When putting together this list of fabulous stocks for the goal of decades of passive income, here are some of the key criteria they must have. The dividend stocks must offer safe dividends. Since the goal is to generate meaningful passive income, these stocks must, as a group, offer a “high” dividend yield. They also trade at discounted if not fair valuations. Without further ado, here are five fabulous dividend stocks you can consider buying now for long-term passive income. Fortis stock Fortis (TSX:FTS) has one of the longest dividend growth streaks – 50 consecutive years to be exact! As ..read more

The generative artificial intelligence (AI) revolution is changing the world of work as we know it. Indeed, you may be turning to chatbots (or large language models) such as OpenAI’s ChatGPT for answers to your questions. Such informative AI bots may very well be the successor of the search engine as we know it. In any case, it’s really profound to think that the current version (or state) of today’s AI models is the least capable they’ll ever be. They’re already so helpful for so many tasks, ranging from questions about how to cook something to how to get one’s work done better and faster. I ..read more

Stocks have consistently outperformed many other assets, offering superior returns over the long term. Therefore, investors should invest a part of their savings into equities to meet long-term financial goals. While stocks deliver superior returns, not all are reliable bets. Therefore, one should consider shares of fundamentally strong Canadian companies with the potential to deliver durable revenue and profitable growth for decades. Against this backdrop, let’s delve into five Canadian stocks in which you can confidently invest $500 right now to generate ..read more

Looking to make some extra cash? Then look beyond a dividend yield. There are many companies offering soaring dividend yields, true. However, that’s not all that great if you’re looking at a dividend stock that’s barely made any returns. So today, let’s look at a dividend stock offering major value both because shares are down, but not out, and it provides that high dividend yield. Stock to consider It’s been quite the journey for investors in NorthWest Healthcare Properties REIT (TSX:NWH.UN). I should know, since I’ve been one of them. After investing in the stock for years, I w ..read more

Looking for extra cash? There are many dividend stocks out there, but not all of them offer the chance of high dividends as well as returns. If you only have $500 to spend on investing today, you want to invest in companies that offer value and passive income through dividends right away. This is why today we’re going to look at three dividend stocks that pay out monthly — companies that you can invest in at a deal as well. So, let’s get right into it. NorthWest  NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) is a publicly traded real estate investment trus ..read more

The TSX Composite Index hit a fresh all-time high of around 22,362 in April 2024 amid optimism surrounding upcoming interest rate cuts and better-than-feared economic conditions. While the market has seen a downward correction of late to currently trade about 2.8% lower from its record highs, the overall sentiment remains largely positive as the central banks in the United States and Canada gear up to ease their monetary stance. But if you’re looking to make next-level gains from stock investing, you should look beyond the broader market and focus on fundamentally strong individual growth s ..read more