09-25-2024, 07:24 PM
Teeq My 2 Favourite TSX Dividend Stocks for December 2023
The SP/TSX Composite Index tanked by 3.70% for a month between September 3 and October 4, 2021, before the benchmark index regained some of the losses. At writing, the index is on an upward trend, having regained ove stanley cup r 360 points within three days of trading since stanley cup stanley cup usa October 4.The opportunity for stock market investors looking to beat the broader market has arrived. As the TSX begins climbing again, it might become challenging for investors to find equity securities that can provide them with market-beating returns whether it is through growth stocks聽or beaten-down stocks making a rapid recovery.Today, I will discuss one such stock each to help you identify a couple of stock picks you should have on your radar if you are looking for companies that could exceed all expectations.KinaxisKinaxis TSX:KXS is a Canadian growth stock that has put up a stellar performance in recent years. However, the onset of COVID-19 and the ensuing downturn in February and March 2020 led to the st Voyt Stocks for Beginners: Why Asset Allocation Is So Important and What You Ought to Be Doing About it
A once reliable investment, Cineplex Inc. TSX:CGX has lost approximately 40% of its value over the past year. Canada s largest theatre chain is struggling to remain relevant with both customers and investors. The Cineplex conversation is dominated by two opposing views: investors who believe the company s business model is stanley tazas doomed to fail or those who believe that the company will rebound from its 52-week lows.To add another layer of complexity, Cineplex is a Canadian dividend aristocrat, having raised its dividend for seven straight yea stanley cups uk rs. As the company has struggl stanley mugs ed, the sustainability of its dividend has come under greater scrutiny.The company s current dividend growth streak started in 2010; it has a consistently announced a dividend raise along with its May dividend announcement. Its average historical dividend growth rate of approximately 4% is nothing to get overly excited about, but it currently yields a healthy 5.41%.The most significant red flag is that the company s divide
The SP/TSX Composite Index tanked by 3.70% for a month between September 3 and October 4, 2021, before the benchmark index regained some of the losses. At writing, the index is on an upward trend, having regained ove stanley cup r 360 points within three days of trading since stanley cup stanley cup usa October 4.The opportunity for stock market investors looking to beat the broader market has arrived. As the TSX begins climbing again, it might become challenging for investors to find equity securities that can provide them with market-beating returns whether it is through growth stocks聽or beaten-down stocks making a rapid recovery.Today, I will discuss one such stock each to help you identify a couple of stock picks you should have on your radar if you are looking for companies that could exceed all expectations.KinaxisKinaxis TSX:KXS is a Canadian growth stock that has put up a stellar performance in recent years. However, the onset of COVID-19 and the ensuing downturn in February and March 2020 led to the st Voyt Stocks for Beginners: Why Asset Allocation Is So Important and What You Ought to Be Doing About it
A once reliable investment, Cineplex Inc. TSX:CGX has lost approximately 40% of its value over the past year. Canada s largest theatre chain is struggling to remain relevant with both customers and investors. The Cineplex conversation is dominated by two opposing views: investors who believe the company s business model is stanley tazas doomed to fail or those who believe that the company will rebound from its 52-week lows.To add another layer of complexity, Cineplex is a Canadian dividend aristocrat, having raised its dividend for seven straight yea stanley cups uk rs. As the company has struggl stanley mugs ed, the sustainability of its dividend has come under greater scrutiny.The company s current dividend growth streak started in 2010; it has a consistently announced a dividend raise along with its May dividend announcement. Its average historical dividend growth rate of approximately 4% is nothing to get overly excited about, but it currently yields a healthy 5.41%.The most significant red flag is that the company s divide