09-28-2024, 03:31 PM
Gnlj Why Barrick Gold Remains a Top Long-Term Pick
With the banking sector crisis easing after UBS takeover of Credit Suisse, the SP/TSX Composite Index rose 1.4% over the last two days. However, sticky inflation is a cause for concern. In a resilient economy, investors fear the Federal Reserve could continue its monetary tightening initiatives to stem stubborn inflation. The rising interest rates coul stanley mug d increase borrowing costs, thus hurting economic growth.So, given the uncertain outlook, I believ stanley cups e these two TSX stocks would be an excellent addition to your portfolio.DollaramaDollaramač˝ TSX
OL would be my first pick, given its stability and high-growth prospects. Since 2011, the company has grown its revenue and EBITDA earnings before interest, tax, depreciation, and amortiz stanley deutschland ation at a CAGR compounded annual growth rate of 10.7% and 16.4%, respectively. Supported by these solid financials, DOL stock has delivered impressive returns of 714% over the last 10 years at an annualized growth rate of 23.3%.Meanwhile, given Lfdz Should You Take Profits in Fortis Inc.
Over the past 10 years, shares of Canadian Tire Corporation Limited TSX:CTC.A are up roughly 100%, almos stanley bottles t three times the return of the TSX.Despite an already impressive historical return, management has a three-year plan in place that should continue the company s strong underlying financial growth. Fo stanley becher r each year through 2017, management is targeting 8-10% annual EPS growth with Returns on Invested Capital of nearly 10%.As an investor however, it is important to understand the company s plan for achieving these targets as well as the probability of success.Growing sales across all operating segmentsIn 2014 Canadian Tire had sales of $12.5 billion, with the majority derived from its retail locations.Its biggest operation, Canadian Tire Stores, comprised roughly half of all sales. This franchise is one of Canada s most trusted and iconic brands, with over 490 locations and a weekly advertising flyer that reaches 12 million people one-third of Canada s tota stanley tazas l population . Nearly 90% of
With the banking sector crisis easing after UBS takeover of Credit Suisse, the SP/TSX Composite Index rose 1.4% over the last two days. However, sticky inflation is a cause for concern. In a resilient economy, investors fear the Federal Reserve could continue its monetary tightening initiatives to stem stubborn inflation. The rising interest rates coul stanley mug d increase borrowing costs, thus hurting economic growth.So, given the uncertain outlook, I believ stanley cups e these two TSX stocks would be an excellent addition to your portfolio.DollaramaDollaramač˝ TSX
OL would be my first pick, given its stability and high-growth prospects. Since 2011, the company has grown its revenue and EBITDA earnings before interest, tax, depreciation, and amortiz stanley deutschland ation at a CAGR compounded annual growth rate of 10.7% and 16.4%, respectively. Supported by these solid financials, DOL stock has delivered impressive returns of 714% over the last 10 years at an annualized growth rate of 23.3%.Meanwhile, given Lfdz Should You Take Profits in Fortis Inc.Over the past 10 years, shares of Canadian Tire Corporation Limited TSX:CTC.A are up roughly 100%, almos stanley bottles t three times the return of the TSX.Despite an already impressive historical return, management has a three-year plan in place that should continue the company s strong underlying financial growth. Fo stanley becher r each year through 2017, management is targeting 8-10% annual EPS growth with Returns on Invested Capital of nearly 10%.As an investor however, it is important to understand the company s plan for achieving these targets as well as the probability of success.Growing sales across all operating segmentsIn 2014 Canadian Tire had sales of $12.5 billion, with the majority derived from its retail locations.Its biggest operation, Canadian Tire Stores, comprised roughly half of all sales. This franchise is one of Canada s most trusted and iconic brands, with over 490 locations and a weekly advertising flyer that reaches 12 million people one-third of Canada s tota stanley tazas l population . Nearly 90% of