09-28-2024, 09:08 PM
Ueda The 1 Reason to Put This Stock in Your TFSA
TSX stocks have had a decent run, gaining almost 20% this year. While Omicron fears stanley cup certainly p stanley mugs ose a risk in the short term, equities will likely continue to trade higher next year. Here are three top TSX stocks for 2022.Air CanadaThe recent weakness in Air Canada TSX:AC stock is indeed eye-catching for discerned investors. I expect superior revenue growth from the flag carrier next year, which will help lower its cash burn. It will likely be a great recovery story post-pandemic, driven by its strong balance sheet and returning demand.Air Canada has $8.7 billion in cash and short-term investments, which acts as padding if the pandemic-driven weakness lasts longer. Before Omicron dominated, the flag carrier management was confident of the air travel demand recovery. Accordingly, it announced an increase in operating capacity for Q4 2021 relative to last year.According to the International Air Transport Association, the industry is expected to continue reporting lo stanley cup sses next year as wel Oupt TFSA Dividend Investors: Should You Own Fortis Inc. or Telus Corporation Today
As many investors have come to know, finding the right stock at the right price is a difficult task. It is even harder to find a great stock that can offer both growth and dividend income. To make things easier, I have compiled a list of three stocks that fit these criteria perfectly, so let s take a closer look at each to determine which one would fit best in your portfolio.1. Fortis Inc.Fortis Inc. TSX:FTS is one of the largest electric and gas utilities companies in North America. At today s levels, its stock trades at 17.3 times fiscal 2015 s estimated earnings per share of $2.06 and 16.4 times fisc stanley thermos al 2016 s estimated earnings per share of $2.17, both of which are inexpensive compared with its five-year average price-to-earnings multiple of 20.4. In addition, the company pays a quarterly dividend of $0.34 per share, or $1.36 per share annuall stanley cups uk y, giving its stock a 3.8% yield at today s levels.2. stanley flask Canadian National Railway CompanyCanadian National Railway Company TSX:CNR NYSE:CNI
TSX stocks have had a decent run, gaining almost 20% this year. While Omicron fears stanley cup certainly p stanley mugs ose a risk in the short term, equities will likely continue to trade higher next year. Here are three top TSX stocks for 2022.Air CanadaThe recent weakness in Air Canada TSX:AC stock is indeed eye-catching for discerned investors. I expect superior revenue growth from the flag carrier next year, which will help lower its cash burn. It will likely be a great recovery story post-pandemic, driven by its strong balance sheet and returning demand.Air Canada has $8.7 billion in cash and short-term investments, which acts as padding if the pandemic-driven weakness lasts longer. Before Omicron dominated, the flag carrier management was confident of the air travel demand recovery. Accordingly, it announced an increase in operating capacity for Q4 2021 relative to last year.According to the International Air Transport Association, the industry is expected to continue reporting lo stanley cup sses next year as wel Oupt TFSA Dividend Investors: Should You Own Fortis Inc. or Telus Corporation Today
As many investors have come to know, finding the right stock at the right price is a difficult task. It is even harder to find a great stock that can offer both growth and dividend income. To make things easier, I have compiled a list of three stocks that fit these criteria perfectly, so let s take a closer look at each to determine which one would fit best in your portfolio.1. Fortis Inc.Fortis Inc. TSX:FTS is one of the largest electric and gas utilities companies in North America. At today s levels, its stock trades at 17.3 times fiscal 2015 s estimated earnings per share of $2.06 and 16.4 times fisc stanley thermos al 2016 s estimated earnings per share of $2.17, both of which are inexpensive compared with its five-year average price-to-earnings multiple of 20.4. In addition, the company pays a quarterly dividend of $0.34 per share, or $1.36 per share annuall stanley cups uk y, giving its stock a 3.8% yield at today s levels.2. stanley flask Canadian National Railway CompanyCanadian National Railway Company TSX:CNR NYSE:CNI