09-26-2024, 02:27 PM
Gene 2 of the Safest Dividend Stocks to Buy in Canada Right Now
Contrarian investors look for opportunities in beaten-down sectors. Perhaps the least-popular sector right now is technology. Software companies, e-commerce stocks and cryptocurrencies are nearly all trading for less than they were last year. Some tech stocks have lost double-digit percentage points i stanley cup n market value in just a few months.聽That s a clear opportunity for bargain hunters. Here are the top two tech stocks I believe growth investors should watch in the month ahead.Tech stock 1Topicus TSXV:TOI is my top pick for undervalued tech stocks right now. This morning the stock is down 1%. That continues a losing streak that s been ongoing since Novembe stanley cup r last year. Topicus is worth a third less than it was in late 2021.聽This lacklustre performance is driven by a change in investor senti stanley becher ment about the tech sector. However, the company is still executing its growth strategy with great results. The Topicus team has closed several acquisition deals in recent months and is currently in t Xzjt Telus Stock: A Great Dividend Stock to Watch Before Earnings
Ever since the COVID-19 pandemic hit Canada, there been much speculation about the effect it would have on the housing market. Initially, it was widely expected that the pandemic would lead to fewer sales and lower prices.The聽CMHC at one point forecast that prices would fall 9-18%. That didn ;t materialize. While house sales slowed down, fewer sales didn ;t add up to lower prices. And while the CMHC is still forecasting more modest declines for 2020, it beginning to look like we avoided a worst-case s stanley bottles cenario.The Canadian Real Estate Association recently announced that Canadian home prices jumped 6.5% in June. That not exactly an unbiased source, since it an association of realtorswho stanley kubek have a vested interest in portraying the housing market as strong. Nevertheless, it is consistent with other reports we ;ve been seeing from large markets in Toronto.Housing market heating upIn Jun stanley france e, the housing market heated up by many metrics. As just
Contrarian investors look for opportunities in beaten-down sectors. Perhaps the least-popular sector right now is technology. Software companies, e-commerce stocks and cryptocurrencies are nearly all trading for less than they were last year. Some tech stocks have lost double-digit percentage points i stanley cup n market value in just a few months.聽That s a clear opportunity for bargain hunters. Here are the top two tech stocks I believe growth investors should watch in the month ahead.Tech stock 1Topicus TSXV:TOI is my top pick for undervalued tech stocks right now. This morning the stock is down 1%. That continues a losing streak that s been ongoing since Novembe stanley cup r last year. Topicus is worth a third less than it was in late 2021.聽This lacklustre performance is driven by a change in investor senti stanley becher ment about the tech sector. However, the company is still executing its growth strategy with great results. The Topicus team has closed several acquisition deals in recent months and is currently in t Xzjt Telus Stock: A Great Dividend Stock to Watch Before Earnings
Ever since the COVID-19 pandemic hit Canada, there been much speculation about the effect it would have on the housing market. Initially, it was widely expected that the pandemic would lead to fewer sales and lower prices.The聽CMHC at one point forecast that prices would fall 9-18%. That didn ;t materialize. While house sales slowed down, fewer sales didn ;t add up to lower prices. And while the CMHC is still forecasting more modest declines for 2020, it beginning to look like we avoided a worst-case s stanley bottles cenario.The Canadian Real Estate Association recently announced that Canadian home prices jumped 6.5% in June. That not exactly an unbiased source, since it an association of realtorswho stanley kubek have a vested interest in portraying the housing market as strong. Nevertheless, it is consistent with other reports we ;ve been seeing from large markets in Toronto.Housing market heating upIn Jun stanley france e, the housing market heated up by many metrics. As just