Latest news with #DanielDaCosta
Yahoo
11 hours ago
- Business
- Yahoo
3 Utility Stocks That Could Help Set You Up for Life
Written by Daniel Da Costa at The Motley Fool Canada If you're looking to build long-term wealth with as little stress as possible, utility stocks are unquestionably some of the best investments you can make. They may not be flashy or fast-moving, but that's exactly what makes them so attractive for long-term investors. Utility companies provide essential services such as electricity, natural gas, or water and that consistent demand gives them some of the most stable and predictable revenue streams in the market. Because of that stability, utility stocks are ideal for conservative investors or anyone focused on generating reliable, long-term returns. They tend to hold up well during economic downturns, they often pay steady and consistently growing dividends, and many are backed by regulated frameworks that reduce volatility and help mitigate risk even further. Therefore, because these stocks have predictable revenue and are consistently investing in future growth, they aren't just defensive stocks. In fact, the best utility stocks still offer solid growth potential over the long haul. These stocks increase earnings every year, which consequently allows them to increase their dividend payments, allowing the share price to follow suit. And when you combine that long-term upside with steady income and recession resistance, utility stocks become one of the best core stocks for your portfolio. So, if you're looking to boost your income or shore up your portfolio, here are three of the best utility stocks to buy now. If you're looking for a solid utility stock to buy now, there's no question that Emera (TSX:EMA) and Fortis (TSX:FTS) are two of the best in Canada. Both stocks provide both electricity and gas services to their millions of customers, and each company has diversified operations all over North America. This diversification is crucial because it takes an already low-risk industry and helps to reduce risk even more. However, while both Fortis and Emera have many similarities, the main difference between the two stocks today is their dividends. Currently, Fortis is expecting to increase its dividend between 4% and 6% annually through 2029, while Emera expects to increase its dividend by 1% to 2% annually over the next few years as it works to shore up its balance sheet and reduce its payout ratio. However, while Fortis offers more dividend growth potential over the coming years, it has a lower yield today. Right now, Fortis is offering investors a yield of roughly 3.8%, compared to Emera's current yield of 4.7%. Fortis also has a much longer track record of consistent dividend increases. While Emera's 18-year streak is impressive, Fortis has increased its dividend every year for half a century. So, although they are both two of the top utility stocks you can buy on the TSX, the slight edge still goes to Fortis unless you're looking for a higher-yield stock with the same level of reliability. In addition to Fortis and Emera, another top utility stock to consider adding to your portfolio today is AltaGas (TSX:ALA). AltaGas is one of the more unique utility stocks in Canada, offering a mix of traditional utility operations and high-potential energy infrastructure. It owns regulated natural gas utilities in the U.S., but it also has a large midstream energy segment focused on natural gas processing, exports, and storage. This diversified model makes AltaGas a reliable investment while also giving it the potential to grow faster than a regular utility stock. Its utility business provides steady cash flow and earnings visibility, while the midstream business offers upside tied to global demand for North American energy, particularly the growing Asian market, where AltaGas exports energy through its Ridley Island terminal. Furthermore, in recent years, AltaGas sold off a ton of non-core assets and strengthened its balance sheet significantly, which is why it's now one of the best utility stocks to buy and hold for the long haul. Finally, not only does it offer a yield of 3.3%, but AltaGas keeps that dividend sustainable by targeting a payout ratio of roughly 60%. So, if you're looking for a high-quality utility stock to buy now and hold for years, AltaGas is certainly one you'll want to consider. The post 3 Utility Stocks That Could Help Set You Up for Life appeared first on The Motley Fool Canada. Before you buy stock in Altagas, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Altagas wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Daniel Da Costa has no position in any of the stocks mentioned. The Motley Fool recommends Emera and Fortis. The Motley Fool has a disclosure policy. 2025
Yahoo
12 hours ago
- Business
- Yahoo
5 Unstoppable Growth Stocks to Buy Right Now for Less Than $200
Written by Daniel Da Costa at The Motley Fool Canada There's no question that growth stocks are some of the most exciting investments you can buy. These are companies with expanding markets, scalable business models, and the ability to increase revenue, earnings, and market share consistently over time. While they can be more volatile in the short term, the long-term upside they offer often far outweighs the risk, especially when you find the right businesses at reasonable prices. The best growth stocks don't just grow, they dominate. They reinvest in their own success, build competitive advantages, and steadily compound value for years. And when you buy these companies before they become household names, or when the market is temporarily overlooking them, you give yourself a real chance at life-changing returns. You don't need to spend thousands of dollars per share to get in on great businesses, either. Plenty of high-quality growth stocks still trade at accessible prices and offer serious long-term potential. So, if you've got cash that you're looking to put to work, here are five unstoppable growth stocks to consider right now that are all trading for under $200 per share. When it comes to buying stocks that can grow your hard-earned capital for years, defensive growth stocks like Jamieson Wellness (TSX:JWEL) and GFL Environmental (TSX:GFL) are some of the best to start with. A high-quality defensive growth stock is ideal because it typically has recession-resistant operations, yet it has a strong enough position in its industry that it can offer attractive and consistent growth. For example, Jamieson is a health and wellness company that manufactures and distributes products like vitamins and minerals, making it a highly defensive business. Yet at the same time, it has managed to grow its revenue at a compound annual growth rate (CAGR) of 16.3% over the last five years. Meanwhile, GFL is a waste management company that has grown significantly in large part through acquisitions over the last few years. In fact, over the last half decade, its revenue has increased at a CAGR of 18.6%. Plus, with each acquisition, GFL is able to leverage its expanding scale to reduce costs and improve margins. So, if you're looking to put your hard-earned cash to work, a high-quality defensive growth stock is one of the best investments to buy and hold for the long haul. In addition to GFL and Jamison, two more of the best growth stocks to buy now are in the retail sector. For example, Aritzia (TSX:ATZ) has spent years building a loyal customer base by offering high-quality, fashion-forward clothing and controlling the full customer experience through its vertical integration. And with expansion into the U.S. gaining traction, Aritzia is positioning itself as a premium lifestyle brand with a significant runway for growth. In just the last five years, Aritzia's sales have increased at a CAGR of 22.8%, showing why it's one of the best growth stocks to buy now. Meanwhile, although Canadian Tire (TSX:CTC.A) may not offer the same sky-high growth potential as Aritzia, it's a much more established business and still has years of growth potential ahead of it. It has built a robust e-commerce platform, runs one of the most popular loyalty programs in Canada, and continues to leverage data from both to drive sales growth. Plus, in addition to the long-term growth potential, it offers a growing dividend with a current yield of 3.9%. Finally, one of the very best growth stocks to buy on the TSX over the last few years has been goeasy (TSX:GSY). goeasy is a specialty finance company that has consistently grown its loan book, improved its margins, and increased its earnings at an impressive pace. Plus, it continues to expand its product offerings and customer base while maintaining strong credit quality. This performance has led to incredible growth in its profitability. For example, in the last five years, the subprime lender's revenue has grown at a CAGR of 20.1%, while its normalized earnings per share have increased at a CAGR of 26.4%. So, if you're looking for top growth stocks to buy now, there's no question goeasy is one of the best. The post 5 Unstoppable Growth Stocks to Buy Right Now for Less Than $200 appeared first on The Motley Fool Canada. Before you buy stock in Aritzia, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Aritzia wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Daniel Da Costa has positions in Aritzia and goeasy. The Motley Fool has positions in and recommends Aritzia. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
Top Canadian Value Stocks I'd Buy For Growth and Income
Written by Daniel Da Costa at The Motley Fool Canada When it comes to long-term investing, plenty of stocks offer high potential. You can buy Canadian value stocks that are cheap, growth stocks that can gain value rapidly, or dividend stocks that generate significant passive income. However, without a doubt, the best investments to make are stocks that offer all three. These are what you'd call triple-threat stocks. They're companies that are well-established enough to pay a solid dividend, but also high-quality enough to still have considerable growth potential. And when you buy these stocks in the right environment, like the uncertain and highly volatile one we're in today, you can often scoop them up while they're still trading undervalued. So, with that in mind, if you've got cash you're looking to invest today, here are three top Canadian value stocks that generate considerable passive income in addition to offering long-term growth potential. If you've got cash to invest and are looking for triple-threat stocks in the current economic landscape, there's no question that Brookfield Infrastructure (TSX: is one of the best long-term value stocks to buy now. Brookfield owns a massive and well-diversified portfolio of essential infrastructure assets that operate all over the world. Therefore, because it operates in a defensive and highly reliable industry, the fact that it's still trading more than 20% below its 52-week high makes it one of the top Canadian value stocks to buy now. While it's not trading at a massive discount, this is the kind of high-quality business that rarely gets cheap. And considering the current economic environment, where investors are searching for defensive, income-generating investments, it's surprising Brookfield hasn't already begun to recover. Right now, it offers a dividend yield of roughly 6.4% and has a long history of both growing its operations and steadily increasing its distribution each year. And going forward, even with the uncertainty about the global economy, analysts still estimate it will grow its funds from operations per share by roughly 9% each of the next two years. So, if you're looking for top Canadian value stocks to buy now, Brookfield is undoubtedly one of the best. In addition to Brookfield, another high-quality Canadian value stock to buy now is goeasy (TSX:GSY). goeasy is a specialty finance stock that provides non-prime Canadians with access to personal loans and other financial services. It's been one of the highest-growth stocks in Canada over the last decade, consistently expanding its loan portfolio, growing its revenue, and improving its margins. At the same time, as its earnings have increased drastically, so too has the cash it returns to shareholders. Therefore, goeasy doesn't just offer impressive capital gains potential. It also pays a meaningful dividend, which it's increased every year for the past decade. In fact, it's nearly tripled its annual dividend over the last five years alone. Today, with the Canadian value stock trading cheaply, that dividend yield has climbed to roughly 3.7%, a significant yield for such a high-potential growth stock. So, while it continues to execute well and grow its operations, goeasy is easily one of the best Canadian value stocks you can buy right now for both growth and income. Lastly, Canadian Tire (TSX:CTC.A) may not have quite the same growth potential as a stock like goeasy, but what it lacks in explosive upside, it makes up for in reliability and income. With a dividend yield of roughly 4.8% today, it's one of the most attractive and stable retailers you can add to your portfolio. As one of the most well-known brands in the country, Canadian Tire has a long runway of steady growth ahead of it. Plus, it has one of the strongest loyalty programs in Canada, helping it to retain customers and drive repeat business. In addition, it consistently uses technology to drive growth and improve its operations. Furthermore, with many Canadians looking to support domestic businesses as trade tensions pick up, Canadian Tire is one of the few national brands that could directly benefit from the growing 'Buy Canadian' movement. So, if you're looking for top value stocks to buy now, Canadian Tire is certainly one of the best. The post Top Canadian Value Stocks I'd Buy For Growth and Income appeared first on The Motley Fool Canada. Before you buy stock in Brookfield Infrastructure Partners, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Brookfield Infrastructure Partners wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $21,345.77!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 24 percentage points since 2013*. See the Top Stocks * Returns as of 4/21/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Daniel Da Costa has positions in Brookfield Infrastructure Partners and goeasy. The Motley Fool recommends Brookfield Infrastructure Partners. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Yahoo
26-02-2025
- Business
- Yahoo
Got $7,000? 4 Quality Stocks to Buy and Hold Forever in a TFSA
Written by Daniel Da Costa at The Motley Fool Canada Investing in a Tax-Free Savings Account (TFSA) is one of the best ways to build long-term wealth. Since all gains and dividends earned in a TFSA are tax-free, the key to maximizing its benefits is to find high-quality stocks with strong growth potential to buy and hold for the long haul. Therefore, instead of chasing risky stocks or trying to time the market, owning fundamentally strong businesses that can grow and compound over time is the best strategy. So, if you've got $7,000 to put to work, here are four top-quality stocks to buy and hold forever in your TFSA. With Cargojet (TSX:CJT) trading right at the bottom of its 52-week range and more than 30% off its 52-week high, there's no question it's one of the best stocks to buy in your TFSA today. Cargojet has long been one of the best growth stocks in Canada. Because it operates a critical logistics network, delivering time-sensitive packages for businesses across North America, it has been capitalizing on the increasing demand for overnight air cargo services as e-commerce sales have skyrocketed. However, while demand for shipping has surged over the last decade, especially during the pandemic, Cargojet has faced headwinds as e-commerce growth has slowed and shipping volumes normalized. As a result, the stock has pulled back from its highs, creating an opportunity for long-term investors to buy it undervalued. Despite near-term volatility, the long-term outlook remains strong. Cargojet has expanded its fleet and strengthened partnerships with major clients like Amazon, ensuring steady contract revenues. Therefore, it's no surprise that of the seven analysts covering Cargojet, six currently give it a buy rating, and its average analyst target price of $160.85 is a more than 60% premium to where it trades today. In addition to a high-quality value stock like Cargojet, real estate stocks are also some of the best investments to buy in your TFSA due to the income they generate and long-term growth potential they offer. So, if you've got cash that you're looking to invest, two of the best stocks to buy now are CT REIT (TSX: and Morguard North American Residential REIT (TSX: CT REIT owns a high-quality portfolio of retail properties, whose majority owner and primary tenant is Canadian Tire. And because Canadian Tire is an essential retailer with one of the best-known brands in Canada, CT REIT is one of the most reliable real estate stocks you can buy. In fact, since going public it has managed to increase its revenue and dividend every single year, including through the pandemic. Furthermore, it pays an attractive monthly dividend, with a current yield of roughly 6.2%, which is why it's one of the best stocks to buy for generating tax-free income in your TFSA. Morguard, on the other hand, owns a diversified portfolio of residential assets, including apartment buildings across Canada and the U.S., providing exposure to multiple real estate markets. Unlike investing in a single rental property, buying Morguard offers instant diversification across thousands of residential units. One of the biggest advantages of residential REITs is their resiliency, especially during economic uncertainty. Housing demand remains strong, and rents tend to rise over time, allowing REITs like Morguard to generate consistent cash flow and steady dividend growth. Furthermore, Morguard also pays a monthly dividend, and its current yield is upwards of 4.5%. So, if you're looking for high-quality stocks to buy in your TFSA today, these two REITs are some of the best to consider. Another strategy to take advantage of the tax-free nature of your TFSA is to buy high-potential growth stocks like WELL Health Technologies (TSX:WELL). WELL is a healthcare technology stock that's grown rapidly through acquisitions and has quickly become the largest owner/operator of outpatient clinics in Canada. In fact, the more it acquires these clinics, the better it scales its costs and the more profitable its business becomes. Therefore, while you can still buy WELL at a reasonable valuation, it's certainly one of the best stocks to buy now. Because over the next few years its earnings are expected to skyrocket, and there's no question that its share price should follow suit. The post Got $7,000? 4 Quality Stocks to Buy and Hold Forever in a TFSA appeared first on The Motley Fool Canada. The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now. The Top Stocks that made the cut could produce monster returns in the coming years, potentially setting you up for a more prosperous retirement. Consider when "the eBay of Latin America," MercadoLibre, made this list on January 8, 2014 ... if you invested $1,000 at the time of our recommendation, you'd have $21,058.57* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 38 percentage points since 2013*. See the Top Stocks * Returns as of 2/20/25 More reading 10 Stocks Every Canadian Should Own in 2024 [PREMIUM PICKS] It's Time to Buy: 1 Canadian Stock That Hasn't Been This Cheap in Years Where to Invest Your $7,000 TFSA Contribution 3 No-Brainer TSX Stocks to Buy With $300 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Daniel Da Costa has positions in Well Health Technologies. The Motley Fool has positions in and recommends Cargojet. The Motley Fool recommends Morguard North American Residential Real Estate Investment Trust. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
Is Granite REIT Stock a Buy for Its 4.9% Dividend Yield?
Written by Daniel Da Costa at The Motley Fool Canada What was once one of the best REITs to buy for long-term growth and dividend income, Granite REIT (TSX: has faced significant headwinds recently, giving investors an excellent opportunity to buy the stock undervalued today. In fact, with higher interest rates still cooling the economy, many of the top Canadian REITs continue to trade off their highs. However, while vacancies increased in recent years and other macroeconomic headwinds impacted the entire real estate sector, Granite remains one of the most promising stocks to buy not just in the real estate sector, but in all of Canada. So, let's look at whether it's worth buying today, with its stock price trading just below $70 per unit and its dividend yield now up to 4.9%. Despite short-term headwinds facing real estate stocks in recent years, industrial REITs continue to benefit from long-term tailwinds, giving them significant growth potential over the coming years. For example, the continuous shift by both retailers and shoppers toward e-commerce has increased the demand for warehouse space and distribution centres – the types of properties that Granite owns. In fact, Granite owns 138 income-producing properties diversified across North America and Europe. Of those 138 properties, 96 are distribution centres or warehouses serving e-commerce businesses. Furthermore, one of the biggest concerns that investors had with Granite was its significant exposure to Magna International, a challenge the company continues to address. For example, back in 2012, Magna accounted for 93% of Granite's gross leasable area (GLA). However, as of the fourth quarter in 2024, Magna's share of Granite REIT's GLA has declined to just 19%. So, although higher interest rates have weighed on the real estate market and caused vacancies to rise, those negative impacts already appeared to be plateauing in the second half of 2024. Moreover, while higher vacancies concern investors, 94.7% of Granite's 63.3 million square feet of warehouse space still has committed occupancy as of November 2024. Granite has also addressed roughly 90% of its 2025 lease maturities in Europe and expects demand growth to resume significantly in its U.S. properties by the second half of this year. So, while Granite REIT's stock price trading this low may seem troubling, the REIT is actually well-positioned to generate strong income for investors today and continue growing for years to come. One of the most compelling features of investing in Granite is its attractive dividend yield, especially with the stock selling off and the yield continuing to rise. However, the distribution is just one of many reasons why Granite is a screaming buy. As I mentioned earlier, Granite has significant long-term growth potential. Plus, its yield – while just shy of 5% – is not only attractive but also highly sustainable and consistently growing each year. In fact, Granite has raised its distribution for 14 straight years, earning its place among Canada's Dividend Aristocrats. However, even as the dividend grows, its payout ratio continues to decline, proving how sustainable its payments are. For example, in 2024, Granite's payout ratio of funds from operations (FFO) was just 62%. And speaking of FFO, with the stock trading below $70 per unit, Granite now trades at a forward price-to-FFO ratio of just 12.4 times, an ultra-cheap valuation. On top of that, while the stock is undervalued, Granite is actively buying back shares. For example, since December 30, 2024, the REIT has already completed over 120,000 unit repurchases. Therefore, while this high-quality, high-potential REIT trades so cheaply, it's not just a buy for its compelling dividend yield – it's one of the best Canadian stocks you can buy now and hold for years. The post Is Granite REIT Stock a Buy for Its 4.9% Dividend Yield? appeared first on The Motley Fool Canada. Before you buy stock in Granite Real Estate Investment Trust, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Granite Real Estate Investment Trust wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $18,750.10!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 35 percentage points since 2013*. See the Top Stocks * Returns as of 1/22/25 More reading 10 Stocks Every Canadian Should Own in 2024 [PREMIUM PICKS] It's Time to Buy: 1 Canadian Stock That Hasn't Been This Cheap in Years Where to Invest Your $7,000 TFSA Contribution 3 No-Brainer TSX Stocks to Buy With $300 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Daniel Da Costa has no position in any of the stocks mentioned. The Motley Fool recommends Granite Real Estate Investment Trust. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
