Latest news with #TSX
Yahoo
6 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
6 hours ago
- Business
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Where Will CIBC Be in 10 Years?
Written by Jitendra Parashar at The Motley Fool Canada After posting solid double-digit gains for two consecutive years, Canadian Imperial Bank of Commerce (TSX:CM), or CIBC, has taken a bit of a breather in 2025. As we approach the end of June, CIBC stock is up 5.8% year-to-date, slightly lagging behind the TSX Composite's 8.2% climb. Still, the stock remains attractively priced at $96.21 per share, with a market cap of $89.9 billion and a healthy 4% annualized dividend yield. But could this be a golden opportunity for long-term investors to lock in a high-quality stock at a reasonable valuation? In this article, I'll explore where CIBC stock could be 10 years from now and whether today's price offers an opportunity to lock in long-term value. CIBC stock's recent trajectory could be seen as a reflection of a mix of solid internal performance and broader market dynamics. With interest rates trending lower and geopolitical tensions stirring uncertainty, Canadian banks have been navigating a cautious economic environment. Still, CIBC has managed to hold its ground, supported by a healthy capital position and consistent execution of its strategy. Despite recent stock market volatility, it still maintains a solid Common Equity Tier 1 (CET1) ratio of 13.4%, which is well above regulatory requirements and reflects the bank's strong risk management practices. In the second quarter of its fiscal year 2025 (ended in April), CIBC posted a 14% YoY (year-over-year) increase in its total revenue to around $7 billion, even though it dipped 4% from the first quarter. That dip was largely due to seasonal effects, but the YoY jump clearly showed that its underlying business continues to grow. More importantly, the bank's adjusted net income for the quarter also climbed by 17% YoY to $2 billion with the help of strength across its major business units. For example, its Canadian personal and business banking segment saw a 4% YoY rise in profit in the latest quarter, backed by higher volumes and an improved net interest margin. On the commercial banking and wealth management side, its net income climbed 13% from a year ago, with fee growth and stronger asset balances. Meanwhile, CIBC's U.S. operations also showed progress, with net income jumping nearly 88% YoY to $173 million due mainly to lower credit losses and a consistent revenue lift. With leadership transition plans in place and strong growth across its segments, CIBC could continue to boost its position as a top bank stock over the next decade. Under the leadership of its incoming CEO, Harry Culham, the bank is expected to push further into high-margin areas like wealth management and commercial banking, while continuing to expand its U.S. footprint. Over the last five years, CIBC stock has more than doubled, delivering114% returns, excluding dividends. And while no one can predict exactly where a stock will be 10 years from now, I wouldn't be surprised if the stock performs far better over the next decade, given its solid long-term fundamentals. That's why for investors seeking a dependable, growth-oriented stock with a solid dividend yield, CIBC could be one of the best stocks in the sector today. The post Where Will CIBC Be in 10 Years? appeared first on The Motley Fool Canada. Before you buy stock in CIBC, 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 CIBC 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 Jitendra Parashar has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 hours ago
- Business
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Here's How Many Shares of TD Bank You Need for $2,000 in Annual Dividends
Written by Jitendra Parashar at The Motley Fool Canada Toronto-Dominion Bank (TSX:TD) is not only one of the largest banks in Canada, but also one of the most reliable dividend stocks on the TSX. Over the years, TD has built a strong reputation for delivering consistent earnings, posting consistent growth, and rewarding its shareholders. That's why it remains one of the top holdings for many long-term Canadian investors. Whether you're just starting to build passive income or looking to grow an existing stream of cash flow, TD could be a dependable stock to consider. In this article, I'll break down exactly how many shares of TD Bank you would need to own today to earn $2,000 in annual dividends. But first, let's take a closer look at its recent financial growth trends and fundamental outlook. TD Bank stock has been on a consistent upward climb in 2025, outperforming most other bank stocks listed on the Toronto Stock Exchange. After surging 30% year to date, the stock currently trades at $98.84 per share with a market cap of $171.6 billion. At this market price, it also offers an attractive annualized dividend yield of 4.3%. This strong performance shouldn't be a surprise as investors have grown less concerned about the recent U.S. anti-money laundering probe, which the bank has already resolved. Also, TD's recent gains reflect optimism around falling interest rates in Canada, which tend to support lending activity and improve loan growth. In the second quarter of its fiscal year 2025 (ended in April), TD posted total revenue of $13.96 billion, up just over 1% YoY (year over year). However, its adjusted net profit slipped 4.8% YoY to $3.43 billion. In its latest earnings report, the bank noted that its U.S. segment remained under pressure, but Canadian personal and commercial banking continued to deliver strong results. Even with this short-term earnings softness, TD maintained a solid adjusted net profit margin of 24.5% in the quarter. When you're depending on consistent payouts, this level of stability really matters. What makes TD more than just a safe bet is its forward-thinking strategy. The bank is doubling down on its digital initiatives and boosting its Canadian operations with improved lending and deposit capabilities. It's also expanding credit card partnerships and focusing on higher-margin segments to offset pressure in the U.S. market. These moves signal that the bank isn't just trying to stay afloat but also actively building for better profitability and long-term growth. For income-focused investors, that makes TD stock even more appealing. COMPANY RECENT PRICE NUMBER OF SHARES QUARTERLY DIVIDEND / SHARE TOTAL YEARLY PAYOUT TD Bank $98.84 477 $1.05 $2,003.40 Prices as of June 25, 2025 With its current dividend yield, you'd need around 477 shares to generate $2,000 in annual dividend income. However, that will require you to invest $47,147 in TD Bank stock. That's not a small investment, but for long-term returns and peace of mind, it might just be worth it. That said, putting such a large amount into a single stock may not be the best idea for everyone. No matter how strong TD's fundamentals are, diversification is key to reducing risk. A well-balanced portfolio with other reliable dividend stocks could give you more stability and peace of mind, especially during uncertain market cycles. The post Here's How Many Shares of TD Bank You Need for $2,000 in Annual Dividends appeared first on The Motley Fool Canada. Before you buy stock in TD Bank, 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 TD Bank 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 Jitendra Parashar has positions in Toronto-Dominion Bank. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
7 hours ago
- Business
- Malaysian Reserve
Results of the Annual General and Special Meeting
VANCOUVER, BC, June 27, 2025 /CNW/ – Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ('Freegold' or the 'Company') is pleased to announce that all matters set out in the Management Information Circular dated May 26, 2025 for the 2025 Annual General and Special Meeting of Shareholders held on June 27, 2025 (the 'Meeting') were approved by the shareholders holding 98,154,137 shares were voted representing approximately ~ 18.56% of the outstanding shares of the Company. The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below: MOTIONS NUMBER OF SHARES PERCENTAGE OF VOTES CAST FOR AGAINST WITHHELD/ ABSTAIN FOR AGAINST WITHHELD/ ABSTAIN To elect as Director :Kristina Walcott 96,353,303 1,800,834 98.165 % 1.835 % To Elect as Director: Alvin Jackson 97,016,593 1,137,544 98.841 % 1.159 % To Elect as Director: David Knight 85,790,018 12,364,119 87.403 % 12.597 % To Elect as Director: Garnet Dawson 97,308,977 845,160 99.139 % 0.861 % To Elect as Director: Ron Ewing 96,839,477 1,314,660 98.661 % 1.339 % To Elect as Director: Glen Dickson 85,396,927 12,757,210 87.003 % 12.997 % To Elect as Director: Reagan Glazier 79,513,338 18,640,799 81.009 % 18.991 % To Elect as Director: Maurice Tagami 97,900,807 253,330 99.742 % 0.258 % To Elect as Director: Vivienne Artz 93,614,569 4,539,568 95.375 % 4.625 % The Company's shareholders approved the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the Company's auditors, as set forth in the management information circular. The Company's shareholders approved the Company's new omnibus equity incentive plan. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Information Circular dated May 26th, 2025, which is filed under the Company's profile at Golden Summit Project Update: Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to upgrade inferred resources to indicated status in preparation for the upcoming pre-feasibility study, which is expected to commence later this year. An updated mineral resource estimate is expected to be finalised soon, and the initial assay results from the 2025 drill program are also anticipated shortly. The Qualified Person for this release is Alvin Jackson, Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release. About Freegold Ventures LimitedFreegold is a TSX-listed company focused on exploration in Alaska. It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases. Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2024, filed under Freegold's profile at for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020, the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold's business, results of operations, and financial condition.
Cision Canada
8 hours ago
- Business
- Cision Canada
NORTHCLIFF ANNOUNCES CLOSING OF $1.2 MILLION PRIVATE PLACEMENT FINANCING
VANCOUVER, BC, June 27, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that further to its press release dated June 19, 2025, it has closed a non-brokered private placement (the "Private Placement") of 19,842,128 common shares of the Company at a price of $0.06 per common share for gross proceeds to the Company of $1,190,527.68. Proceeds of the Private Placement will be used to fund the Company's share of expenditures related to the Sisson Project and for working capital and general corporate purposes. About Northcliff Resources Ltd. Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. Additional information on Northcliff is available on the website at Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114. Andrew Ing Chairman, President & CEO
