Latest news with #TSXCompositeIndex
Mint
4 days ago
- Business
- Mint
TSX adds to weekly gains as technology shares climb
(Updates at market close) TSX ends up 0.5% at 27,494.35 Eclipses Wednesday's record closing high July 25 (Reuters) - Canada's main stock index rose to a record high on Friday, with technology shares leading gains as investors turned attention to key events next week, including a Bank of Canada policy decision. The S&P/TSX Composite Index ended up 122.09 points, or 0.5%, at 27,494.35, eclipsing Wednesday's record closing high. For the week, the index was up 0.7%. The move has been supported by trade optimism "as negotiations have progressed on the U.S. side and also corporate profits that are coming in pretty strong," said Angelo Kourkafas, senior global investment strategist at Edward Jones. Policy decisions are due from both the BoC and the Federal Reserve on Wednesday, while an August 1 deadline looms for Canada to reach a trade deal with the United States. "That summer calm may be tested," Kourkafas said. "We are seeing some signs of complacency, which raise the risk of near-term volatility, but fundamentals remain supportive." The Canadian central bank will hold its overnight interest rate steady at 2.75% for the third consecutive meeting, thanks to a recent rise in inflation and a fall in unemployment, according to a Reuters poll of economists that still found many expect at least two more cuts this year. The technology sector rose 1.8%, boosted by a 4.7% gain for the shares of Lightspeed Commerce, which is due to release earnings next Thursday. Shares of e-commerce company Shopify added 2.5%. Industrials were up 0.7% as railroad shares notched gains and heavily weighted financials ended 0.5% higher. Energy was a drag, dipping 0.5%, as the price of oil settled 1.3% lower at $65.16 a barrel. (Reporting by Fergal Smith in Toronto and Sanchayaita Roy in Bengaluru; Editing by Tasim Zahid and Rod Nickel)
Yahoo
14-07-2025
- Business
- Yahoo
Why $7,000 Invested This Way Could Grow Immensely
Written by Amy Legate-Wolfe at The Motley Fool Canada Investing $7,000 across three TSX stocks like Aritzia (TSX:ATZ), CCL Industries (TSX:CCL.B), and MDA (TSX:MDA) might seem bold. But this mix could really grow your portfolio over time. Each TSX stock plays a different role: fashion growth, industrial packaging, and space tech innovation. Let's explore why this trio could deliver serious gains, but also where the bumps might lie. Aritzia is a Canadian fashion powerhouse known for its high-end women's clothing. Its recent quarterly results show remarkable momentum. In the first quarter of Fiscal 2026, ended June 1, 2025, Aritzia reported net revenue of $663.3 million, up 33% year-over-year, and net income of $42.4 million, a 167.7% increase, translating to $0.36 per diluted share. Still, fashion trends are fickle and consumer spending can shift on a dime. It's not risk-free, but right now it's riding a wave of retail strength. CCL Industries is a global leader in packaging solutions. It's less flashy than Aritzia, but what it lacks in glamour, it makes up for in stability. CCL Industries reported first-quarter sales of $1.9 billion, up 8.6% from $1.7 billion a year earlier, and net income of $207.4 million, up 7.9% year-over-year. Market chatter says insiders have recently bought shares, which suggests confidence. Still, global supply chain disruptions or rising material costs could dent margins. It's a solid core holding, but growth might stay moderate. MDA is the high-flying space tech angle. It designs satellites, robotic arms, and advanced sensors. MDA Space's shares jumped 156.3% in 2024, making it one of the top three performers on the TSX Composite Index last year. The space sector is hot, and MDA's technology gives it strong exposure. However, space tech also depends on government contracts and regulatory support, both of which can be unpredictable. If federal budgets tighten or projects get delayed, the stock could wobble. Here's one way I'd split $7,000: put $3,000 into Aritzia, $2,000 into CCL, and $2,000 into MDA. Aritzia covers lifestyle growth, CCL provides industrial stability, and MDA gives you that futuristic upside. Aritzia is showing strong top-and bottom-line growth but remains sensitive to consumer trends. CCL offers less risk but slower returns. MDA brings high potential, yet also higher volatility. Smart investors need to challenge every assumption. Aritzia could hit a slowdown if consumer spending weakens or weather hurts foot traffic. CCL might get squeezed if raw material prices rise or new competition emerges. MDA could face delays in satellite launches or a shift in government spending priorities. Despite these risks, this trio offers a broad theme mix tied to real growth stories of retail, manufacturing, and space tech. Holding all three balances potential returns with stability. You're not overloading on one sector or theme. That's important when you only have $7,000 to invest and diversification counts. In short, investing $7,000 this way isn't reckless, it's strategic. You get exposure to established consumer trends, industrial demand, and cutting-edge tech. You're not gambling it all on one idea. Instead, you're betting on three different growth engines. Some may run faster, some slower, but together they could really move your portfolio. Just be ready to adjust as the story unfolds. The post Why $7,000 Invested This Way Could Grow Immensely 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 $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 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Aritzia. The Motley Fool recommends CCL Industries. 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
13-06-2025
- Business
- Yahoo
1 Financial Stock Down 25% to Buy Right Now
Written by Jitendra Parashar at The Motley Fool Canada Easing interest rates, steady commodity prices, and stronger-than-expected economic conditions have helped the financial sector outpace the broader TSX Composite Index over the past year. This is the reason why many investors who had been cautious are now revisiting this space with renewed interest. But despite the sector's sharp rebound, some high-quality stocks are still trading well below their recent highs. In this article, I'll talk about one such financial stock, goeasy (TSX:GSY), that's down roughly 25% from its 52-week peak, yet continues to post solid fundamentals and offers attractive long-term upside potential. If you don't know it already, goeasy mainly focuses on non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands. It helps millions of Canadians access personal and car loans, lease-to-own furniture and appliances, or get point-of-sale financing. GSY stock is currently trading at around $154.90 per share with a market cap of $2.5 billion. It also pays a quarterly dividend, translating into an appealing 3.8% annualized yield. Even though goeasy stock is down about 25% from its 52-week high, it's still up over 170% in the last five years. The recent decline in GSY stock over the past year can mainly be linked to a few key factors. At the macro level, a softer economic environment and less favourable macro indicators led to an increase in credit loss provisions. While that's created short-term pressure that temporarily hurt investor sentiment, the company's performance hasn't dropped off a cliff. In fact, its first-quarter results suggest that GSY stock is weathering the storm quite well. Despite economic worries, goeasy managed to grow its loan book by $190 million in the first quarter of 2025 and surpassed a $5 billion loan portfolio shortly after. It also generated strong demand from new customers, while seeing growth in areas like automotive financing and home equity lending. In the March quarter, goeasy reported a 24% YoY increase in its consumer loan portfolio and brought in over 43,000 new customers. Its adjusted net profit came in at $60 million, and its return on equity, even after adjustments, remained healthy at 20.4%. Similarly, the company's efficiency is also improving, with its first-quarter efficiency ratio down to 26.1% from 27.4% a year ago. While higher finance costs and cautious credit metrics added some pressure, goeasy is still profitable, expanding its reach and increasing its lending scale. Those are strong signs for long-term investors. goeasy has proven its ability to grow in all kinds of market conditions. It expects to grow its loan portfolio to as much as $7.8 billion by 2027. That's big, considering it just crossed the $5 billion mark. It's also investing in digital platforms, optimizing its pricing and collections strategy, and building stronger partnerships across retail and finance sectors. These factors could accelerate its financial growth trends in the long run and support a sharp recovery in its share price. Given that, the recent pullback in GSY stock might just be the golden opportunity long-term investors are looking for. The post 1 Financial Stock Down 25% to Buy Right Now appeared first on The Motley Fool Canada. 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
13-06-2025
- Business
- Yahoo
How I'd Allocate $50,000 in Retirement Stocks in Today's Market
Written by Puja Tayal at The Motley Fool Canada The tariff war has been the theme of 2025. Developments on the tariff front are driving the markets. Recently, the stock market surged on signs of optimism as Canada's Prime Minister is in constant communication with the U.S. President over lifting tariffs. The TSX Composite Index neared its record high, recovering 17% from the April dip when retaliatory tariffs were paused. This volatility presents an opportunity as well as a threat for retirees. If you are considering allocating your retirement money to term deposits, the Bank of Canada is slashing interest rates, which could erode the purchasing power of your retirement fund. The key to mitigating risk is diversification. Consider diversifying your money across sectors and asset classes that are uncorrelated. To give you an example, factors such as interest rates, economic growth, and house prices, which affect the real estate sector, do not affect the technology sector. Consider holding one stock from each sector. CT REIT (TSX: buys, maintains, intensifies, and develops Canadian Tire stores. The retailer occupies 92.8% of the REIT's leased area and contributes 91.8% to the base minimum rent. While the REIT's performance is linked to that of the retailer, the impact is only felt when there is a significant change. Canadian Tire is carrying out its True North growth strategy, in which it will open more than 30 Canadian Tire and 18 Mark's stores. CT REIT may get the first choice to carry out the store intensification and development, but the pace will continue to be slow as it has been for the last few quarters. Nevertheless, the rent from existing stores will continue. In the first quarter, CT REIT's net income jumped 4.5%, and adjusted funds from operations jumped 4.7% as it realized higher rent from the intensification projects it completed last year. This helped the REIT lower its dividend payout ratio to 72.2% from 73.1% a year ago. The REIT increased distributions by 3.3%, passing on the higher income to unitholders. You can invest $10,000 in this stock, buy 618 units, and get $48.8 per month in payouts at a $0.07903 monthly distribution per unit. This amount could grow annually by 3% for decades while your $10,000 remains intact, or grow by 5–10% as CT REIT's unit price increases. You could allocate another $10,000 to a resilient growth stock, Constellation Software (TSX:CSU), to increase your portfolio value. While this amount may only buy you two shares, it could double your money in five years. The market volatility has pulled down some stock prices, creating an opportunity for Constellation to buy small vertical-specific software companies at a discount. Most of Constellation's acquisitions have sticky and recurring cash flows from maintenance contracts. In the short term, its revenue and free cash flow growth may slow amid weak economic activity. However, growth may accelerate next year as Constellation consolidates the earnings of acquired companies. The stock made an all-time high of $5,300 in May and has dipped 7.7% since then. Now is a good time to buy and hold the stock. Constellation's enterprise value will increase as more companies are added to its earnings, and consequently, its share price will also rise. You can allocate the remaining $30,000 to stocks that benefit from high inflation, as you will buy their products regardless of the price. This includes grocery and natural gas, used for heating, vehicles, and cooking. Loblaw (TSX:L) stock has significantly outperformed some of the high-growth tech stocks, surging 236% in the last five years. It is a buy even though the stock is trading near its all-time high, as there is more upside. Loblaw runs supermarkets, pharmacies, and apparel stores. High inflation could shift demand from high-ticket items to essentials, and Loblaw will benefit from increased volumes. Whereas the opposite happens in a strong economy, when Loblaw benefits from higher profit margins, helping your portfolio fight inflation. Canadian Natural Resources can also help fight inflation with its 5.3% dividend yield, which is growing at an average annual rate of over 20%. The post How I'd Allocate $50,000 in Retirement Stocks in Today's Market appeared first on The Motley Fool Canada. 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 Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends Canadian Natural Resources and Constellation Software. The Motley Fool has a disclosure policy. 2025
Yahoo
12-06-2025
- Business
- Yahoo
How I'd Allocate $10,000 Across These 3 Brilliant TSX Stocks for Growth and Income
Written by Puja Tayal at The Motley Fool Canada Investing in the stock market is not just about buying the dip and selling the rally. Knowing what you want from your money is crucial in determining which dips to buy. If you want to put $10,000 to work and help you get growth and income for the long term, you might have to choose two different stocks. However, there are a few stocks that can give you both. A good strategy could be to invest in three stocks – one for income, one for growth, and one for both. Starting with the stock that gives you income and even grows your money in the long term. The non-prime lender goeasy (TYSX:GSY) is a stock that has given regular quarterly dividends and even grown them by strong double digits in 10 out of the last 11 years. goeasy is in the business of giving unsecured and secured loans through easyfinancial and easyhome brands. Over the years, it expanded its business horizontally by Offering new loan products — point-of-sale financing and automotive loans — and ancillary services like creditor insurance and warranty coverage; Expanding its distribution channel; Expanding its Canadian presence; and Strengthening its underwriting model to give loans to more customers while controlling credit risk. All these efforts have helped the lender increase its loan portfolio over the years and grow its share price by 800% in the last 10 years, which is 10 times the 79% rally of the TSX Composite Index. goeasy stock also offers a 3.8% dividend yield from the interest earned on the loan portfolio. The yield might look small, but if you had held the stock for 10 years, the $0.5 dividend per share would have grown to $5.84. A $3,000 investment in goeasy in June 2015 would have bought you 154 shares, which are now worth $23,639, and have increased your annual dividend from $77 to $899. Now is a good time to buy and hold the stock, as high credit risk has pulled down the share price. It is trading at a forward price-to-earnings ratio of 8.71, below its five-year average of 10.76. Business jet maker Bombardier (TSX:BBD.B) is a growth-oriented stock that can give you double-digit capital appreciation. Although the management is considering paying dividends in the next two to three years as its free cash flow (FCF) stabilizes, meaningful returns will come from capital appreciation. Here's why. Bombardier's main business is selling business jets. The order book for business jets can fluctuate, which would be reflected in its share price. For instance, the company completed the flight test of its next-generation Global 8000 in May, hinting at a better product mix in the future. Moreover, the defence and pre-owned business jet verticals present opportunities to boost orders and grow the share price. As for dividends, the business jet maker could use its recurring revenue from after-market services. A $3,000 investment in Bombardier stock in June 2020 is now $23,000. This stock tends to rally in the second half as aircraft delivery volumes surge and free cash flow comes in. Although the stock has already jumped 32% from its April dip, there is more upside as the company secures orders for Global 8000. You have the growth, now comes the dividend. Many dividend stocks intend to help you generate passive income for your retirement. They offer dividend-reinvestment plans (DRIP) and even grow them annually to adjust for inflation. You can bank on them to pay dividends in every market condition, thereby complementing your pension. Telus (TSX:T) has a 21-year history of growing dividends. It offers DRIP to automate your retirement planning by accumulating dividend-paying shares. You can be assured about the dividends as Telus pays them using subscription money. The dividend-growth rate has slowed from 7-10% to 3-8% as competitive pricing and network sharing reduce its margins. However, it is working on monetizing its 5G network, which will help strengthen its balance sheet and FCF. This could help it grow dividends for years to come. You could consider investing $4,000 now while the stock trades closer to its 10-year low and lock in a 7.4% dividend yield. The post How I'd Allocate $10,000 Across These 3 Brilliant TSX Stocks for Growth and Income appeared first on The Motley Fool Canada. 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 Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends TELUS. The Motley Fool has a disclosure policy. 2025 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
