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Showing posts with the label shares

Maximize Your Passive Income: Two Canadian Stocks You Need to Know About

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Shares of these two fundamentally strong Canadian companies can help you start a worry-free passive-income stream.   Kickstart a Worry-Free Passive Income Stream with These Two Rock-Solid Canadian Stocks   Investors seeking steady passive income should consider dividend-paying companies. Among these, several fundamentally strong Canadian companies consistently reward their shareholders with regular dividend distributions, regardless of market volatility.   The reliability of their payouts, solid financials, and growing earnings base make these Canadian stocks dependable investments for earning worry-free passive income.   Let's explore two solid Canadian stocks that could generate you a significant amount of passive income: -   FORTIS ( TSX:FTS )   Looking to start a passive-income stream? Consider adding top-quality companies from the Canadian utility sector to your portfolio. Utility stocks are famous for their resilient dividend payments, thanks to the...

Massive Analyst Upgrade: Why Shopify Stock Should Be on Your Radar Now!

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Shopify just got a HUGE upgrade from analysts— don't miss out on why this stock could be a game-changer for your portfolio!   Shares of Shopify ( TSX:SHOP ) have experienced some pressure this year, grappling with mixed quarterly earnings and broader tech sector instability as we head into summer.   Despite this, Shopify remains a top Canadian tech innovator, with ventures in generative AI and other promising fields. The stock has fallen just over 12% year-to-date, presenting a potential opportunity for growth-oriented investors to consider it while it remains in a holding pattern.   It might take a few more months for the e-commerce giant to gain enough momentum to turn positive for the year. Regardless, I see this tech leader as a prime candidate for your TFSA (Tax-Free Savings Account) for the long haul.   Recently, Shopify received a notable upgrade from a prominent analyst. When such a respected figure boosts their rating or price target, value-focused gr...

3 Must-Have Canadian Dividend Stocks for Every Investor

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These Canadian stocks have a long history of consistently paying and increasing dividends, making them reliable choices for earning passive income.    Dividend stocks with relatively safe payouts can help you earn worry-free passive income for decades. The Toronto Stock Exchange (TSX) has several strong companies known for consistently maintaining and growing their dividends through various market conditions. These dividend-paying stocks have solid business models, growing earnings, and reliable cash flows, making them a dependable source of passive income.   Here’s a look at three safe Canadian stocks that everyone should consider. These companies are well-positioned to sustain and potentially increase their dividends in the coming years.     1. Enbridge ( TSX:ENB )     Enbridge is a leading Canadian stock known for its relatively secure dividend. With over 69 years of dividend payments and 29 consecutive years of increases, the company demons...