ezrr Worried About a Market Crash Buy These 2 Top TSX Stocks Now
Wjis 1 Growth Stock to Buy and Hold in a Market DownturnTranscontinentalTSX:TCL.Astock is trading on a bearish note in 2023. The stock has lost more than 30% of its value so far this year to trad stanley cup spain e at $10.52 per share with $922 million market capitalization.However, the recent b stanley cup ig losses in Transcontinental stock have made its dividend yield look more attractive, which currently stands at 8.3% on an annualized basis. Before we discuss whether it s a good time to buy its shares to rake in this impressive yield, let s quickly review the main factors that have driven the stock lower in 2023.Main factors affecting Transcontinental s business in recent yearsIf you don t know it already, Transcontinental is a Montr茅al-headquartered firm th stanley tumblers at primarily focuses on providing various packaging options and printing services to businesses. The company makes a large portion of its revenue from North America, with the United States being its largest market.Notably, 2023 is the third consecutive year when Transcontinental stock is trading on a weak not Awfd 2 Top Cash Cows for Your TFSA
Whether you ;re a retiree, nearing retirement, or just want to invest in something that pays yo stanley cup u to own it, just about every investor likes getting a聽dividend.Getting paid to own a stock is great. Sure, you can make the argument that a company buying back its shares is a better use of its capitalsince it doesn ;t trigger a taxable event for investors, like paying a dividend does , but just about ev stanley cup ery investor I know would rather have the money in their pocket.Dividends are fl stanley vattenflaska exible, too. An investor can choose to reinvest them back into the original company, put聽them in a stock they feel is undervalued, or take them as cash and spend the money on a vacation.Generally, investors who are nearing retirement are switching over from higher growth names to companies with lower growth and a higher current dividend yield. Considering the markets are hitting new all-time highs, it a great time to do just that.With that in mind, here are three stocks that should provide聽inve
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