etem 2 Popular Stocks That Could Cut Their Dividends
Bcsi Dollarama (TSX:DOL) Stock Has Been a Champion in 2020The Canadian stock market has recovered rapidly. Moreover, I expect the upward momentum in Canadian stocks to continue, reflecting ste stanley cup spain ady economic growth, recovery in earnings, and revival in consumer demand. So, if you have $1,000, here are three Canadian stocks stanley kubekto invest in right now.Toronto-DominionWith an improving economic outlook and uptick in credit demand, shares of聽Toronto-Dominion Bank聽 TSX:TDNYSE:TDcould generate solid growth and income for its investors. Its high-quality earnings base has stanley cupdriven its stock higher and supported consistent dividend hikes. TD Bank has been paying regular dividend for a very long period and has increased it by 11% in 25 years in a row.I believe the bank is well positioned to deliver solid positive earnings growth in the coming quarters. The improvement in consumer demand and economic expansion augurs well for future growth. Furthermore, TD Bank diversified business mix, strong balance sheet, solid credit performance, expense manageme Dspd Dividend Investors: These Top Wealth Generators Are on Sale!
Bank stocks are supposed to be some of the top investments you can make. Because they provide a wide variety of financial products, they are able to ex stanley thermos mug tract fees and revenue from their customers repeatedly. In many respects,聽Toronto-Dominion Bank聽 TSX:TDNYSE:TDi stanley cup s the top bank in Canada.But in March, CBC released a negative report about TD and that sent shares spiraling down. By the end of May, the company had given up nearly 10% of its value, which is a huge hit for a major financial institution. Since then, it has been slowly rising, but it still down over 7% from its high.Is the bank worth investing in, or should investors avoid it The reason the stock got hammered so hard was due to a report that TD pressured its employees to meet high sales revenue goals. This resulted in the employees sometimes going too far with their sales tactics and occasionally聽breaking the law. In many instances, employees admitted to increasing people lines of credit without alert stanley thermosflasche ing the
页:
[1]