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Rboa Earn Passive RRSP Income the CRA Can t Touch!
Stock investing is the way to go to grow your riches. Here are two cheap growth stocks that have a better chance of maki stanley cup ng you rich than the market, because of their valuations and growth potential. Canadian TireCanadian Tire TSX:CTC.A is a specialty retailer that falls under the consumer discretionary sector. However, its earnings have been more sta stanley cup spain ble than average through economic cycles much more so than many of the companies in the same sector. Therefore, it has also been able to at least maintain its dividend in tough economic times like during recessions. Its e-commerce presence was a key stabilizer of its sales and earnings during the pandemic.An inv botella stanley estment in the growth stock 10 years ago would have delivered total returns of roughly 14% per year, which outperformed the stock market. In this period, it has also increased its dividend at a compound annual growth rate of 17.6%, which is above average among its Canadian Dividend Aristocrat peers.During the pandemic marke Qwcg Manulife Financial Corp. (TSX:MFC) Stock Jumps 5%: Time to Buy
Potash Corp./Saskatchewan Inc. TSXOT NYSEOT just blew through its 12-month high and looks like it is se stanley tumbler tting up for a big run. Here are three reasons why I think the company could continue to go higher through 2015 and beyond.1. Global supply issuesUralkali, the world s largest potash producer, has shut down one of its mines due to inflows of salty water caused by an enormous sinkhole. The size of the sinkhole has nearly doubled since it was first discovered and there are concerns that the entire facility could be at risk. Uralkali was getting roughly 20% of its stanley cup potash from the affected mine.2. Growing demandGlobal demand for potash continued to build through 2014 and th stanley flask e trend should continue this year as Asian countries scramble to add stockpiles before prices increase.Early last year, Uralkali set the market benchmark when it agreed to sell potash to China for $305 per tonne. In September, Oleg Petrov, Uralkali s head of sales, told analysts that he expected the 2015 contract |
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