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2023-12-20 16:10:00 ET Canadian investors continue to have passive income on their minds. Yet many seem to focus on dividend income for that goal. However, returns are just as important if you want to create long-term passive income. This is why electric vehicle (EV) stocks still have a...
2023-12-20 15:30:00 ET A lot has changed over the last five years. We’ve gone from a bull market to a bear market to a pandemic to another bull market, and now we’re deep inside a bear market. But things look like there might be some improvements. Even so, it’s uncl...
2023-12-15 21:00:00 ET After two years of stock market bearishness driven by the rising interest rate, there are hopes of a recovery next year. The Bank of Canada paused interest rate hikes, giving some relief to businesses and consumers. The TSX Composite Index seems to have bottom...
2023-12-15 16:10:00 ET After witnessing about 26% value erosion in 2022, shares of Magna International ( TSX:MG ) have traded on a mixed note in 2023 so far. As of December 14, MG stock was trading with 3.3% YTD (year to date) gains at $78.54 per share with the help of a recent reco...
2023-12-15 02:55:00 ET Summary My interest rate on my line of credit was around 3%. As interest rates are likely to hit a plateau soon, chances are that it’s a good thing to be invested in tech stocks. Home Depot reported declining numbers as revenue was down 3% and EPS...
2023-12-14 17:00:00 ET Markets showed signs of life on Wednesday, as the TSX Index rallied by nearly 2% in a single day. Undoubtedly, investors are starting to get really optimistic (dare I say euphoric) going into the new year. Though the risks seem to be eroding, investors should always b...
2023-12-14 16:40:00 ET It’s time to buy Magna International ( TSX:MG ) stock while the recovery rally is just beginning. And I have every reason to be bullish on it. Magna’s stock bottomed out in October and has surged 17% since then. I am bullish on the stock and ...
2023-12-14 16:00:00 ET Despite a challenging macro environment in 2023, growth stocks part of the tech sector have staged an impressive comeback year to date. However, several companies continue to trade significantly below all-time highs, allowing you to buy the dip and benefit from outsiz...
Magna and 360ofme to Host Women of Inforum@CES Networking Reception to Connect Women in Tech PR Newswire – Fifth Women of Inforum@CES event provides the opportunity for professionals in automotive, technology, and manufacturing to relax, connect, and network –...
2023-12-12 15:30:00 ET Shares of Magna International ( TSX:MG ) continue to upset investors who bought in during the highs of the last few years. Yet many hold out hope that the stock is going to recover eventually. That time may have come. Let’s look at what’s bee...
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2024-07-11 16:00:00 ET The TSX Composite Index has been bearish in the last two years, with small bouts of dips and rallies keeping the two-year growth almost flat. In this subdued market, a few stocks surged while a few went into a downturn. Companies with debt on their balance s...
2024-07-10 16:40:00 ET The Bank of Canada marked its first rate cut on June 5, 2024; as of this writing, eight of 11 primary sectors are in positive territory. Some market observers say a rate cut isn’t the only catalyst for a bull run, although many believe otherwise. Still, TSX inv...
2024-07-10 15:30:00 ET The TSX stock market is at a point where it could see a reversal of the last two-year trend of rising interest rates and slowing economic growth. While the U.S. Fed has delayed the interest rate cut to the later months of 2024, the Bank of Canada initiated the rat...