3 Cheap Canadian Stocks I’d Buy With $2,000 Right Now

3 cheap canadian stocks id buy with 2000 right now

Sumary of 3 Cheap Canadian Stocks I’d Buy With $2,000 Right Now:

  • When investing in stocks, Motley Fool investors should always pay attention to companies’ long-term fundamentals instead of just looking at its recent stock movement.
  • Keeping that in mind, let’s look at three top Canadian stocks that I would buy with $2,000 right now based on their improving long-term fundamental outlooks.
  • B)(NYSE:RCI) is one of the top Canadian telecom services providers.
  • Its stock is continuing to underperform the broader market this year, as it trades at $60.58 per share with only 3% year-to-date gains.
  • The company posted nearly 27% YoY (year-over-year) earnings growth in the second quarter, as its total revenues surged by 13.5% from a year ago.
  • Despite beating analysts’ sales estimates in the first half of the year, its stock hasn’t seen much appreciation.
  • That’s why long-term investors can buy Rogers Communications stock right now without waiting for its Shaw Communications acquisition deal to be approved.
  • Apart from its ongoing financial recovery, Rogers’s dividend yield of about 3.3% makes its stock even more attractive.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close