Sumary of 3 TSX Stocks to Buy for Consistent Solid Returns:
- I’m highlighting three of the best TSX stocks in this article that could keep yielding solid returns in the long term.
- Enbridge stock Enbridge (TSX:ENB)(NYSE:ENB) is one of the best TSX stocks to bet on right now.
- Last year, the COVID-19-driven challenges hurt this energy company’s solid long-term track record of posting consistent earnings growth.
- Besides these positive factors, ENB stock also pays handsome dividends to its investors, and it currently has an impressive dividend yield of 6.6%.
- Canadian Natural Resources stock Canadian Natural Resources (TSX:CNQ)(NYSE:CNQ) is another great Canadian energy stock to add to your portfolio right now.
- Its stock price has risen by about 44% this year so far to $43.89 per share — outperforming the broader market by a wide margin.
- Canadian Natural’s sales growth has remained strong in 2021 after it fell by nearly 26% last year.
- This revenue figure also reflected about 21% increase from its sales in the first half of 2019. That’s why Canadian Natural’s annual earnings this year are expected to increase beyond its pre-pandemic levels.