Jyan The Best High-Yield Dividend Stock to Buy Today
It ideal to wait for the markets to correct before getting in. It 8
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217 the perfect scenario for beginner investors, but, in time, they learn the hard way that it virtually impossible to get in at a bottom consistently. Moreover, there are opportunity costs of staying on the sidelines for too long.Like it or not, the correction may have alrea
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dy happened, at least with the growthiest parts of this market. So, if you see a bargain, do feel free to buy it, rather than waiting for it to bottom, because market forces may propel the indices much higher towards year end. And the gains to be had from such a market rally could easily dwarf the next corr
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ection.Without further ado, consider the following three cheap Canadian stocks that I ;d buy.OnexOnex TSX:ONEX is a Canadian asset manager that fallen drastically out of favour amid the pandemic. The firm has some pretty wonderful businesses in its portfolio, including WestJet Airlines, that are well posit Firr My 3 Favourite TSX Dividend Stocks Right Now
In the current stock bear market, buying any stocks is synonymous with catching falling knives. Risk-averse investors should avoid the energy, travel, and tourism industries, including airline and hotel stocks.Instead, consider these top-notch dividend stocks that lead their industries and have strong defence against a viciou
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s bear attack. They have been holding up better than most.After this crash is done, investors will first fly back to these quality dividend stocks.Fortis stock is your fort in a stock bear ma
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rketFortis TSX:FTS NYSE:FTS stock s low volatility is demonstrated in the current stock market crash. So far, the TSX has corrected 29% from its high, while Fortis stock has retreated 18%.People use electricity and gas with no regard for the state of the economy. In fact, they are trying to stay/wor
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k at home as much as possible to avoid contracting viruses, which could increase the use of electricity and gas.However, the coronavirus outbreaks have triggered lower traffic or