Bnzo Better Buy for Passive Income: Suncor or TD Bank Stock
Market volatility for much of 2022 has exposed some compelling opportunities for investors to buy some great stocks at discounted prices. That includes some simple TSX stocks that can be purchased with as little as $25 righ
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t now.Here s a look at three different options to consider buying.Option 1- Renewable energyTransAlta Renewables TSX:RNW is a renewable energy stock that should be on the radar of investors everywhere. Apart from the massive long-term potential harnessed from renewables, TransAlta boasts a well-diversified growing portfolio of facilities.Currently, those facilities include solar, wind, hydro, and gas sites across Canada, the U.S., and Australia. Collectively, those facilities generate over 3,000 MW of electricity.Worth noting is that TransAlta follows the same business model as its fossi
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l-fuel burning peers. In other words, those facilities are backed by long-term
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regulatory contracts. Those contracts provide a steady stream of revenue, which in turn means TransAlt Vzvd 3 Reasons to Buy Enbridge Inc. (TSX:ENB) Today
Last month,聽BlackBerry Ltd. TSX:BB NYSE:BB posted a good earnings report that beat expectations and continued to show gr
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owth among its key segments. However, despite the positive quarter, the stock has gone on to decline and is now down 20% in just the last month. From over $16 a share, the stock is now struggling to stay above $13.What behind the decline It may seem a bit confusing as to why BlackBerry has fallen so much despite an earnings beat, but there are a couple of reasons that could explain why the stock has continued to slide.First, although BlackBerry beat earnings and its profits were up, it did benefit from fair value adjustments, and sales were pe
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rhaps not as strong as investors had hoped for. The stock had seen significant growth up to that point, but without a big increase in sales, investors may have found it difficult to justify the high price tag.Even after the sell-off, BlackBerry stock still trades at more than
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17 times its earnings, making it a