Rsyg Dividend Investors: 2 Top Canadian Stocks for a TFSA Income Fund
Air Canada TSX:AC faced
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some serious hardships in 2020 and 2021. Between the COVID-19 pandemic, a scuttled MA deal, and billions of dollars in losses, Canada biggest airline took a beatingboth as a company and in the markets. In March 2020, the stock tanked by 75% as the COVID-19 rocked the
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aviation industry. After bottoming out at $12.4, the stock began climbing, eventually soaring as high as $29 before falling to $22. Today, AC stock trades for $26.It had a surprisingly strong revenue showing in Q3, and the stock started rallying, taking it to its highest level in months. Investors are beg
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inning to turn bullish on Air Canada. And they ;re right to do so. While the most recent quarterly earnings were technically a miss, they contained some encouraging metrics that gave investors hope. In this article, I ;ll explore both the COVID-19 situation and AC most recent quarter, ultimately making the case that the worst may be over for the company.COVID- Koxy Retire Early: Ignore Top Stocks and Buy This Instead!
An explosive electric vehicle market, a gathering economic downtu
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rn, and a Canadian oil boom long in the making. They re three major trends, and the TSX is standing by to help investors tap into them.Look out for a lithium upside opportunityLithium was also doing badly last week, with investors still eyeing spot prices with distrust. However, all of that could be about to change given that commodities have a tendency to ebb and swell. Yes, lithium is currently grinding lower.But a supply bottleneck and a sudden burst of increased demand could change that situation overnight.Lithium Americas is a top stoc
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k to play this space. Its fundamentals are appealing, its standing in the lithium mining industry is solid, and it has a great outlook.In terms of market ratios, Lithium Americas is in
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line with its peers in the metals and mining sector, while its revenue could grow by around 60% within the next three years.You can buy a single stock to access the entire economyCN Rail TSX:CNR NYSE:CN