Jzuj Millennials: The 3 Best Growth ETFs to Own Today
The month of August was a mixed bag of good and bad news. It started with some recovery-driven earnings, but mid-way through the month fea
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rs around th
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e fourth wave escalated, pulling the stock market to a correction. But these fears are s
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hort-lived as vaccination rates are increasing. There will be pandemic waves, and global economies will see some challenges as they ease lockdown restrictions. But sooner or later, things will return to normal.聽Stocks under $5聽If you already missed the recovery rally that the vaccine news kickstarted in November 2020, don t miss this reopening rally. It doesn t take much to invest in stocks. Below I have identified three stocks trading below $5 a share that hold significant upside potential.聽Chorus Aviation聽Chorus Aviation聽 TSX:CHR stock dipped more than 19% since July as the fears of the fourth wave haunted the aviation sector. But you can t ignore the 126% recovery rally the share showed between November 2020 and June 2021. In the third wave, the sh Qquy Air Canada (TSX:AC) Stock: 2 Facts Every Investor Must Know
Unlike other utility companies that are comfortable with organic growth,聽Fortis Inc.聽 TSX:FTS has taken an acquisitive approach to expanding its operations. Historically, this has worked quite well for the company. However, the focus was predominately in Canada with multiple purchases expanding Fortis exposure in Alberta and British Columbia.Starting in 2011, Fortis crossed the border and bought assets in the Uni
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ted States. It tried to buy the聽Ce
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ntral Vermont Public Service CVPS for US$700 million, but it was outbid. It finally succeeded in its U.S. expansion by acquiring CH Energy Group, an energy company for upstate New York, for US$1.5 billion. At the time, this added 300,000 electric and 75,000 natural gas customers to Fortis portfolio.Growing bold, it acquired UNS Energy, an Arizona utility company, for US$2.5 billion at the end of 2013. This added an additional 650,000 customers of natural gas and electricity, primarily in Tuscon but also a
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