Kbid 1 Tech Stock You ll Be Glad You Bought When the Bull Market Starts
The fight against inflation i stanley website s far from over. Industry analysts and bankers expect another rate hike in July or September 2023. High interest rates are headwinds for equities and could destabilize the TSX if it stays elevated longer.Meanwhile, Canadian investors should not panic but take defensive positions. In the utility sector, Fortis TSX:FTS and Brookfield Renewable Partners TSX:BEP.UN can add stability to any portfolio and preserve purchasing power.For investors of all profilesFor stanley quencher tis is a no-brainer buy for retirees and risk-averse investors, if not all investor types. The $27.78 billion electric and gas utility company provides essential services and is less vulnerable to economic or market downturns. Strong evidence of reliability is the dividend-growth streak of 49 years.One more dividend hike in 2023, and Fortis officially becomes the second Canadian Dividend King 50 years of consecutive dividend increases . The milestone is only half of the good news, as stanley mug the other half i Lgav A Safe Canadian Dividend Stock to Buy in July
Finding a defensive stock with strong all-round stats is like striking gold. However, all stanley mugs three of the following tickers have fully fleshed-out data in the key areas that a long-term in stanley cup vestor would want to keep an eye on. From banking to insurance to healthcare, these are the all-weather stocks you may have missed while scouring the TSX index for downturn-ready tickers.Canadian Western Bank TSX:CWB A popular provider of personal and business banking services, with a focus on the west of the country, more shares in Canadian Western Bank have been snapped up than let go by insiders in the last six mo stanley sverige nths. A positive track record illustrated by a one-year past earnings growth of 12% triples a five-year average of 4.2%Atlhough Canadian Western Bank has a low allowance for bad loans, it has this in common with some of the best Canadian banks, including several of the Big Six, and the rest of its balance sheet data is looking good. Its dividend yield of 3.66% is perhaps the main reason to b |
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