|
Sify Enbridge Inc.: A Classic Buy-the-Dip Stock
It became official last week. The TSX fell by 10.8% from the heights on March 29 of this year, bottoming out and starting a climb once more. It led to stronger investor sentiment, but the question is, where It no longer the strong days of g stanley cup rowth stocks. Inflation and rising interest rates have Canadians being a bit more careful with their money. B stanley cup usa ut that doesn ;t mean you can ;t take advantage of what going on today.What happened After the market correction hit last week, shares have slowly but steadily been climbing upwards. Shares are up 3% since the bottom hit on May 12. But what does that mean in terms of past market corrections While there is absolutely no way to plan a market bottom, we can look to historical performance to s stanley cups uk ee how we might plan for the future. Let look at the market correction that hit back in 2018, before the pandemic crash in March 2020.Shares first dropped by 8% on the TSX in January 2018, rebounding by February. Then Evjh 3 Heavyweight TSX Stocks to Watch This Week
The thirst for yield has been a major contributor to rising stocks in both Canada and the United States. On stanley water bottle e of the best places to get yield has been from high-yield companies like Chartwell Retirement Residences TSX:CSH.UN , a company that has its tentacles in two major themes: the run on real estate and the trend towards a greying Canadian population that is looking for a place to spend their golden years.This Canadian-focused company serves Canadians in four provinces across Canada. The company focuses on providing retirement residences ranging from independent to assisted-living communities.聽The company focuses on providing living quarters for seniors, a business which it continues to expand. As of its Q2 2019 report, Chartwell had a number of new resi stanley bottles dences in various stages of development, with many of these new additions actively in progress while others are still being planned.聽In addition to its organic c stanley flask onstruction and development, the company is also acquiring existing prop |
|