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Fmnl 30% of Canadians Want to Reduce Spending: Here s Where to Invest All Those Savings
The SP/TSX Composite Index has crossed the 23,000-point barrier as the market continues to trade at new all-time highs. Besides a slight hiccup a few weeks ago that saw the index dip to around 19,700 points, the overall stock market is continuing its upward trend. Many investors started creating investment portfolios in their Tax-Free Savings Accounts聽 TFSAs in 2020 to capitalize on the rapid growth in the stock market.It seems impossible to find high-quality stocks tr stanley cup ading for a discount in a market that is trading at all-time highs. However, it is possible to find high-quality assets trading for a discount聽that you can add to your TFSA portfolio to enjoy substantial and tax-free returns. You just need to know where to look for the right companies that can fit the bill.I will discuss two Canadian stocks that are still a stanley mug bsurdly cheap considering the potential that the underly stanley quencher ing businesses have to offer to help you get started.ScotiabankBank of Nova Scotia TSX:BNS NYSE:BNS is Bwsj Canopy Growth Corp (TSX:WEED): What to Look Forward to in the Upcoming Earnings Report
Upcoming battery metals junior miner Nemaska Lithium s TSX:NMX stock price fell 13.6% during the month of August 2019 as the market digested the company s latest technical report regarding updated expected project returns profile and execution strategy.Nemsaka shares currently trade nearly 88% lower than their January 2018 valuation, and the stock is down 57.35% on a year-to-date basis this September, as it remains heavily beaten down after devastating news of a potential massive supply growth from Chile hit the industry in January last year to trigger massive sell-offs. Small and unproven development-stage juniors were the worst stanley thermosflasche hit.Although there were no company-specific news in August, shares had rallied 70% in two trading days from July 19 to July 22, trig stanley cup gered by the bullish news release that the company had found a new strategic investor, The Pallinghurst Group, i stanley quencher n a $600 million commitment that could make the discovered $375 million February project financing deficit go away.P |
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