Category: Stock News
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A Smart Way to Use Your TFSA to Effectively Double Your Contribution
Here is the plain truth: most Canadians are wasting their TFSA (Tax-Free Savings Account) benefits. Several Canadians use the TFSA as a savings account and fail to generate inflation-beating returns over time. But the account was built for something far bigger. If you load it with the right growth stocks and let compounding do its…
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Best Stock to Buy and Hold Forever: Dutch Bros vs. Wingstop
Key Points Dutch Bros is still early in its growth story, with more than 6,000 potential locations left to build and a new consumer products business expanding the brand beyond its stores. Wingstop’s franchise model generates impressive cash flow and has fueled one of the most consistent growth stories in the restaurant industry. Dutch Bros’…
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Stocks Sharply Higher as US-Iran Peace Deal Eases Inflation Risks
The S&P 500 Index ($SPX) (SPY) on Thursday closed up +1.08%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.48%. September E-mini S&P futures (ESU26) rose +1.15%, and September E-mini Nasdaq futures (NQU26) rose +2.44%. Stock indexes settled sharply higher on Thursday as the US-Iran peace deal stoked…
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A 3-Stock TFSA Game Plan for the Rest of 2026
With markets sitting near record highs and valuations looking stretched in some sectors, investors are wondering which TSX stocks might still be attractive to add to a self-directed Tax-Free Savings Account (TFSA) portfolio focused on dividends and long-term total returns. Source: Getty Images Market outlook The announcement of a deal between the United States and…
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U.S. Leading Economic Index Edges Higher For Second Straight Month In May
(RTTNews) – A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators edged higher for the second straight month in May. The Conference Board said its leading economic index inched up by 0.1 percent in May after rising by 0.2 percent in April. The uptick matched economist estimates.…
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Cotton Rally Extending into Wednesday
Cotton price action is trading with gains of 41 to 83 points so far on Wednesday. Futures posted slightly mixed trade on Tuesday, with contracts anywhere from up 2 points to down 9 across the front months. The outside markets were supportive factors, with crude oil futures up 59 cents/barrel and the US dollar index back…
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Interest Rates Aren’t Falling: Here’s What I’d Do With My TFSA
Interest rate cuts seem to be off the table, at least for the time being. With the Bank of Canada (BoC) holding off and investors wondering what the next move will be, questions linger about how to prep one’s Personally, I think that for the average Tax-Free Savings Account (TFSA) investor, it matters less what…
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AI Memory Bottleneck: This Sizzling ETF Lets You Buy Micron, Sandisk, SK Hynix, and Samsung for Less Than $100
Key Points Memory has emerged as one of the biggest bottlenecks in the artificial intelligence (AI) infrastructure space. Also known as the memory wall, this bottleneck occurs when the performance of an AI accelerator, such as a graphics processing unit (GPU), is constrained by slower memory. As a result, companies designing AI accelerator chips have…
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Stocks Rally on Hopes for a Near-term US-Iran Interim Peace Agreement
The S&P 500 Index ($SPX) (SPY) on Friday rose +0.50%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.70%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose +0.64%. June E-mini S&P futures (ESM26) rose +0.65%, and June E-mini Nasdaq futures (NQM26) rose +0.87%. Stocks on Friday extended Thursday’s rally on hopes that the US and Iran will sign an…
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2 Canadian Growth Stocks Worth Adding to a TFSA This Year
It has been a wild year for Canadian growth stocks. Some of Canada’s best-known compounders have collapsed on worries about artificial intelligence threats. Other great Canadian growth stocks have experienced substantial rebounds and are up double digits. There are always opportunities in the market. Sometimes you can buy on momentum. Other times, you can add…
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