Buy the Dip: 2 Stocks to Buy Today and Hold for the Next 5 Years

Buy the Dip: 2 Stocks to Buy Today and Hold for the Next 5 Years

The equity market bounced back over the past year as fear of recession diminished and inflation cooled down. Further, the expected decline in interest rates acted as a catalyst, driving investors’ risk appetite.  While most Canadian stocks recovered from their lows, shares of a few fundamentally strong companies are still trading at attractive discounts. This provides an opportunity for … Read more

Can Aurora Cannabis Stock Recover in 2024?

Can Aurora Cannabis Stock Recover in 2024?

Aurora Cannabis (TSX:ACB) has arguably been the worst-performing marijuana stock in the last five years. Valued at $283 million by market cap, shares of the licensed cannabis producer are down 99% from all-time highs, burning massive investor wealth in the process. Aurora Cannabis stock was trading at record highs in 2018, just before Canada legalized … Read more

Where Will Brookfield Infrastructure Partners Stock Be in 5 Years?

Where Will Brookfield Infrastructure Partners Stock Be in 5 Years?

Brookfield Infrastructure Partners (TSX:BIP.UN) is one of Canada’s largest infrastructure investors. Holding assets such as cell towers, data centres and ships, it owns a sizeable chunk of the world’s critical infrastructure. That alone doesn’t make its stock a buy, but it does make the Brookfield subsidiary’s collection of assets intriguing. The question investors need to … Read more

20 Things Boomers Should Consider Selling in Retirement

The journey of retirement involves more than just financial planning and investment. It’s also about simplifying life and making room for new experiences. If you are a baby boomer about to retire, consider selling these items to declutter and add some extra money to your retirement nest egg. Vacation Homes Owning vacation homes can be … Read more

Finding Leaders and Bullish Signals on the Price Chart

Finding Leaders and Bullish Signals on the Price Chart

Chartists can improve their odds by focusing on stocks that are in long-term uptrends and showing upside leadership. This is similar to a dual-momentum approach, which was covered last week. Today’s example will use the 40-week SMA to define the trend, a 52-week high to confirm upside leadership and a classic bullish continuation pattern for … Read more