Many investors struggle because they follow too many stocks… not to mention the “wrong” stocks. Then, once they’ve made their selections, they use emotion, news, or some other subjective guide for when to purchase or sell the stocks. Does that sound familiar?
Here at Invest in the Markets, we use reliable, proven strategies to help us make our selections… and guide our timing to protect our capital and maximize our returns. Keep checking back as I expand this list to the top 10 Canadian Stocks shortly!
Dollarama has done well to service clients with value at minimal prices which keeps them coming back to spend their Loonies and Toonies. In addition to items for everyday use, Dollarama capitalizes on seasonal items, including a large assortment of items related to various celebrations such as Valentines Day, Easter, Halloween, and Christmas among others. With continued expansion and growth in both good and less than good times, Dollarama is a stock I give my dollars to.
Tourmaline is a Canadian intermediate crude oil and natural gas exploration and production company. Positioned well with a large land position, Tourmaline has increasing institutional investment, meaning the professionals are putting their money behind this leadership team and company. Watch for this company to continue to grow its revenues and share price in years to come.
Silver Wheaton has minimal debt (below 5%), a small dividend of 0.32% which only began in March 2011, and a market cap of 12.9 Billion. But the numbers that really impress are it’s 3 year sales growth rate of 56%, it’s 14.5% plus Return on Equity (ROE), and it’s increasing fund ownership as more institutional investors continue to recognize and buy this expanding company. For a “conservative” company profile, it’s a great way to invest in this sector without taking an unnecessary gamble.
Canadian National Railway (CNR.TO) is a slight departure from my usual “picks.” But when you examine the history, their unique place in the transportation sector and their specific numbers, you’ll see why CNR makes the list. CNR operates approximately 20,500 route miles in North America, with the ability to move approximately one tonne of goods 500 miles for a single gallon of fuel. With gross margins over 35%, a 14% EPS growth story, a 20% Return on Equity, and a small divided yield of approximately 1.7%, this company has a little bit for everyone.
It’s not every day a large bank like TD that brags a 13.5% Return on Equity and a 3.6% dividend can continue to grow at 15% plus levels, especially when banks across the world are being slaughtered by the markets. Yet, TD stands out as a model… a demonstrating of responsible growth and expansion.