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Is It Too Late to Buy Silver Stocks?
Is It Too Late to Buy Silver Stocks?

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time5 days ago

  • Business
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Is It Too Late to Buy Silver Stocks?

Written by Joey Frenette at The Motley Fool Canada Silver stocks have been on such an amazing run that it may finally be time to trade in your gold bars for a piece of the much-cheaper (and perhaps more undervalued, at least according to the gold-silver ratio) precious metal. Of course, gold and silver have both been robust additions to diversified TFSA (Tax-Free Savings Account) portfolios over the past year or so. And while gold has drawn most of the attention (it's a much 'prettier' metal for sure), I do think that silver's quiet surge is worth getting behind, especially given the potential for industrial demand (it's actually an ingredient in solar panels) to take things up a notch. Although I'm not a fan of chasing hot stocks, I do think that it's a much better idea to pick up commodities on strength rather than weakness. Indeed, silver (and other commodities) can go to sleep in a form of hibernation for many, many years. Now that silver has woken up with a huge breakout that's sent the metal up more than 30% year to date, perhaps it's no longer gold that shines brightest (gold is up around 26% year to date). In any case, I'm a bigger fan of the silver chart amid this recent melt-up to highs not seen in more than a decade. It's tough to predict how many legs the great silver surge of 2025 has. Things can reverse course rather quickly, making the asset rather tricky to trade on seasonal strength. That said, for investors looking to enhance their TFSA portfolio's diversification for the summer, I think silver is a great addition, provided you have realistic expectations about returns going forward. Indeed, silver's incredible first half may very well be met by a bit of a hangover that drags well into the winter and the start of 2026. Either way, dollar-cost averaging (DCA) seems to be my preferred way to build a full position over time. That way, if silver starts to sag (it does dip rather violently), you'll be able to buy more bullion or shares of something like the Sprott Physical Silver Trust (TSX:PSLV) to lower your cost basis. Between bullion and precious metal mining stocks with silver exposure, I'm inclined to go with the former for those looking for less beta. However, for those who want more on the returns front, it's tough to bet against something like First Majestic Silver (TSX:AG), which is experiencing immense production strength. And, of course, there's a dividend, but a 0.22% yield isn't much of a needle-mover for most. In any case, given the dividend growth potential and an impressive full-year guide that's in place, I'd certainly not count AG shares out, especially as it looks to make up for lost time by gaining on the back of the recent surge in silver, which I don't think is yet fully priced into a stock that's still well off its highs. With as much as 15.8 million ounces of silver expected for the year (and a considerable amount of gold expected as well), AG stock may shape up to be a relative bargain compared to physical bullion. The post Is It Too Late to Buy Silver Stocks? appeared first on The Motley Fool Canada. Before you buy stock in First Majestic Silver, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and First Majestic Silver wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Joey Frenette has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025

Dividend Investing: 2 Undervalued Stocks to Buy and Hold for the Next 5 to 8 Years
Dividend Investing: 2 Undervalued Stocks to Buy and Hold for the Next 5 to 8 Years

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time6 days ago

  • Business
  • Yahoo

Dividend Investing: 2 Undervalued Stocks to Buy and Hold for the Next 5 to 8 Years

Written by Joey Frenette at The Motley Fool Canada Canadian dividend investors have plenty of yield-heavy options as we approach the middle of July and the peak summer season. Undoubtedly, the TSX Index is running hot, but after President Donald Trump's latest tariff threats (of 35%), the TSX could run out of steam and sit on the sidelines, even as the S&P 500 and Nasdaq 100 indices continue to proceed higher. Indeed, it's a frustrating time for some Canadian investors exposed to those tariff-sensitive plays. But given the market's resilience and the fact that Canada wants to play ball (they pulled back on the DST (Digital Services Tax) to resume negotiations with the U.S.), I do think that investors probably shouldn't opt to sell now as they plan to buy into weakness. It's hard to tell when the next correction will hit or if the 35% tariff will even see the light of day come the start of August. Indeed, the can may be kicked further down the road, or we may get a surprise deal that sets the TSX Index up very well for a strong finish to 2025. In any case, timing the market or trying to predict things is never a good idea for new investors. Instead, it pays literal dividends to go for the undervalued names on weakness as you aim to hold them for years at a time before their full worth is recognized by most other investors. Here are two dividend-paying names I like for the next five to eight years (and even beyond): First up, we have a fertilizer-producing top dog in Nutrien (TSX:NTR), which sports a nice 3.8% yield at the time of writing. And while the stock received another downgrade (to Hold from Buy), this time courtesy of Jefferies. Indeed, there may be a lack of catalysts ahead, and the potential for fertilizer prices to retreat a bit. And while Nutrien can't control which direction potash (and other agricultural commodity) prices move over the short term, I do think the firm is excelling at driving down costs of production and riding out periods of industry stagnation. Despite the recent downgrades and calls for more muted upside, I remain a bull for the soaring global population that calls for higher crop yields. While the $40 billion producer may get a bit choppier from here (1.2 beta, which entails more volatility than the TSX Index on average), I think any dips will be more than worth buying for the long haul. Shares are still down around 40% and offer plenty of bang for the buck. BCE (TSX:BCE) disappointed many income investors when it reduced its payout, but with a more sustainable 5.8%-yielding dividend, I do think it's time for value hunters to get back into the name on recent strength. Sure, the latest 9% pop off recent lows may be dwarfed by the nearly 60% implosion that preceded it. Simply put, BCE is profoundly unloved, but may be in for a considerable relief bounce at some point over the next couple of years. But with deep value to be had and a massive valuation 'reset' now in the books, it may not take much to send shares rocketing higher again. Additionally, I think the AI data centre initiative (Bell AI Fabric) is quite intriguing and could eventually grow into a nice business that helps nudge BCE to its former glory. In the meantime, look for the fibre-first move and cost cuts to help BCE gain ground as the telecom improves the state of its balance sheet. The post Dividend Investing: 2 Undervalued Stocks to Buy and Hold for the Next 5 to 8 Years appeared first on The Motley Fool Canada. Before you buy stock in BCE, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and BCE wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Joey Frenette has no position in any of the stocks mentioned. The Motley Fool recommends Nutrien. The Motley Fool has a disclosure policy. 2025

What Are Some Good Energy Stocks to Buy Now?
What Are Some Good Energy Stocks to Buy Now?

Yahoo

time12-07-2025

  • Business
  • Yahoo

What Are Some Good Energy Stocks to Buy Now?

Written by Joey Frenette at The Motley Fool Canada Energy stocks can be quite volatile, especially if macro events send prices viciously in either direction. Undoubtedly, timing the price moves of various commodities can be incredibly hard to do. There are just too many variables to make it worth the while to predict what a specific commodity (especially oil, uranium, or anything else tied to energy) is going to do over the short- to medium-term. Heck, even the long-term forecast can be quite cloudy, given just how unpredictable the future can be. Black swans happen, and unless you've got some sort of crystal ball, you're going to need to be prepared to deal with them as they swim by. Like it or not, the magnitude of volatility facing the top energy plays isn't going anywhere. But for those who do have a strong stomach for high-beta volatility (higher beta entails more correlation to the TSX), I do think it's a smart move to be a net buyer of the highest-quality energy stocks during their moments of immense weakness. In this piece, we'll have a quick look at two names in the oil patch that have been reeling lately. Indeed, oil prices aren't skyrocketing. But they don't have to be for the following operationally-efficient players to do well and continue producing immense amounts of cash flow for reinvestment and distribution (in the form of dividends). Suncor Energy (TSX:SU) is a $66 billion relative value play in the Canadian energy patch. And while the longer-term chart (think the 10-year) may be less impressive than that of many of its peers (big and small), I do see serious value for those willing to buy and hold for at least the next five years. Indeed, getting paid a fat 4.5%-yielding dividend while you wait certainly makes the long-term hold that much easier! And if oil prices experience a sudden surge due to some unforeseen event, perhaps the dividend stands to grow at a rate that's slightly above what investors have come to expect. Either way, I'm a big fan of the value to be had from the name while it's going for just 11.2 times trailing price-to-earnings (P/E). That's too cheap for a misunderstood blue-chip stock that has what it takes to ride out periods when oil prices are on the lower end. Sure, Suncor goes for a hefty discount to its peers, but if long-term value is what you seek, I think it's time to stash the name on your radar. It's one of my top long-term value plays in the energy patch, and it's worth considering while its yield is well above 4%. Cenovus Energy (TSX:CVE) has had a terrible start to 2025, now down 11% year to date, putting the name around 35% away from its 2022 all-time highs. The $35.6 billion firm has a 4.3% dividend yield and a similar beta (1.27) to Suncor. And while the negative momentum has been tougher to get behind of late, I still think the name could be a great bounce-back option once oil prices get going again. For now, the company is in cost-cutting mode, even after posting some decent Q1 earnings to go with a nice dividend hike. All considered, CVE stock looks deeply undervalued at a 12.9 times trailing P/E. It's tough to tell how much room there is for the latest bounce off multi-year lows to run. Either way, newer investors should look to buy incrementally over time for the passive income and decent value proposition. The post What Are Some Good Energy Stocks to Buy Now? appeared first on The Motley Fool Canada. Before you buy stock in Cenovus Energy, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Cenovus Energy wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Joey Frenette has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

1 TFSA-Worthy Dividend Stock to Buy and Hold for Life
1 TFSA-Worthy Dividend Stock to Buy and Hold for Life

Yahoo

time11-07-2025

  • Business
  • Yahoo

1 TFSA-Worthy Dividend Stock to Buy and Hold for Life

Written by Joey Frenette at The Motley Fool Canada Not all that many dividend stocks out there are worthy of a spot in your TFSA (Tax-Free Savings Account), especially with the TSX Index sitting within a percentage point or two away from all-time highs. Not only do you need to have a fundamentally sound firm with a solid growth profile and a well-covered payout, but you also need to ensure you're paying a somewhat fair price of admission. With the broad markets looking to make even higher highs this summer, even after all the geopolitical shocks we've been through in recent quarters, investors can expect to pay a hefty premium for the most premier dividend growers. And while it's always best to insist on the largest discount (and, with that, a wide margin of safety), investors shouldn't be too against paying a fair price for a great stock. And in this environment, perhaps the slightest of discounts to your expectation of intrinsic value is good enough to warrant putting a good amount of money to work. CN Rail (TSX:CNR) may be an economically sensitive stock that's been lagging far behind the rest of the market. But history suggests it doesn't take all too long for the $90 billion railway juggernaut to shrug off its bear moments en route to some form of ricochet. Over the past five years, shares of the dividend growth gem have lagged behind the rest of the market by a wide margin, rising just 17% over the period. With shares still in a bear market (down exactly 20% from the top), the name seems as untimely as ever. And while CNR stock's slump could last a while longer (who knows if it's a few quarters or another year) as seemingly worsening trade headwinds and a dip in consumer sentiment hit hard, I do think the name will, in due time, find a way to return to its TSX Index-beating ways. The stock may not be cheap at 20 times trailing price-to-earnings (P/E), but I think it's a fair price to pay for one of the most respected dividend growers in the country. Additionally, the 2.5% dividend yield is close to a full percentage point higher than it was when CNR stock was considered a 'capital gains' play. That's a great deal for a wide-moat dividend growth stock, at least in my books. Bank of Montreal (TSX:BMO) chief investment strategist Brian Belski thinks the trade-oriented names are oversold and perhaps overdue for some outperformance moving forward. CN Rail is one of the names with a favourable rating from Belski and his team. I think he's spot-on to stick with the rail titan as the firm looks to position itself ahead of the next big economic expansion that may very well follow some trade deals inked in the second half. Perhaps the biggest reason to stash CNR stock away for the long haul is its multi-decade-long streak of hiking the dividend. More recently, the firm hiked its payout by 5% despite industry pressures. In good times and bad, CN Rail seems to deliver for income investors, and for that reason, it's worth picking up even as it stays in a bear market while the TSX blasts off to new heights. The post 1 TFSA-Worthy Dividend Stock to Buy and Hold for Life appeared first on The Motley Fool Canada. Before you buy stock in Bank of Montreal, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Bank of Montreal wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit Fool contributor Joey Frenette has positions in Bank of Montreal and Canadian National Railway. The Motley Fool recommends Canadian National Railway. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

What's 1 Undervalued Dividend Stock to Buy Right Now?
What's 1 Undervalued Dividend Stock to Buy Right Now?

Yahoo

time10-07-2025

  • Business
  • Yahoo

What's 1 Undervalued Dividend Stock to Buy Right Now?

Written by Joey Frenette at The Motley Fool Canada If you stood on the sidelines during the impressive April-July rally in the TSX Index, you may be wondering if it's better to just say you missed it and sit on your hands for a while longer as you wait for the next inevitable stock market correction. Indeed, 10–15% corrections aren't all that uncommon, after all. And with stocks recovering in such a roaring fashion, it's certainly not out of the question to have another near-term pullback for the broad Canadian market. Who knows? As Trump's tariff talks pick up in July, we may see another round of panic selling similar to Liberation Day. Despite the rising risk of correction, I believe that new investors shouldn't stay glued to the bleachers as they wait for a market event that probably won't occur in a timeframe that's all too convenient. Indeed, how many times have you simply waited for a pullback, only to witness a continued rally that caused you to give in and buy shares of your favourite firms at even higher prices? Indeed, there's a risk of being left out, especially if you're a new investor who's more inclined to time the market over the short term. Buying corrections sounds pretty easy on paper. But the wait can be a long one, and even if it happens, there's no guarantee you'll be able to pick up shares of what you want at a price you've been targeting. Additionally, buying dips may no longer be effective once the next prolonged bear market emerges. For DIY investors, being more selective in such a market could pay big dividends. And in this piece, we'll have a look at a single name that I think fits the bill as a low-cost dividend stock worth buying, even as the TSX Index goes from lukewarm to quite heated. Telus (TSX:T) is the Canadian telecom firm we all know and love. Its stock has been stuck in the bargain bin for a few years now. And while the industry-wide price wars and a negative shift in consumer spending could continue to work against Telus and the rest of the industry going into the new year, I do find that the stock is cheap enough such that it isn't going to take a great deal to move the needle higher on a stock that many long-time income investors have parted ways with. Indeed, Telus has kept its payout intact and seems poised to continue doing so over the foreseeable future, even if industry headwinds don't fade away in the back half of the year. For a 7.6%-yielder, the dividend is quite well-covered. And while I wouldn't get my hopes up for more dividend hikes going into 2026 until the telecom industry is dealt a bit of relief for a change, I find shares of T to be one of the dividend value plays to keep on the radar. Sure, the TSX Index is looking up, but for Telus stock, it has a long road ahead of it. And it's worth backing if you want a secure payout and worthy managers who have the competence to sail through the typhoon of telecom tremors. In my books, Telus is still a blue chip and one that's to be relied on as long as its dividend stays healthy. The post What's 1 Undervalued Dividend Stock to Buy Right Now? appeared first on The Motley Fool Canada. Before you buy stock in Telus, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Telus wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit Fool contributor Joey Frenette has no position in any of the stocks mentioned. The Motley Fool recommends TELUS. The Motley Fool has a disclosure policy. 2025

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