I’m not the type to invest regularly. Even though I have investments and watch the markets every day, when it comes to buying stocks, I don’t often do that. And there is a reason: I can’t afford it! Well is that I can’t afford it again.
My strategy is to take 10% of every salary I get and put it aside. While I keep some of this money for myself, what I do more regularly is take some of it and put it into my TFSA. There it is safe from my prying hands who want to buy a coffee that I can prepare at home or a pregnant that I really do not need.
Then what I do even more regularly is take a look at my watchlist. This stock list is something I pay attention to, creating buy alerts when stocks drop below a certain price or percentage. Then, if I have money available in my TFSA, I take this opportunity to buy those solid stocks.
It doesn’t take much. You can use the same strategy and put money on your watchlist. You do not have any? Start with these two!
Tincture and Durham
The tech industry is still in liquidation after a year of strong growth. This goes even for businesses that have solid recurring revenues like Tincture and Durham (TSX: MDN). The title is completely undervalued, despite its good performance. The company provides cloud-based software to law firms, financial institutions, and government agencies – all businesses that aren’t going anywhere anytime soon.
Revenue has been strong as a result, increasing year over year by 10% on average over the past few quarters. While stocks have risen 163% since entering the market, stocks are now down 26% from the February high, which is an important starting point. The title is new, so there is a long way to go for long-term investors.
The company has acquisition activity, consumer rebound and a diverse customer base at the enterprise level to continue to generate revenue. This is why analysts give it a potential increase of 58% as of writing! This would turn an investment of $ 2,000 into $ 3,157.
Brookfield Renewable Power
Another stock that received a boost and then a decline is Brookfield Renewable Partners (TSX: BEP.UN) (NYSE: BEP). The company saw a big increase when President Joe Biden announced that billions would be invested in clean energy projects. This company which has a diversified portfolio of clean energy assets around the world would surely benefit from such an investment.
Again after the surge came the downside. While stocks rose 75% last year, those stocks are down 14% from January highs. Meanwhile, revenues have declined but returned solid, providing more opportunities to make more acquisitions in the near future, which in turn will create more revenue.
Over the past decade, stocks have risen 334% for a compound annual growth rate of 16% at the time of writing! That’s strong growth to consider, along with its 2.93% dividend yield. The stock currently has a price target of $ 65 – a potential hike of 22% at the time of writing. This would turn an investment of $ 2,000 into $ 2,452.
Want even more HIGH-GROWTH stock options for your watchlist? Check out this FREE list of five!
Freshly published! 5 actions under $ 49 (FREE REPORT)
Motley Fool CanadaThe Leading Market Team has just released a brand new FREE report revealing 5 “Very Cheap” Stocks You Can Buy Today For Under $ 49 A Share.
Our team believes these 5 stocks are critically undervalued, but more importantly, they could potentially make quick-acting Canadian investors a fortune.
do not miss anything! Just click on the link below to grab your free copy and check out all 5 of these stocks now.
This article represents the opinion of the writer, who may disagree with the official recommendation position of a premium Motley Fool service or advisor. Were Motley! Challenging an investment thesis, even one of our own, helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer, so we’re posting sometimes articles that may not conform to recommendations, rankings or other content.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]