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Summer rhymes with more time outside, pool parties, or sunset walks, but it’s actually a good time to benefit from the opportunities on the market while it’s a little quieter. Interested in CWB.TO, STN.TO, TIH.TO, CPX.TO, or DOL.TO? Dive in with us!

*We decided to split the episode into two smaller parts. Today, we’ll do the Canadian Stocks to Buy and you’ll get the US ones tomorrow.
 

You’ll Learn

• Let’s start with Canadian Western Bank (CWB.TO). National Bank announced it wanted to buy CWB. What are the great lines of this deal and why is Canadian Western Bank becoming a better buy opportunity than NA?
• What are the downsides to consider from this financial stock before buying it?
• The next one is in the industrial sector. Stantec (STN.TO) has a PRO Rating and a Dividend Safety Score of 4 at DSR, which are pretty good ratings. However, it is not a stock we follow closely. So, what brought Mike’s attention to it?
• What should investors be more cautious about?
• Another industrial stock, Toromont Industries (TIH.TO). Why would you add it to your buy list?
• TIH.TO remains a cyclical stock. What else should investors keep in mind before pulling the trigger?
• Moving on to a utility company: Capital Power (CPX.TO). How to describe it and what makes it a good buy?
• Capital Power is a capital-intensive company that grows through acquisitions. This could remind us of Algonquin. What should we follow closely for this one?
• Last one for today: Dollarama (DOL.TO). What currently makes it attractive?
• Considering the prices DOL sells at, we could think its margins are not high. Is this a risk for the business?
• Would Mike consider all the stocks mentioned today as core holdings or long-term plays?

Audio Length: 00:34:41 

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