vhst 2 TSX Stocks to Buy This Month and 1 to Avoid
Krbs Intact Financial Corporation: Now Is a Great Time to Buy This Forever StockThe SP/TSX Composite Index had a rough 2020, including a pandemic-induced market crash in mid-March. On the last trading day of the year, the index closed at 17,433.40, or 55% higher than its low of 11,228.50 on March 23, 2020. As of January 5, 2021, the index climbed even higher to 17,682.51+1% , which seems to suggest the rally is continuing in 2021.Brian Belski, Chief Investment Strategist at Bank of Montreal, predicts that Canada s pri stanley cups mary stock market will post double-digit gains, leadingstanley quencher to a record19,500 by year-end. Notwithstanding the threats of the new coronavirus strain, there are two must-own TSX stocks for 2021. One is a growth stock, while the other is an instant hedge against a market crash.Growth is for realFor the second straight year, Real MattersTSX:REALrewarded investors with massive gains. The tech stock s total return in 2020 was 56%, although this year appears to be more promising. Analysts forecast the share price to breach the $30 stanley cupmark in the next 12 Tzxo 2 TSX Utilities I d Buy Over Algonquin Stock Right Now
Crescent Point Energy Corp.TSX:CPGNYSE:CPGhas long received credit by analysts for the quality of its asset base and its feverish pace of acquisitions and production growth. The company had 275 boe/d production in 2001, and in Q4 2015 this had grown to 176,000 boe/d production, a staggering compound annual growth rate of 58%.Despite this, many investors were frustrated with Crescent Point prior to the crash due to its fairly flat share price growth. Crescent Point made a strategic decision to focus on its dividend鈥攐ffering a yield double that of its North American peers鈥攁s a way to attrac stanley cup t a larger base of U.S. shareholders.This meant that Crescent Point devoted most of its free cash flow to paying its dividend and even offered a DRIP program to fund part of it stanley cup s dividend through issuing shares. Crescent Point then funded its growth by making acquisitions and paying for them by issuing equity. While Crescent Point 82 stanley tumbler 17production grew at an impressive 15% CAGR since 2010, its p
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