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Ciro Invest Like Warren Buffett: Buy This TSX Stock
When market volatility hits, we tend to focus on the shorter-term impact on our portfolios. What we often dismiss is the longer-term impact. More specifically, we dismiss how some of the smartest stocks to buy on the market now trade at discounted levels.Here are some of the smartest stocks to buy now that can be purchased for as little as $20.Renewable energy is a great long-term investmentThe need for sustainable, renewable energy has grown in importance over the past decade. And as governments around the world impose cleaner standards for elec stanley romania tricity generation, traditional utilities are scrambling to transition to renewables.In the case of TransAlta Renewables TSX:RNW , that transition is a non-ev stanley cup becher ent. TransAlta operates a renewable portfolio of over 4 stanley mug 5 sites located across Canada, the U.S., and Australia.Like its fossil fuel peers, TransAlta s sites are bound by long-term regulatory contracts that often span several decades in duration. This means that the company generates a recu Zejx Why I Bet Half My Annual TFSA Contribution on Alimentation Couche-Tard (TSX:ATD.B)
Canadian Imperial Bank of Commerce TSX:CM NYSE:CM has a reputation for big blunders, and that tends to drive investors towards its larger peers. But Canada s baby of the Big Five banks has cleaned up its act and investors should start giving it stanley thermoskannen more respect.Here s why.1. Strong earningsAmid a difficult economic enviro vaso stanley nment, CIBC is delivering solid results.For the quarter ended July 31, the company reported adjusted net income of $990 million, up from $908 million during the same quarter la stanley cup nz st year.CIBC continues to see strong numbers in its Canadian retail unit, which produced a healthy 8% jump in year-over-year earnings. The company has shifted its strategy in recent years, and is much more focused on building strong relationships with its clients.CIBC used to originate a large part of its mortgages through brokers, but has moved most of that business into the branches. This gives staff a chance to sell add-on products and services such as lines of credit, credit cards, and investm |
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