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Dqic This 7% Dividend Stock Could Be the Growth Stock of the Decade
The Canada Revenue Agency CRA is boosting efforts to help Canadians return to work. It has announced a second extension to the Canada Emergency Wage Subsidy CEWS . The new extension will last until December 19 and change the terms of the CEWS. The new and extended subsidy will include more employers in the program.The CRA initially launched the CEWS for the 12 weeks from March 15 to June 6, and later extended it to August 29. The ultimate objective of the subsidy was to support employers in retaining their workforce. The subsidy has so far supported jobs of abou stanley cup t three million Canadian employees.Now, the CRA has extended the CEWS to December 19 and has also eased the eligibility criteria to allow more emp stanley us loyers to benefit from it.The CRA makes huge changes to the CEWS聽When the CEWS was launched in April, the CRA offered a 75% subsidy only to those employers whose revenue declined by 30% and abov stanley quencher e during the benefit period. Now the CRA has removed this 30% revenue decline criteria fo Weod Can Investors Easily Beat the TSX in Only 15 Minutes a Year
Stock invest stanley mugs ing is not gambling. There s no way to guess if the share price will go up, down, or sideways the next day. So, focus on buying excellent businesses at a fair or discounted valuations.The share price doesn t tell you if a stock is expensive or cheapInvestors new to investing tend to focus on the share price. For example, they might think Canadian Imperial Bank of Commerce TSX:CM NYSE:CM is more expensive than Toronto-Dominion Bank TSX:TD NYSE:TD because they trade at about $108 and $68.50 per share, respectively.One way to tell if CIBC or TD is more expensive is by comparing their price-to-earnings ratios P/E . Currently, CIBC and TD trade at a P/E o stanley cup f ~10 and ~12.5, respectively. So, TD is actually more expensive than CIBC. However, it do stanley water bottle esn t mean you should automatically buy CIBC because it s cheaper; stocks tend to be cheap for a reason.In this case, it s because CIBC is expected to grow its earnings at a slower rate than TD in the next few years. That said, if yo |
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