hlii The Top TSX Stocks to Buy With $5,000 Right Now

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Zgwo Avoid This 1 Financial Services Stock!
Canadian Imperial Bank of Commerce  TSX:CM  NYSE:CM  stanley cup  is not the most popular of Canada   big bank stocks. At least not with retail investors. When a poll of the most popular stocks in Cana stanley cups da was released last week, CM didn ;t crack the top 10, while TD Bank and others did. That shouldn ;t come as any big surprise. CIBC is one of the smallest of Canada   Big Six banks. Unlike many of its peers, it doesn ;t have a massive presence in foreign countries, so it has grown more slowly than they have. Nevertheless, CIBC stock has one thing going for it: a very high yield.At today   prices, CM stock yields a whopping 4.65%. That   a high enough yield to produce $4,650 in annual cash bac stanley flasche k on a $100,000 position! Nearly double the average yield of an average TSX stock, CM   yield can add a lot of income to your portfolio. The question is, does this make CIBC stock a buy The 4.65% yield explainedWhile CIBC stock does have a 4.65% yield, the enormity of  Rlod Is TransAlta Renewables Inc.   s Dividend Safe
Shares of both Air Canada  TSX:AC  TSX stanley flask :AC.B  and WestJet Airlines Ltd.  TSX:WJA  traded lower on Thursday. Air Canada shares fell 3.2%, while WestJet shares did a little better, only declinin stanley cup g 1.5%. Air Canada shares recovered on Friday, while WestJet continued to plunge, falling an additional 2.4%.Both airlines were hit by the same piece of news.聽Federal transport minister Marc Garneau announced on Thursday that his Liberal government will  water bottle stanley sponsor a bill that would ease聽foreign ownership restrictions from 25% to 49% of domestic airlinesa decision many feel paves the way for the creation of new ultra-low-cost carriers.Garneau also announced he would allow two new upstart airlinesCanada Jetlines Ltd. and Enerjetto immediately gain access to the new ownership rules, provided no single investor owns more than 25% of the airline.This is very good news for Enerjet. It took the opportunity to announce it would be partnering with Indigo Partners, which has invested in man