Hi everyone,
While the stock markets are still relatively low, and as optimism begins to grow for economic recovery, what are your picks for high-quality, yet currently under-valued Canadian companies? And why?
I continue to like the big Canadian banks (e.g., BNS, RY, BMO, CM). Although their stock prices have been moving up, their dividend-paying histories are solid, and the Canadian banks have fared relatively well through the past difficult months.
I also like the "infrastructure" companies (e.g., TIH, ARE), particularly with government spending heading in that direction, i.e. infrastructure, over the coming months/years. Many of these companies pay dividends as well, and are currently well off of their high price-points.
While the stock markets are still relatively low, and as optimism begins to grow for economic recovery, what are your picks for high-quality, yet currently under-valued Canadian companies? And why?
I continue to like the big Canadian banks (e.g., BNS, RY, BMO, CM). Although their stock prices have been moving up, their dividend-paying histories are solid, and the Canadian banks have fared relatively well through the past difficult months.
I also like the "infrastructure" companies (e.g., TIH, ARE), particularly with government spending heading in that direction, i.e. infrastructure, over the coming months/years. Many of these companies pay dividends as well, and are currently well off of their high price-points.