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Everything You Need To Know About Investing In Canada

Smith Pete

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Everything You Need To Know About Investing In Canada

People are turning their heads when they hear “Canada”. Canada is the hottest topic of 2018 and we all know why!

Now is the time to divert your attention to this country. There are so many prospects waiting to be explored, even you wouldn’t believe it.

If you are interested in investing in Canada, know that things are changing at the speed of light in the country.

So,

Make sure you are up to date with the latest happenings in the country to make informed decisions.

3 Canadian Stocks That Will Pop By 15% (At Minimum)

A report by Credit Suisse reveals this is the time to invest in Canadian stocks if you are thinking of investing in Canada.

However,

If you really want to invest, you might want someone to cut the chase and get right to the topic.

See:

Three main stocks are about to rise by 15% or more, according to Credit Suisse, and investors are taking them seriously.

Investing In Canada:

Investing In Canada:

The three stocks are:

Enbridge Inc. (ENB)

Ticker: ENB, Price Target: $55 (+77% from existing levels), current market cap: $67.3 billion.

The stock has been on a positive row because previous major negatives have worked in favor of it. Enbridge (ENB) was up by 0.22 (0.71%) and there’s a lot to explore still.

Encana (ECA)

Ticker: ECA, price target: $17, Market Cap: $12.5 billion

With a high market cap, Encana (ECA) has experienced reasonable rises overtime. Credit Suisse expects the stock to rise further and overtime, to report a 15% rise or above.

Suncor Energy (SU)

If you want to know about investing in Canada, remember the Suncor Energy (SU) stock if you are about to invest.

With a price target of $56 and a market cap of $79.9 billion, Suncor Energy (SU) will continue to rise, estimates Suisse.

On the other hand, small-cap stocks are also in high demand in the country. When talking about investing Canada, don’t forget these top 5 small-cap stocks for investment in 2018:

  1. Reliq Health Technologies (RHT.V)
  2. Cronos Group (CRON)
  3. Eco Atlantic Oil & Gas (EOG.V)
  4. Questor Technology (QST.V)
  5. VentriPoint Diagnostics (VPT.V)

Some are also favoring dividend stocks in Canada.

Diversification is key when it comes to investing. It is important you make the right decisions when it comes to it because things can get tricky with wrong decisions.

Dividend stocks are also popular in Canada but not all pay well. However, when it comes to dividend stocks, Brookfield Infrastructure Partners L.P. (TSX:BIP.UN) (NYSE:BIP) is a top choice.

However, Canada is also amassed with other talks too.

Canopy Growth Vs. Aurora Cannabis

Companies such as Canopy Growth Corp (TSX:WEED) (USA) and Aurora Cannabis Inc. (TSX:ACB) are also making significant rounds. In fact, some wonder, who might be the better choice amongst these two.

Both these companies are on the top at the TSX-Listed contenders. They have a market cap above $10 billion and both are experiencing decent growth. There’s further positive news for Aurora Cannabis Inc. because it is said to get dual listed with the US. Therefore, both these companies, if all goes as planned, will get listed as dual companies, and hence more growth for each of them.

Investing In Canada: Aurora

Investing In Canada: Aurora

Strong companies both of them, they are touted as the market leaders by many. They are experiencing revenue growth and both of them are dealing in recreational supply of the green herb in Canada.

Some are now saying that Aurora is a better choice than Canopy at least in the short term. With a high revenue and profitable operations, it is a stronger company (at least the overall fundamental analysis helps us reach this conclusion).

There’s a lot to explore in Canada when it comes to investing in it. Therefore, all of those who have interested in venturing in the Canadian market should keep the latest trends and recommendations in mind before making the final move.

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