Zillow Group says the tough housing market and rising mortgage rates led to its cautious outlook. Of the 28 analysts with Zillow class C ratings tracked by FactSet half rate the shares Buy or Buy-equivalent. Mortgage rates continue to climb as the spring home buying season reaches its peak period.
A high-yield TSX dividend stock is a buying opportunity for long-term investors. The post 1 Magnificent TSX Dividend Stock Down 9% to Buy and Hold Forever appeared first on The Motley Fool Canada.
(Bloomberg) -- Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans renew.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hype, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe “payment shock” faced by some borrowers is
The Bank of Canada (BoC) may dash hopes of a June interest rate cut and instead move in July, which will give it seven more weeks of key data to confirm the recent trend of a slowing economy and continued easing of inflation, some economists said. Some economists justify the markets hesitation to lock in a June cut by arguing the central bank will have two more sets of inflation, GDP and jobs data to make a more informed decision by waiting till July 24, rather than moving on June 5. "From a risk management standpoint, it makes sense for the Bank of Canada to wait the extra six or seven weeks to be as certain as it can be that the inflation trend is going to continue," said Andrew Kelvin, Head of Canadian and Global Rates Strategy at TD Securities.
There's no shortage of great dividend stocks on the market. These two options can offer decades of income and growth for any portfolio. The post 2 Dividend Stocks to Double Up on Right Now appeared first on The Motley Fool Canada.
"Restaurants brought out the servings slowly and were like, 'Nobody is going to sit there for hours and just eat them.' Actually, lots of people did."
These two Canadian stocks are not only undervalued but also have years of growth potential, making them ideal investments for a TFSA. The post Add These 2 Undervalued Stocks to Your TFSA Before Prices Pick Back Up appeared first on The Motley Fool Canada.
Shares of e-commerce software platform Shopify (NYSE:SHOP) jumped 5.4% in the morning session after Goldman Sachs analyst upgraded the stock's rating from Neutral to Buy and raised the price target from $64 to $74. The new price target represents a 25% premium from where shares traded when the upgrade was announced. The analyst added, "Given Shopify's significant technology moat in eCommerce software and share gain across eCommerce cycles, we believe these investments will drive more durable rev
TORONTO — TD Bank Group's second-quarter profit fell 22 per cent from last year as it booked costs related to a high-profile failure of its U.S. anti-money laundering program.
Asian shares were mostly lower Friday after Wall Street retreated following strong economic reports that raised the possibility of interest rates staying painfully high.
(Bloomberg) -- Toronto-Dominion Bank and its US money-laundering woes are set to dominate the start of Canadian bank earnings season this week. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorIt’s “all eyes on TD,” Bank of America Securities analysts led by Ebrah
PDD Holdings, the owner of Temu and Pinduoduo, is blowing past market expectations with a massive surge in profit and revenue as American and Chinese consumers swarm its bargain shopping apps for low-cost products.
London Drugs says it is "unwilling and unable" to pay the $25 million ransom demanded by cybercriminals who breached the Western Canadian pharmacy and retailer's computer systems in April, which prompted the company to close all of its 79 stores for several days. Heather Yourex-West explains what this could mean for London Drugs' staff and customers.
Nvidia announced a 10-for-1 stock split with the goal of making its $1,000 shares more accessible to employees and investors.
Besides Street analysts’ positive expectations, here are the main fundamental factors that could drive these two TSX stocks higher in the near term. The post These 2 TSX Stocks Have up to 49% Upside, Bay Street Analysts Say appeared first on The Motley Fool Canada.
Enbridge is a high-dividend TSX stock that has created massive wealth for shareholders. Here's one TSX stock that can outpace Enbridge. The post Could Enerflex Become the Next Enbridge? appeared first on The Motley Fool Canada.
Consumer staples stocks are a core part of a diversified portfolio. Here are some of the best stocks to consider now! The post Best Stocks to Buy in May 2024: TSX Consumer Staples Sector appeared first on The Motley Fool Canada.
Key Insights Institutions' substantial holdings in TC Energy implies that they have significant influence over the...
The individual who holds the top spot in the White House come Jan. 20, 2025, will have the power to enact financial policies that could affect America's retired population. While we don't know who...
Last month, the EV maker asked shareholders to reaffirm their approval for Musk's record-breaking compensation after a Delaware judge rejected the package in January. Scottish Mortgage had agreed to the package Tesla set in 2018 and after agreeing to the deal, the firm believes the amount should be paid out, Tom Slater, manager at the investment trust said.
GameStop stock surged early last week in a brief reoccurrence of the "meme stock" craze that disrupted markets in early 2021 and experts remain unsure what to make of it all.
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