Company News for May 23, 2024

The Motley Fool
1 Dividend Superstar I’D buy over TD Bank Stock
TD (TSX:TD) may still be discounted, but there other great options to buy right now. Here's a top pick better than TD Bank stock right now. The post 1 Dividend Superstar I’D buy over TD Bank Stock appeared first on The Motley Fool Canada.
Moneywise
Kevin O'Leary explains why restaurants are shuttering across America — and why more will follow
An “upscale McDonald's” is a luxury many can't afford, he says.
The Motley Fool
Before You Buy Enbridge: Here’s a Different Dividend Stock I’d Buy First
While Enbridge remains a top investment choice in 2024, this TSX dividend stock is positioned to outpace the Canadian energy giant. The post Before You Buy Enbridge: Here’s a Different Dividend Stock I’d Buy First appeared first on The Motley Fool Canada.
The Motley Fool
TFSA: 3 Canadian Stocks to Buy and Hold Forever
These top Canadian stocks can help TFSA investors generate solid capital gains and dividend income for years. The post TFSA: 3 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
Reuters
C$ rises; bearish bets on currency reach all-time high
The Canadian dollar edged higher against its U.S. counterpart on Monday as investors awaited further insight into the Bank of Canada's move to cut interest rates and after speculators raised their bearish bets on the currency to a record high level. As of June 11, non-commercial accounts had increased their net short positions in the Canadian dollar to 129,493 contracts from 91,639 in the prior week, data on Friday from LSEG and the U.S. Commodity Futures Trading Commission showed.. "The jump in Canadian dollar shorts is a cyclical trade," said Adam Button, chief currency analyst at ForexLive.
Barrons.com
Nvidia Stock Slips. New Price Target Is Highest on Wall Street.
FEATURE Nvidia stock was trading down slightly Monday. The chip maker has been getting more price-target upgrades on Wall Street. Nvidia shares fell 0.6% at $131.07 on Monday. The stock closed up 1.
The Motley Fool
This Could Be the Top Canadian Growth Stock to Buy in 2024
For investors looking at the best Canadian growth stocks to buy right now, here's one top option to consider for long-term upside. The post This Could Be the Top Canadian Growth Stock to Buy in 2024 appeared first on The Motley Fool Canada.
The Motley Fool
8.86% Dividend Yield! I’m Buying This TSX Stock and Holding it for Decades
The TSX is a gold mine of lucrative dividend stocks trading near their multi-year low. An 8.86% dividend yield is rare in large-cap stocks. The post 8.86% Dividend Yield! I’m Buying This TSX Stock and Holding it for Decades appeared first on The Motley Fool Canada.
Financial Post
Canadians getting more anxious about their finances as they await more rate cuts from the Bank of Canada
55% are worried about their personal and day-to-day family finances
The Motley Fool
The Smartest TSX ETF to Buy With $1,000 Right Now
Forget the TSX 60 or the TSX Composite. I prefer the TSX Dividend Aristocrats. The post The Smartest TSX ETF to Buy With $1,000 Right Now appeared first on The Motley Fool Canada.
Barrons.com
Fisker Files for Bankruptcy After EV Stock Bubble Bursts. It Couldn’t Rival Tesla.
Fisker an electric-vehicle start-up that attempted to follow in Tesla footsteps, filed for bankruptcy. It becomes the latest battery-powered car start-up to seek protection from creditors, following Lordstown Motors and Arrival as the electric-vehicle stock bubble is bursting. Founder Henrik Fisker successfully raised more than $1 billion from investors, but was unable to steer a path to profitability for the company.
Business Insider
Brace for a stock-market pullback after an epic start to the year, strategist warns
CFRA's Sam Stovall said history suggests the S&P 500 could slump as much as 12% before notching further gains later this year.
USA TODAY
Chipotle stock split: Investors who hold shares by end of Tuesday included in rare 50-for-1 split
Investors who hold Chipotle stock at the end of trading Tuesday will be recorded for company's stock split. Here's what to know about the next steps.
CNN Business
Elon Musk’s multi-billion paycheck just got approved by stockholders. That could be a fraction of what’s coming
Tesla shareholders on Thursday confirmed they want Elon Musk to get a massive record pay package for running Tesla for the last six years. The question now is, how much will he get going forward?
Barrons.com
How Buffett Has Kept Control of Berkshire After Unloading Over Half His Stock
The arrangement the CEO has set up should allow his three children to exercise considerable sway at the conglomerate after his death.
Financial Post
Bank of Canada rate cut seen revitalizing housing market after 'sleepy' May
CREA predicts this could be the last slow month now that interest rates are moving lower
The Motley Fool
How to Use Your TFSA to Earn $5,000 Per Year in Tax-Free Income
Here's a covered-call ETF that could help you reach your passive-income goals. The post How to Use Your TFSA to Earn $5,000 Per Year in Tax-Free Income appeared first on The Motley Fool Canada.
The Motley Fool
1 Gold Stock to Buy for More Growth, Less Risk
This gold stock has seen shares rise 15% in the last year. But it's more than just the price of gold lending a hand to this rising share price. The post 1 Gold Stock to Buy for More Growth, Less Risk appeared first on The Motley Fool Canada.
Fortune
The U.S. economy is the most dynamic it’s ever been as AI and infrastructure overpower Fed rate hikes, ‘Big Short’ investor Steve Eisman says
"Definitely hold on to your Apple position," he said. "It's too central a figure in the whole story."
GOBankingRates
I’m Retired and I Regret Investing In My 401(k) — Here’s Why
When it comes to funding their golden years, most Americans rely heavily on their 401(k) retirement accounts to make it happen. But for 67-year-old retiree Therese R., that widely-accepted wisdom...

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Company News for May 23, 2024

Latest Stories

1 Dividend Superstar I’D buy over TD Bank Stock

Kevin O'Leary explains why restaurants are shuttering across America — and why more will follow

Before You Buy Enbridge: Here’s a Different Dividend Stock I’d Buy First

TFSA: 3 Canadian Stocks to Buy and Hold Forever

C$ rises; bearish bets on currency reach all-time high

Nvidia Stock Slips. New Price Target Is Highest on Wall Street.

This Could Be the Top Canadian Growth Stock to Buy in 2024

8.86% Dividend Yield! I’m Buying This TSX Stock and Holding it for Decades

Canadians getting more anxious about their finances as they await more rate cuts from the Bank of Canada

The Smartest TSX ETF to Buy With $1,000 Right Now

Fisker Files for Bankruptcy After EV Stock Bubble Bursts. It Couldn’t Rival Tesla.

Brace for a stock-market pullback after an epic start to the year, strategist warns

Chipotle stock split: Investors who hold shares by end of Tuesday included in rare 50-for-1 split

Elon Musk’s multi-billion paycheck just got approved by stockholders. That could be a fraction of what’s coming

How Buffett Has Kept Control of Berkshire After Unloading Over Half His Stock

Bank of Canada rate cut seen revitalizing housing market after 'sleepy' May

How to Use Your TFSA to Earn $5,000 Per Year in Tax-Free Income

1 Gold Stock to Buy for More Growth, Less Risk

The U.S. economy is the most dynamic it’s ever been as AI and infrastructure overpower Fed rate hikes, ‘Big Short’ investor Steve Eisman says

I’m Retired and I Regret Investing In My 401(k) — Here’s Why