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Stock impact report

The 3 Top Canadian Stocks to Buy With $1,000 Right Now [Yahoo! Finance Canada]

Brookfield Corporation Class A Limited Voting Shares (BN) 
If you're considering investing $1,000 in Canadian stocks, look no further than the Canadian dividend all-stars. These companies are champions when it comes to providing consistent, growing dividends, which are a reliable way to grow your investment. In particular, Royal Bank of Canada TSX:RY Brookfield Asset Management TSX:BAM ), and Brookfield Renewable Partners TSX:BEP.UN ) stand out as top choices. Each has its own compelling financial story. Let's explore why these stocks are worth your attention. Royal Bank Starting with Royal Bank, we see a financial titan with a proven track record. The Canadian stock's recent earnings showcase robust performance, with revenue growth of 13% year over year, reflecting its resilience and adaptability in a competitive landscape. With a market cap sitting around $243.89 billion as of late 2024, this bank is well-positioned to continue rewarding investors with its impressive dividends. The bank's forward price-to-earnings (P/E) of 13.37 keep Show less Read more
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