2 Canadian Growth Stocks I'd Stash in a TFSA for the Long Haul [Yahoo! Finance Canada]
New Gold Inc. (NGD)
NASDAQ:AMEX Investor Relations:
newgold.com/investors
Company Research
Source: Yahoo! Finance Canada
Growth stocks can be a fantastic addition to a Tax-Free Savings Account (TFSA) for long-term investors. These offer the potential for significant capital appreciation over time without being subject to taxes on gains. The TFSA allows you to reinvest any growth without worrying about capital gains tax, meaning that as your growth stocks increase in value, you can keep more of the profit. While growth stocks might not always pay dividends, these stocks have the ability to outperform over the long term, especially in sectors like technology or healthcare, and can help compound your returns inside a tax-free wrapper. And that's ideal for building wealth! So, let's look at some stellar growth stocks to consider. New Gold New Gold TSX:NGD ) on the TSX is experiencing strong momentum as it enters a sustained period of free cash flow generation. The growth stock produced 68,598 ounces of gold and 13.6 million pounds of copper in the second quarter (Q2) of 2024, maintaining operational
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NGD
News
- Wall Street Analysts Think New Gold (NGD) Is a Good Investment: Is It? [Yahoo! Finance]Yahoo! Finance
- New Gold (NGD) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- New Gold Inc. (NYSE: NGD) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- New Gold Inc. (NYSE: NGD) had its price target raised by analysts at Scotiabank from $2.75 to $3.25. They now have a "sector outperform" rating on the stock.MarketBeat
- New Gold (NGD) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
NGD
Earnings
- 7/30/24 - Beat
NGD
Sec Filings
- 9/17/24 - Form 6-K
- 9/11/24 - Form 6-K
- 9/9/24 - Form 6-K
- NGD's page on the SEC website