Top Canadian Stocks to Buy Right Now With $7,000 [Yahoo! Finance Canada]
Telus Corporation Ordinary Shares (TU)
Last telus corporation ordinary shares earnings: 2/13 06:45 am
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US:NYSE Investor Relations:
telus.com/en/about/investor-relations
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Source: Yahoo! Finance Canada
The Canadian stock market is ripe for investment as the oil and gas sector makes a new high. Moreover, faster interest rate cuts could revive the business environment in a year and boost growth. The $7,000 Tax-Free Savings Account ( TFSA ) contribution room is a golden opportunity to grow your money severalfold as your investments grow tax-free. It means that any dividends you receive or gains you make on a stock sale attract no tax. If a $7,000 investment doubles to $14,000 three years from now and you sell the stock to buy new stocks, you only pay brokerage fees. Rebalancing and reinvesting can help you grow a million-dollar TFSA portfolio in the next 15–20 years and be a tax-free millionaire. Top TFSA stocks to buy with $7,000 The journey towards $1 million begins with your first investment. But it doesn't end with it. Remember, not all your investments will generate profits. Hence, it would be better to diversify your portfolio across sectors, stock types, and asset classes
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TU
News
- These high-yield stocks are likely to keep benefiting from interest-rate cuts [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Tuesday's Insider Report: CIBC CEO gets a $6-million payday [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- TELUS Co. (NYSE: TU) is now covered by analysts at Morgan Stanley. They set an "equal weight" rating on the stock.MarketBeat
- TELUS Co. (NYSE: TU) was downgraded by analysts at National Bank Financial from an "outperform" rating to a "sector perform" rating.MarketBeat
- Why Telus is fighting a federal cabinet order to allow it to share networks with Rogers and Bell [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
TU
Earnings
- 11/8/24 - Beat
TU
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/8/24 - Form 6-K
- TU's page on the SEC website