5 Undervalued Canadian Stocks to Buy in July 2024
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- Опубліковано 29 чер 2024
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Hello everyone, I am Daniel Pronk and in today's video we discuss 5 undervalued Canadian stocks.
00:00 - Introduction
01:55 - Stock #1
10:48 - Stock #2
17:07 - Stock #3
22:52 - Stock #4
28:04 - Stock #5
Disclaimer: Before we dive into this discussion, I want to make it clear that I am not a financial advisor, and nothing I say is intended to be a recommendation to buy or sell any financial instrument. All trading and investing activities must comply with the regulations set forth by the Securities and Exchange Commission (SEC). I will never ask you to send me money to trade for you, and if you come across any suspicious emails or fake social media profiles claiming to be me, please report them immediately. Additionally, it's important to remember that there are no guarantees or certainties in trading or investing, and you should never invest money that you can't afford to lose. While my videos may contain affiliate links or sponsorship to products I believe will add value to your life, it's crucial to conduct your own research before making any financial decisions. - Розваги
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon.
What's the best approach to capitalize on the current market conditions? I'm deliberately on whether to diversify my $150k stocks portfolio. What strategy should I employ
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/ETF you focus on
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secured for over five years, yielding nearly $1 million in returns on investments
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help
Timothy Eric Meek is the licensed fiduciary I use, just research the name you'd find a necessary details to work with a correspondence to set-up an appointment
Investors should exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
My CFA ’Melissa Jean Talingdan’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
I recently sold some of my NVDA stock to secure profits, but I'm retaining a portion for the long term. Nvidia's growth potential remains robust. I'm considering diversifying my 6-figure portfolio, but I'm uncertain about managing risks in my next move.
Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
While keeping your portfolio allocations balanced, de-risk your investments, support your core holdings, and take some gains. Even managed portfolios don't always perform as well as I would advise, so it's essential to get the advice of a qualified fiduciary; my spouse and I find that this works for us. Net of dividends, we have had over 80% capital growth.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
‘Dianne Sarah Olson’ is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.
I’m currently retired, and considering the current rollercoaster nature of the stock market, I decided to stay on the sideline for awhile, now I’m worried with the numerous bank failures as of late, am I better off reinvesting my savings in the stock market or do I wait?
Given the prevailing market conditions and the potential risks associated with the current economy, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold. Alternatively, seeking advice from a financial advisor could provide valuable guidance in this matter.
True, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Jane Nina Pickett’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!
Thanks for sharing, I just did a web check with her full names mentioned
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It's truly refreshing to see a comment about Jane Nina Pickett. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure.
Nice to see this here, Jane's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Jane's insights. It's akin to finding a diamond in a coal mine.
From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
As a beginner, it's essential for you to have a mentor to keep you accountable...
Kerrie Farrell program is widely available online...
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...
I think the stock market will do well in 2024, so I'm thinking of putting $220,000 into stocks for my retirement. Any advice on doing this safely? Also, any important tips for the current financial situation?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!
To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The video I was waiting for. I have EQB, GSY and ATD. Let's go! Thx for update.
The most significant lesson I gained from the stock market in 2024 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key
Certainty eludes everyone; thus, it's vital to establish your own methodology, handle risk, and adhere to your strategy unwaveringly. This commitment should endure challenges and successes, all while maintaining a commitment to ongoing learning and improvement.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Interesting, Who is the professional who is advising you, if you could perhaps tell us? As a novice investing in stocks without the correct direction of a professional, I have lost a lot of money.
Her name is “VIVIAN CAROL GIOIA” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
My top pick from this video is definetely BAM, top tier management, market cap not outrageous, high dividend growth, 4% dividend yield makes me feel good on top of capital appreciation. It's just great overall.
It's just got its fingers in so many things.
Bam and EQB ..The inly two buys for me in this list
EQB has net loans of about $50 billion with 38.3 million shares outstanding, that's over $1300 per share. With TBV at less than $65 per share, they have roughly 20 times the loans than the bank is worth. The other Canadian banks have roughly 12 times. So if 5% of their loans go into default the bank is wiped out. TD is a much safer investment. I agree with your thoughts about Granite REIT.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
she's mostly on Instagrams, using the user name
Can you make a video, about the whole brookfield family (what companies belong to brookfield, what do they do and what are the best picks for different investors?)
Thanks Daniel for this great video !
why didnt you consider putting Dollarama stock in this video. it has done really well. I just did a home run with Dollarama and itwill continue to grow even higher.
I also found out about granite reit! This one has a lot of potential,especially when interest rates goes down. Clearly undervalued.
What about Magna international?? Down 25% ytd and red on a 10 year chart lol. Also almost 5% dividend yield at this price.
Pretty awesome video 👏
Thank you
You're a source of inspiration! 🌟 -- "Success is not in what you have, but who you are.."
ATD The company says the earnings decline was in part from lower gross margins on fuel...love your channel!
Here's a suggestion, I got this idea from you when you reviewed BABA, check out the Chinese stocks their economy has taken a hit but it's only a matter of time before it rebounds. Buy low sell high!
I picked up some EQB @ $80 on the last dip.
Can you do a stock video on KSPI?
It looks super undervalued sitting at a P/FCF and growing revenues at 25% per year and earnings even faster.
Low PE and high growth gold stocks should be on your list, in case all miss the targets. Be safe as RY
Which broker you use to buy EQB
As a Canadian investor, ATD is the only one in my top 15 Canadian stocks list. But too be fair, all the best Canadian stocks in my top 15 are overpriced and will not make this video as undervalued stocks.
Bam owns cdk which just had a huge cyberattack. Cdk has been down for almost two weeks and services about 15k dealerahips. Lots of customer info was stolen the extent of which we do not know yet. They will have to pay lots of damages of the next few years
Why did u stop replace BN with BAM?? U were so heavy on BN previously.. why the sudden shift???
is bam looking more attractive than BN now?
Your consistency and dedication to this channel are commendable! Kudos to your hard work! -- "Hard work is the bridge between dreams and reality.."
I only own one Canadian company, CP.
Not buying lulu on this massive down swing with no changes to fundamentals?
Daniel did say that he was very interested in the stock and that it needed a correction
EQB ✔️
Why BAM over BN? Chuck Akre went heavy BN.
I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated
nice! once you hit a big milestone, the next comes easier. How can i reach him, if you don't mind me asking?
I've just looked up his full name on my browser and found his webpage without sweat, very much appreciate this.
Haha worst acting
Do you not like Canadian energy ?
It's a woke and wef world
@@GeraldBeagan-ee6se needs to be an investing world.
29:09 REXR?
HIGH TIDE
Shh don't let them know bro
Only stock I ever heard on this list are Brookfield...
Newbie q: What's an easy way to buy canadian stock? I can't see them on Robinhood
IBKR
Brookfield forever 😂
.
Great video but I could not invest in a subprime lender for ethical reason. Predatory and destructive to society. Not a business I want to support with my money. Ick.
Is this guy beating the market yet? 🙄
Capital gain tax change for Canada: m.ua-cam.com/video/QTn6fZjg-Qo/v-deo.html
Daniel: would be good if you can make a video on this
Moomoo’s customer service is terrible. Bunch of hardly speaking English people who don’t understand a word. Don’t fall for it
You’re not pumping your dormant stocks at all
You don’t need to invest . Everybody should use his brain before using money to invest
These ain’t penny stocks..
2000 views and pumping billiong dollar market caps 😐...
@@perpetualdividends6719 That’s brain power for u..
@@perpetualdividends6719 by a audience who is able mostly to put monthly couple hundreds of dollar 😂