For investors looking to dominate the market in August, finding the Best TSX Stocks to buy and load up on during downturns is a great idea.
Truth be told, most Canadian stocks have had a relatively strong year, with a number of defensive plays and companies providing meaningful dividend income seeing recent surges, alongside declining interest rates. I think that trend could continue, and the two companies on this list certainly represent solid plays from an income perspective.
For those looking for defensive exposure, dividend income, and solid long-term growth and value, these are three top TSX stocks to consider right now.
Fortis
Fortis (TSX:FTS) owns and operates 10 utility transmission and distribution assets in the United States and Canada. The company serves more than 3.4 million customers in the region and owns smaller stakes in electricity generation and multiple Caribbean utilities. The utilities giant has created an…
