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Investing in industrial stocks can be a great way for long-term Canadian investors to multiply their hard-earned savings. Most industrial companies listed on the TSX play a key role in sectors like manufacturing and construction, which act as the Canadian economy’s backbone.
Well-established Canadian industrial companies offer steady growth, making them ideal for conservative long-term investors. In addition, including industrial stocks in your portfolio can help you reduce your risk profile by diversifying your stock portfolio, which can ultimately help you navigate periods of economic uncertainty. In this article, I’ll highlight two of the best industrial stocks you can buy on the TSX today.
SNC-Lavalin stock
SNC-Lavalin Group (TSX:ATRL) is a Montréal-headquartered industrial company with a market cap of $7.2 billion, as its stock trades at $41.24 per share after rallying nearly 73% in 2023 so far….
