Amid falling interest rates, easing inflation, and solid September employment numbers in the United States, the Canadian equity markets are upbeat this year, with the S&P/TSX Composite Index rising around 14.9%. Meanwhile, the following three stocks have outperformed the broader equity markets this year and could continue their uptrend, given their solid underlying businesses and healthy growth prospects.
Dollarama
Dollarama (TSX:DOL) has adopted a superior direct-sourcing model, strengthening its bargaining power and lowering intermediary expenses. Besides, its efficient logistics system allows it to offer various consumer products at attractive prices, thus enjoying healthy same-store sales even during challenging market conditions. After a 16.3% increase in the year-ago period, the company’s same-store sales grew 5.1% in the first two quarters of this fiscal year.
Meanwhile, Dollarama’s management has credited its…
