Written by Aditya Raghunath at The Motley Fool Canada
Investing in the stock market can be quite tricky, given the volatility associated with this asset class. It’s essential to consistently identify companies that can deliver outsized returns and thrive across business cycles.
Here are three such stocks I think every Canadian should own in 2024.
Microsoft stock
Valued at a market cap of over US$3 trillion, Microsoft (NASDAQ:MSFT) is the largest company in the world. It leads several growth markets, enjoying a 72% share in the desktop operating system market and a 23% share in the public cloud segment. Additionally, Microsoft’s 365 software suite enjoys high engagement rates while it also dominates the gaming segment with the recent acquisition of Activision Blizzard.
Despite its massive size, Microsoft’s growth story is far from over. Analysts covering the tech giant expect the company to increase sales…
