Earnings season continues this week, with a surge in reports coming down the pipeline. It’s created a crazy scenario on the TSX, as investors try to weigh earnings coming in while waiting on rate decisions from the United States.
However, earnings season is also a prime opportunity for savvy investors to capitalize on stock price movements driven by newly released financial data. Volatility around earnings reports can create temporary price drops in fundamentally strong TSX stocks, presenting excellent buying opportunities. Which is why today we’re going to look at three that should certainly be on the radar of Canadian investors this August.
Thomson Reuters
Thomson Reuters (TSX:TRI) has consistently shown solid revenue and profit growth, making it a reliable investment for Canadian investors. And this can be seen during its most recent earnings reports. In Q1 2024, the company reported an 8% year-over-year increase in…
