Written by Rajiv Nanjapla at The Motley Fool Canada
Canadian equity markets were under pressure last month, with the S&P/TSX Composite Index falling 1.8%. The United States Federal Reserve’s delay in slashing interest rates appears to have made investors nervous, leading to weakness in the equity market. Despite the uncertainty, you can buy the following three TSX stocks without hesitation due to their solid underlying businesses and healthy cash flows.
Dollarama
Dollarama (TSX:DOL) has adopted the direct sourcing method, boosting its bargaining power and lowering intermediatory expenses. Besides, its efficient logistics have reduced its costs, thus allowing it to offer various consumer products at attractive prices. So, the Canadian retailer has been witnessing healthy same-store sales irrespective of the macro environment.
It has also expanded its footprint by increasing its store count from 651 in fiscal 2011 to…
