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There is enough evidence to prove that equities have generated inflation-beating returns for investors over the long term. Despite multiple bear markets, most equity indices regain momentum as sentiment improves to deliver game-changing returns over time.
It’s essential to identify quality companies equipped with strong balance sheets and wide economic moats that have the potential to outpace the broader markets consistently. Keeping this in mind, here are three quality Canadian stocks you can consider owning in 2024.
Brookfield Asset Management stock
Among the largest asset managers globally, Brookfield Asset Management (TSX:BAM) should be on top of your shopping list today. Valued at $20 billion by market cap, BAM offers shareholders a tasty dividend yield of 3.3%.
An alternative asset manager, Brookfield aims to grow earnings and dividends between 15% and 20% annually through 2028. If it can achieve…
