Image source: Getty Images
The stock market has a plethora of options you could consider. Each stock offers different things. There are dividend stocks whose stock price doesn’t grow much, but you get a quarterly payout. There are growth stocks — some that give stable growth and some that are volatile. There is one rule for every stock: buy the dip and sell the rally.
Five top Canadian stocks for new investors
Not all stocks trading at their lows may be a buy. You need to know the business risk and have at least one reason to believe the stock can grow in the future.
Growth stocks to buy in 2024
Air Canada (TSX:AC) stock is trading near its pandemic low at around $18, despite reversing its 2022 net loss of $1.7 billion to $2.27 billion net profit in 2023. The airline also reduced its net debt to $4.56 billion. However, the airline industry is a capital-intensive one with thin margins. The passenger volume growth has…
