After several years of significant macroeconomic headwinds impacting stocks and now with interest rates starting to decline, there are plenty of top TSX stocks for investors to buy right now.
Higher interest rates not only make dividend stocks worth less as yields rise, but they also make it more expensive to service debt, impacting the margins of stocks across many different industries.
So now, as central banks start to look forward to declining interest rates, there are plenty of cheap TSX stocks to buy before they start to rally and recover, ultimately becoming more expensive.
So, with that in mind, if you’re looking for top TSX stocks to buy now, here are my top five to consider today.
Two recovery stocks to buy now
Since the pandemic, a handful of high-quality stocks have never fully recovered, such as Cineplex (TSX:CGX), the massive Canadian entertainment company.
Cineplex initially lost a tonne of its value due to the…
