A Canadian Stock to Watch as 2025 Kicks Off

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With the TSX Index slipping more than 4% to end off what’s been an extraordinary year of gains (still up 17.7% year to date), value investors may have an opportunity to take advantage of some of the bargains that Mr. Market may have left under the tree this holiday season. Undoubtedly, a new year also means another $7,000 for investors to contribute to their TFSAs (Tax-Free Savings Accounts).

So, even for those who don’t intend on picking anything up in the final few trading weeks of the year, it’s a good time to start thinking about what to add to your list as we head into 2025, which will likely be full of bargain stocks.

At this juncture, it seems like expectations are relatively muted for 2025. Indeed, we’ve had quite the run-up in these past two years. And though some, like Fundstrat’s Tom Lee, expect a correction to hit at some point in 2025 (he thinks the second half of 2025 is likeliest), investors shouldn’t…

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