Written by Rajiv Nanjapla at The Motley Fool Canada
After delivering over 7.3% returns in the last quarter, the S&P/TSX Composite Index is up 1.7% this year. Strong quarterly performances and signs of easing inflation have improved investors’ sentiments, thus increasing the equity markets. Meanwhile, here are two TSX stocks that I am bullish on after their solid fourth-quarter performances.
goeasy
goeasy (TSX:GSY) posted a solid fourth-quarter performance earlier this month, with loan originations of $705 million. These loan originations expanded its loan portfolio to $3.65 billion, a 30% increase from the previous year’s quarter amid record credit applications. The company witnessed solid performances in unsecured lending, point-of-sale lending, and automotive financing segments.
The subprime lender witnessed a stable credit and payment performance during the quarter, with its net charge-off rate falling…
