Best Stocks to Buy in May 2024: TSX Financials Sector

Date:

Image source: Getty Images.

The TSX Index of stocks has a plethora of financial stocks. In fact, Canada is quite well known for its highly regulated and well-managed financial industry. Whether it be its many banks, asset managers, insurance providers, or lenders, there are plenty of interesting financial companies.

If you are looking for some high-quality financial stocks to add to your portfolio, here are three to look at right now.

A TSX insurance stock with a huge growth record

Most Canadians have likely never heard of Trisura Group (TSX:TSU). With a market cap of only $2 billion, it certainly isn’t the largest insurance business. However, it makes up for it with excellent returns, strong growth, and above-average profitability.

Trisura’s stock is up 469% over the past five years. The last couple of years have been volatile. However, on average, this company has delivered for shareholders.

In Canada, it has a platform for…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...