The TSX has been flat over the past two years because of broad investor uncertainty about the effects of inflation.
While the year-over-year figure shrunk to 3.1 per cent in November 2023, down from 8.1 per cent in June 2022, prices still remain high, especially for food, energy and property, as businesses position themselves for an ongoing economic slowdown driven by slumping consumer spending.
One way investors can skirt this near-term uncertainty is by emphasizing quality stocks, whose sound assets and financial performance provide protection against fluctuations in the macro environment.
This week on Buzz on Bullboards, we highlight three such quality stocks well worth a run through your due diligence process.
Gatekeeper Systems (TSXV:GSI; Forum), an intelligence video and data solutions provider to the transportation industry, posted net income of C$2.8 million in 2023, an increase of 50 per cent year-over-year.
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