Sitting on Cash? These 2 TSX Stocks Are Great Buys

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If you have made it through the holiday shopping season and still have some cash left over, you might be wise to put some of it to work for you. Christmas presents tend to depreciate quickly.

However, smart investments in quality TSX stocks can appreciate for years and even decades. A smartly purchased stock can be a gift that keeps on giving all year round.

If you are considering what TSX stocks may be a good buy for the new year, here are two that look like decent bargains today.

An underfollowed TSX stock set for a strong 2024

Calian Group (TSX:CGY) has had a challenging year in 2023. The company had to reduce guidance due to some weakness in its cybersecurity division and a decline in margins. This TSX stock pulled back 15% in 2023.

Fortunately, Calian was able to quickly right-size its cost structure, and margins started to recover in the fourth quarter. In fiscal 2023, Calian grew revenues by 13%…

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