Creating a diversified portfolio in your Tax-Free Savings Account (TFSA) is one of the smartest moves for long-term financial growth. By spreading your investments across various sectors and industries, you reduce the impact of any single investment’s downturn — all while positioning yourself to capture opportunities in multiple areas. It’s like creating a buffet: no one dish dominates, and every choice complements the rest. So, let’s look at some options.
Waste Connections
Waste Connections (TSX:WCN) is a powerhouse in the waste management industry, a sector that thrives regardless of economic conditions. Waste disposal is a necessity, making WCN a dependable choice for stability. In its most recent quarter, WCN reported a 13.3% year-over-year increase in revenue to $2.34 billion, surpassing analysts’ expectations.
The Canadian stock’s diluted earnings per share (EPS) of $1.35 also beat projections, showcasing strong…
