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During all this market volatility, and even with a better market outlook, it’s still important to stay focused. That means finding stocks that aren’t just going to do well for now, but for the future. Which is why food stocks can be a great place to look.
Food stocks offer you the opportunity to get in on essential items. But not all foods stocks are alike. So today, these are the food stocks I would buy on the TSX today for long-term income.
Maple Leaf Foods
Maple Leaf Foods (TSX:MFI) is a strong option to consider right now, with a dividend yield at 3.38%, and shares only slightly higher than they were at the beginning of the year. The stock has gone up and down, most recently from earnings that show only mild improvements in the last quarter
Sales grew 1.1% year over year, with meat protein sales up 1.4% and plant protein sales up a whopping 61.3%. Capital expenditures came in at $50.5 million, and…
