Written by Brian Paradza, CFA at The Motley Fool Canada
The Toronto Stock Exchange (TSX) is on fire in 2024, hitting new highs and welcoming fresh faces to its ranks. If you’ve got $7,000 burning a hole in your pocket and you’re itching to invest, you’re in luck! The exchange released a list of 30 best-performing stocks in September, providing investors a scoop on some of the hottest Canadian growth stocks recently giving investment portfolios a serious boost.
Led by Hammond Power Solutions (TSX:HPS.A) stock with a 928% total return in three years to June 30, 2024 and anchored by Alamos Gold (TSX:AGI), a gold mining stock that’s outperforming industry peers, the TSX30 list for 2024 features proven compounders of yesteryears. While these top TSX stocks delivered average total returns (dividend-adjusted growth rates) of 234.1%, they did so while concentrating on organic growth and funding mergers and…
