5 best home stocks for Canadians


While it makes sense that this week’s strongest positive momentum was generated by pharmaceutical stocks, a vaccine may still be a long way off. It may take several months, or even the next year, before an effective vaccine becomes widely available. Even then, there is the possibility that the vaccine will need to be a seasonal vaccine that people will need to take regularly.This latter consideration means that a complete social recovery is unlikely to be clearly defined. As we have seen in Canada, the spread of COVID-19 has been uneven; any recovery thereof may also be irregular. Investors may therefore want to settle in “the new normal” for reduced long-term operations in several sectors. Elements of the “stay at home” model could be with us to stay.

Content streaming stocks are strong

There are many reasons why ECB (TSX: BCE) (NYSE: BCE) is on a leading equity watch list. From its tasty dividend yield of 5.6% to its approximate third of wireless market share, BCE is a solid player. But perhaps one of the best reasons to buy BCE is the disruption that content streamers are causing to the entertainment industry. Watch AMC an expected loss of US $ 2.4 billion in Q1 as an indicator of the amount of diverted revenue.

Rogers Communications is a game similar to BCE, but with a few key differences. On the one hand, Rogers allows access to some of our greatest cultural icons. From the Raptors to the Maple Leafs to the Rogers Center itself, this name is on the wish list of all TSX investors. However, Rogers paying a dividend of 3.4%, BCE has a better return; this latter title also posted the best recent performance in the markets.

Home shopping stocks outperform

With its benefits and its relevance in the middle of a pandemic, Shopify (TSX: SHOP) (NYSE: SHOP) has generated a lot of shorthand in the past few months. However, it must be said that not only is it arguably Canada’s largest company, it is also well-positioned for years of growth. Shopify could very well be the next Amazon – a stock that Warren Buffett missed.

Investors still have more to gain from Shopify, with a high target of $ 1,190. However, the value that investors may want to wait for the varnish to rough out on it before starting or increasing a position. With a low target of $ 441, however, the low is certainly far away. A better game than betting on the farm, therefore, could be to slowly fill the nest, buying smaller bundles of actions on the descending cycles.

Loblaw and Couche-Tard Food complete this list of main household stocks. The two names are central to the consumer staples segment of the TSX and each pays their own dividend: 1.85% and 0.63%. However, although these two grocery titles seem similar at first glance, they each have their own strength: Loblaw is particularly well diversified between asset types, for example, while the other titles have a strong geographic distribution.

Technology stocks are not known for their affordability. But there are a few names on the TSX that match the value with strong long-term potential. We have gathered some for you …

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John Mackey, CEO of Whole Foods Market, an affiliate of Amazon, is a member of the board of directors of The Motley Fool. Fool contributor Victoria Hetherington has no positions in any of the stocks mentioned. David Gardner owns shares of Amazon. Tom Gardner owns Shopify shares. The Motley Fool owns and recommends Amazon, Shopify and Shopify. The Motley Fool recommends ALIMENTATION COUCHE-TARD INC and ROGERS COMMUNICATIONS INC. CL B NV and recommends the following options: short calls January 2022 $ 1940 on Amazon and long calls January 2022 $ 1920 on Amazon.


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