Top 3 Undervalued Canadian Stocks I'm Watching to BUY in 2020!
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In this video, I share the Top 3 Undervalued CANADIAN Stocks to Buy in 2020! Check out my Instagram (Investing Engineered): https://bit.ly/2RzrJbo
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In this video, I discuss the top 3 best UNDERVALUED Canadian stocks to buy in 2020! Recently, the Canadian stock market crashed and is now presenting some excellent stock buying opportunities for long term investors! As a long term investor, I'm looking to buy companies that have a long track record of capital appreciation and dividend growth, which is the main criteria for the top stocks I will be sharing with you today.
There are actually some great benefits to investing in Canada when compared to investing in the United States! First of all, Canada has some of the BEST dividend paying stocks and Real Estate Investment Trusts (REITs) in the world, along with companies that have been able to generate long lasting share appreciation. Secondly, by investing in Canadian stocks, you can avoid currency exchange conversion rates, which are extremely high when compared to history! Although Canada might not have the best growth stocks, I am a firm believer that picking the right companies with solid balance sheets, high return on equity, and strong dividend growth will yield high stock investment returns over the long term.
BUT keep in mind... even though I believe these stocks are undervalued and are great businesses, it doesn't mean the stock prices can't fall further! Always do your own stock research and make cautious decisions before investing into a falling stock, no matter how great the business is.
Anyways, thank you for watching! If you did enjoy, please hit the LIKE button to support my channel – I would really appreciate it. Also, be sure to SUBSCRIBE for more weekly content on personal finance, business, and investing!
Please note that I am not a financial advisor. I create these videos for educational and entertainment purposes only. Before investing, make sure you perform your own research and understand all of the risks involved!
Music by Lakey Inspired – check out his channel here: https://bit.ly/2OIb6Kl
Cheers,
Investing Engineered
Nick Peitsch, E.I.T.
#Investing #Stocks #Canada
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