It is no secret that investing in the TSXV is a smart way to gain financial stability and grow your wealth. However, with the ever-changing market environment, investors need to be updated with the best weekly stocks. This article looks at the top five weekly TSXV stocks for today.
The first stock on the list is Vanstar Mining Resources, which rose on news of its pending acquisition by IamGold. The proposed acquisition is expected to provide greater financial stability and diversification to Vanstar’s shares. Investors are encouraged to watch Vanstar closely in the weeks ahead as the transaction could add value to the stock.
In second place is RioCan Real Estate Investment Trust, which is trading at a yield of 5.75%. This stock is attractive to income investors looking for steady returns on their investment. RioCan has a strong balance sheet and is well-positioned for long-term growth.
Next we have Kinder Morgan Canada Ltd., a midstream energy company that is trading at a yield of 4%. This stock is suitable for investors seeking to benefit from the oil and gas sector. Kinder Morgan has a history of steady dividend payments and has an impressive track record of maintaining its dividend.
Fourth is Kinross Gold Corporation, trading at an impressive yield of 6%. Kinross is well-known for its gold exploration and production activities. Kinross has strong cash flow and is well-positioned for continued growth.
Last but not least is TransCanada Corporation, a diversified energy infrastructure giant trading at a yield of 5.7%. TransCanada has a number of assets in the energy sector, ranging from gas pipelines to power generation. Its diverse operations make it a valuable addition to any portfolio.
These five weekly stocks on the TSXV are a great way to start investing in the Canadian market. All five stocks have strong fundamentals and have a history of providing investors with steady returns. For investors looking for long-term growth, these stocks are definitely worth considering.