Restaurant Brands (TSX:QSR)(NYSE:QSR) is a great company and has been undervalued for some time. Here's why long-term growth investors should consider this stock right now!
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Cannabis stocks are anything but predictable. If you want to get into them, you definitely are someone willing to take on some risk. Especially over the last few years. Back in 2017 and 2018, it looked like cannabis stocks could do no wrong. But then legalization hit in October 2018. Suddenly, investors were a lot more choosing. Since that time most cannabis stocks have lost more than 50% of their value.
Despite some ups and downs over the last few years, with economists saying again and again that the cannabis bubble has burst, there’s one investors should still hold onto.
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The TSX is filled with dividend-paying companies. However, finding the best income-generating investments out there is a difficult task.
In this article, I’ve consolidated the list down to two of my top high-conviction dividend picks for income investors.
WPT Industrial REIT
In the real estate sector, there is a lot of noise right now around how real estate as an asset class will perform long term. The coronavirus pandemic has permanently changed how we use real estate. In particular, office and retail real estate were likely due for a revaluation prior to the pandemic. Having to work from home and avoid shopping in person has simply accelerated trends that were already underway.
Ryan Vanzo: Fairfax Financial
My top stock for 2021 is
Fairfax Financial (TSX:FFH). The upcoming 12 months could turn volatile, and this stock is a great place to ride out the storm.
Founded by Prem Watsa considered by many to be the Warren Buffett of Canada Fairfax stock has a proven record of growth, even during turbulent markets. In 2008 and 2009, when global markets were plunging, shares actually
grew in value.
The current bull run has left a lot of value stocks behind, Fairfax included. Shares now trade at a huge discount to their historical average, prompting Watsa to commence a major buyback program. Cheap shares and proven resilience make this an attractive stock for 2021.