Hundreds of Canadian stocks have dual listings on either the New York Stock Exchange (NYSE) or the NASDAQ. This is the most convenient way to get exposure to Canadian stocks because there are no barriers to stock ownership. These shares can be purchased in U.S. dollars directly from the exchange just like purchasing a U.S. stock.
Are Canadian banks a good investment?
Many Canadian banks have a track record of solid performance that can provide long-term value to a portfolio. And several of these stocks pay dividends with attractive yields for investors. This sector makes up the largest percentage of the TSX at roughly 30%. And the Royal Bank of Canada (NYSE:RY) is the top-weighted constituent in the TSX.
Is Royal Bank of Canada a good stock to buy?
Like almost all other Canadian banks, the primary reason many investors are attracted to the Royal Bank of Canada is its safe and healthy dividends. It’s also one of the best growth stocks in the banking sector. It has a presence in over 27 countries and serves 17 million domestic and international clients. 13. Toronto-Dominion Bank Stock
Should you buy Pembina Pipeline stock in Canada?
Pembina Pipeline Stock Pembina is one of the few energy stocks in Canada that you can buy not just for their dividends but steady and relatively reliable capital appreciation, albeit a slow one. The company made an impressive recovery from the 2015 fall, which puts it a step ahead of the sector curve anyway.