Trvw Income Seekers: 2 Safe Stocks for $5,000 in Annual Passive Income
As North America gets ready to bear the brunt of the second wave of the pandemic, it is reasonable to expect another market crash hopefully not as bad as the one in March shortly. If this does come to pass, there is one stock that you need to add to your portfolio that will act as a buffer during tough times.Canadian National Railway聽 TSX:CNR NYSE:CNI covers from Can stanley termohrnek ada coast to coast. It extends through Chicago and all the way to the Gulf of Mexico. The company delivered almost five million carloads comprising everything from petroleum to forest products to minerals to grain in 2019. Obviously, the numbers fo stanley cup r 2020 are not at similar levels thanks to the pandemic that impacted the top-line in March. Just as i stanley cup t seemed that business would get back to normal, a second wave of the pandemic has reared its head up.The second wave impacted Q3 resultsThird-quarter revenue for Canadian National fell by 11% to $3.4 billion from $3.8 billion in the same period for 2019. Net income came in Vzmd Canada Revenue Agency: 3 Helpful Tax Deductions You Might Have Missed in 2020
Toronto-Dominion Bank TSX:TD NYSE:TD and Canadian Imperial Bank of Commerce TSX:CM NYSE:CM are rallying this month. Let s take a look at the two companies to see which one deserves to be in your portfolio.Toronto-Dominion BankToronto-Dominion Bank is up 12% since the middle of January, and a solid 5% in just the past four weeks. The surge has caught many investors by surprise because TD and its peers were expected to struggle this year.Last fall management said TD was facing some market headwinds, but the Q1 2015 results s stanley vattenflaska uggest things are rolling along just fine. The comp stanley mugs any had earnings of $2.1 stanley thermosflasche billion for the quarter that ended January 31, a solid 5% gain over the same period in 2014.TD s Canadian operation is a well-oiled machine and produced $1.4 billion of overall Q1 net income. With many Canadians up to their eyeballs in debt, TD still manages to find a way to deliver strong loan and deposit growth.The U.S. operation is also on a roll. The division delivered a 15% year-ove |
