When considering stocks to buy and hold for the next decade, it's crucial to select companies with robust profit generation, strong balance sheets, and promising growth trajectories. Here are three top TSX stocks that offer exceptional long-term value – provided you buy at the right price. Timing is everything, so look to purchase these gems during market dips for optimal returns.
Brookfield Asset Management stock: A foundation for long-term wealth creation
Brookfield Asset Management (TSX:BAM) is a cornerstone of the financial services sector that you'll want in your portfolio. This global giant has spent 25 years delivering impressive, risk-adjusted returns across a diversified portfolio of assets including renewable power, infrastructure, private equity, real estate, and credit.
With nearly US$1 trillion in assets under management – over half of which are fee-bearing capital – Brookfield boasts a reliable revenue stream from management fees and lucrative performance fees tied to its stellar investment outcomes.
Currently, the stock is fairly valued with a dividend yield of approximately 3.8%. The company's growth potential is substantial, as evidenced by its recent 18% dividend increase in February 2024. This combination of high growth potential and solid dividends makes Brookfield a prime candidate for long-term holding.
RBC: A reliable blue chip stock in any portfolio
Royal Bank of Canada (TSX:RY) stands as one of the oldest and most lucrative institutions in Canada. Its diversified operations span personal and commercial banking, wealth management, capital markets, and insurance.
Over the past decade, RBC has consistently delivered impressive results, with revenue per share growing at a compound annual growth rate (CAGR) of over 12% and diluted earnings per share rising at a CAGR of 6.6%. The bank has more than doubled its dividend over the same period, reflecting a CAGR of approximately 7.8%.
However, priced at $165 per share, RBC is currently trading at the high end of its historical valuation range. For those looking to invest in this stellar bank, it would be wise to wait for a market pullback. For instance, in 2023, RBC shares fell 19% from peak to trough, which was a spectacular buying opportunity.
Loblaw: A defensive retail giant you don't want to miss
Loblaw (TSX:L) was once overlooked due to its modest dividend yield, but that was a significant oversight. Over the past decade, Loblaw stock has outperformed the Canadian stock market by a factor of three, turning an initial $10,000 investment into a remarkable $45,220.
L and XIU Total Return Level data by YCharts
Loblaw dominates the Canadian retail landscape with its strong banners, including Real Canadian Superstore, No Frills, Shoppers Drug Mart, and T&T Supermarket. Its flagship brands, President's Choice and No Name, are household names across Canada.
The stock has surged 37% year to date, and analysts suggest it remains reasonably valued. For long-term investors, this stock offers a compelling opportunity. Consider acquiring shares now and adding more during market corrections or periods of consolidation.
The Foolish investor takeaway
In summary, these three stocks – Brookfield Asset Management, Royal Bank of Canada, and Loblaw – offer strong potential for long-term growth. Keep an eye out for market dips to ensure you buy at advantageous prices and maximize your returns over the next decade.
在考虑未来十年要买入和持有的股票时,选择利润丰厚、资产负债表强劲且增长轨迹光明的公司至关重要。以下是三只具有卓越长期价值的多伦多证券交易所股票——前提是您以合适的价格购买。时机决定一切,因此,请考虑在市场下跌期间购买这些宝石以获得最佳回报。
Brookfield Asset Management股票:创造长期财富的基础
Brookfield Asset Management(多伦多证券交易所股票代码:BAM)是您希望将其纳入投资组合的金融服务行业的基石。这家全球巨头花了25年的时间,通过可再生能源、基础设施、私募股权、房地产和信贷等多元化资产组合实现了可观的风险调整后回报。
布鲁克菲尔德管理着近1万亿美元的资产,其中一半以上是计费资本,拥有可靠的收入来源,包括管理费和与其出色的投资业绩相关的丰厚绩效费。
目前,该股估值合理,股息收益率约为3.8%。该公司的增长潜力巨大,最近于2024年2月增加了18%的股息就证明了这一点。这种高增长潜力和稳健的股息相结合,使布鲁克菲尔德成为长期持股的首选候选人。
加拿大皇家银行:任何投资组合中可靠的蓝筹股
加拿大皇家银行(TSX: RY)是加拿大历史最悠久、最赚钱的机构之一。其多元化业务涵盖个人和商业银行、财富管理、资本市场和保险。
在过去的十年中,加拿大皇家银行一直取得令人印象深刻的业绩,每股收入以超过12%的复合年增长率(CAGR)增长,摊薄后的每股收益以6.6%的复合年增长率增长。该银行的股息同期翻了一番多,复合年增长率约为7.8%。
但是,加拿大皇家银行的定价为每股165美元,目前的交易价格处于其历史估值区间的最高水平。对于那些希望投资这家出色银行的人来说,明智的做法是等待市场回调。例如,在2023年,加拿大皇家银行的股价从峰值到低谷下跌了19%,这是一个绝佳的买入机会。
Loblaw:一家你不想错过的防御性零售巨头
Loblaw(多伦多证券交易所股票代码:L)曾因其股息收益率适中而被忽视,但这是一个重大的疏忽。在过去的十年中,Loblaw股票的表现比加拿大股市高出三倍,使最初的1万美元投资变成了惊人的45,220美元。
YCharts 提供的 L 和 XIU 总回归等级数据
Loblaw凭借其强大的旗帜在加拿大的零售领域占据主导地位,包括真正的加拿大超市、No Frills、Shoppers Drug Mart和T&T超市。其旗舰品牌 “总统之选” 和 “无名” 在加拿大家喻户晓。
该股今年迄今已飙升37%,分析师认为其估值仍合理。对于长期投资者来说,这只股票提供了一个绝佳的机会。考虑立即收购股票,并在市场调整或盘整期间增加更多股票。
愚蠢的投资者要点
总而言之,这三只股票——布鲁克菲尔德资产管理公司、加拿大皇家银行和洛布劳——提供了强大的长期增长潜力。留意市场下跌,确保您以优惠的价格购买,并在未来十年中最大限度地提高回报。