When doing a Canadian stock market analysis, researchers and investors will find a much brighter, hopeful situation than what is going on down south. While America struggles to pull itself out of an economic ditch, Canada seems to be much better off.
TSX, the Toronto Stock Exchange, is the largest and most successful stock exchange in the Great White North. With over 1,000 companies, TSX is still doing quite well.
Here are some of the major stocks to look out for: (continue reading…)
The Canadian stock market began modestly in 1861. With a membership fee of only $5.00 and trading only 18 stocks, the Toronto Stock Exchange (TSX) entered the marketplace. By 1901, scarcely forty years after its birth, the Toronto Stock Exchange reached the million trades per year milestone and had admitted one hundred companies to the Exchange. By 1926, the trading volume increased ten-fold. Shortly thereafter, the Toronto Stock Exchange merged with the Standard Stock and Mining Exchange, creating the third largest marketplace in North America. The Exchange implemented the world’s first Computer Assisted Trading System, and was the first marketplace in North America to launch decimal trading.
The Canadian stock market is a great market for an investor to involve themselves with simply because Canada is in much better financial shape than most any other developed country in the world. Its debt is relatively low when compared to that of their neighbors to the south, and Canadians have been known to be very fiscally responsible even when the economy was booming. With this kind of stability in mind, it is important that investors look to certain stocks to capitalize on when they enter the Canadian market. (continue reading…)
Before discussing whether penny stock picks are a good idea for investors, let us delve into understanding a little about this type of investment. (continue reading…)