Latest news with #JitendraParashar
Yahoo
14 hours ago
- Business
- Yahoo
2 Rallying TSX Stocks You'll Wish You Bought Sooner
Written by Jitendra Parashar at The Motley Fool Canada We've all been there – you check a stock you were eyeing, and boom, it's already up 40% or 50% since you first thought about buying it. That sting of 'I should've bought it' hits hard. The good news is, most growth stories aren't over with just one rally. In fact, some TSX stocks that have surged recently still show strong momentum, supported by their improving fundamentals. In this article, let's look at two Canadian stocks that have been rallying, and why it still might not be too late to buy them for the long term. G Mining Ventures (TSX:GMIN) has seen a massive move lately but still has long-term potential written all over it. This gold miner has been up more than 117% in the last year and trades at $18.72 per share with a market cap of about $4.2 billion. G Mining is developing precious metals projects in Brazil and Guyana, anchored by its producing Tocantinzinho mine and the advancing Oko West project. In the March quarter, G Mining produced over 35,500 ounces of gold at an impressive all-in sustaining cost of US$960 per ounce. Despite some seasonal rain impacting its mining activity, the company still delivered strong free cash flow of US$36 million and net profit of US$24.4 million. Notably, its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) hit US$68.6 million last quarter, showing how well its ramp-up is going. With its production expected to increase through the second half of 2025 as higher-grade ore becomes available, G Mining seems well on track to meet its annual guidance of up to 200,000 ounces. In addition, the company recently released a positive feasibility study for its Oko West project, suggesting an after-tax value of US$2.2 billion and a mine life of over 12 years. For long-term investors seeking exposure to a fast-growing gold producer with exploration upside and strong project economics, G Mining Ventures could be a compelling stock to consider. Another TSX stock that's been gaining solid momentum in 2025 is Aritzia (TSX:ATZ). This company's growth story is hard to ignore right now. The Vancouver-based apparel retailer is known for its portfolio of exclusive fashion brands and strong e-commerce platform. Aritzia stock has surged nearly 79% over the past year and currently trades at $67.44 per share with a market cap of $7.7 billion. In its most recent quarter (ended in February 2025), Aritzia delivered 31.3% YoY (year-over-year) sales growth with the help of strong U.S. demand and e-commerce sales. For the quarter, its adjusted earnings also shot up 156% YoY, and its adjusted EBITDA margin improved to 18% from 10.6%. Notably, the company opened 12 new boutiques in its fiscal year 2025 (ended in February), including a flagship on Manhattan's Fifth Avenue, and it's not slowing down. With its net revenue expected to grow up to 19% in fiscal 2026, Aritzia is leaning into its growth drivers, even as U.S. tariffs add some complexity. For investors looking beyond the short-term market noise, this fashion stock has all the right ingredients for solid upside. The post 2 Rallying TSX Stocks You'll Wish You Bought Sooner appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has positions in Aritzia. The Motley Fool has positions in and recommends Aritzia. The Motley Fool has a disclosure policy. 2025
Yahoo
15 hours ago
- Business
- Yahoo
Building a $25,000 Tech Stock Portfolio That Could Thrive for a Decade
Written by Jitendra Parashar at The Motley Fool Canada If you want to build long-term wealth through tech stocks, the key is to focus on strong fundamentals and stick to the Foolish Investing Philosophy to give your portfolio the time it needs to grow. The tech sector could be volatile in the short term, but over a 10-year horizon, it has the potential to deliver market-beating returns. In this article, I'll highlight two tech stocks to consider today that have the potential to turn your $25,000 investment into something much larger over the next decade. Kinaxis (TSX:KXS) could be a great tech stock for investors planning a portfolio that's built to last. The Ottawa-based software firm focuses on artificial intelligence (AI)-powered supply chain solutions for businesses. The company delivered a solid first-quarter financial performance, with its total sales rising 11% YoY (year over year) to US$132.8 million and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) jumping 46% to US$33.1 million. That drove its profit margin and earnings per share to record levels. More importantly, Kinaxis reaffirmed its full-year outlook and expects up to US$550 million in total revenue and a healthy adjusted EBITDA margin of up to 25%. Its recurring revenue model also looks strong, with annual recurring revenue climbing 14% to US$372 million in the latest quarter. And with the help of multi-year contracts and high customer retention, the tech company has strong visibility into future cash flow. Moreover, Kinaxis is doubling down on AI features through its Maestro platform and recently partnered with Databricks to bring even more intelligence and speed to enterprise decision-making. That's on top of its new tariff response solution, which aims to help global companies navigate one of the most complex issues in supply chain planning today. KXS stock has climbed nearly 34% over the last year to currently trade at $201.30 per share with a market cap of $5.7 billion. In my opinion, its consistent growth and expanding margins could be rewarding for patient investors willing to hold it over the next decade. (TSXV:TOI) is another tech stock worth considering if you're building a long-term portfolio. The tech firm mainly develops and manages specialized software for niche markets across Europe, supporting sectors like finance, education, and healthcare. In the first quarter this year, its total revenue rose 16% YoY to €355.6 million with the help of 4% organic growth. Similarly, its net quarterly profit climbed to €38.8 million. While the bulk of this growth came from new acquisitions, the tech company's consistent organic performance also signals a stable underlying business. To boost its financial growth prospects, Topicus is actively deploying capital. For example, it recently invested €168 million in Asseco Poland, which could open up new growth opportunities for Topicus. After rallying 48% over the last year, TOI stock is currently trading at $165.03 per share with a market cap of $13.7 billion. With consistent cash flow and a strong acquisition model, Topicus stock could keep compounding value over time, especially for investors focused on the long game. The post Building a $25,000 Tech Stock Portfolio That Could Thrive for a Decade appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has positions in Kinaxis. The Motley Fool has positions in and recommends The Motley Fool recommends Kinaxis. The Motley Fool has a disclosure policy. 2025
Yahoo
2 days ago
- Business
- Yahoo
Where Will iA Financial Be in 10 Years?
Written by Jitendra Parashar at The Motley Fool Canada The financial sector has been leading the charge on the TSX over the last year, with iA Financial (TSX:IAG) emerging as one of the sector's top performers. After surging 66% in the last 12 months, iA stock now trades around $142 per share and has a market cap of $13.2 billion. At this price, it offers a 2.5% annualized dividend yield. This solid performance might be a reflection of the company's growing asset base, strong earnings momentum, and a business that's executing well across its insurance and wealth management segments. But with IAG stock now priced near all-time highs, the question is whether the company can maintain its current growth trajectory over the next decade. Let's take a closer look at iA Financial stock's key fundamental growth drivers and explore where it could be a decade from now. One big reason for the recent climb in iA Financial stock could be the stable demand for its life and health insurance solutions, as well as its growing wealth management presence. Even on the economic front, things have been supportive for financial stocks. Despite market volatility and concerns over U.S. tariffs and global trade tensions, the Canadian economy has held up reasonably well. iA's exposure to both Canadian and U.S. markets has enabled it to benefit from improving vehicle inventory levels and consumer affordability in the U.S., while also riding the wave of recovery in Canada's wealth and insurance sectors. In fact, its assets under management and administration reached over $264 billion by the end of the first quarter of 2025, reflecting a 15% YoY (year-over-year) jump. That's been a big confidence booster for iA Financial investors. In the first quarter, the financial firm's core earnings grew 19% YoY to $2.91 per share, suggesting that the business isn't just coasting on investor optimism but is also delivering real results. iA Financial recorded gains across all three of its key segments, including insurance, wealth management, and U.S. operations. Its wealth management segment especially performed exceptionally well, with record segregated fund sales surging by 52% from a year ago to cross $1.9 billion. Meanwhile, iA's U.S. operations showed impressive growth last quarter, with the segment's individual insurance sales jumping 62% YoY. And due to its disciplined approach, the company's capital base remains strong with a solvency ratio of 132% and $1.4 billion in capital. At its latest investor event held in February, iA Financial laid out ambitious but achievable goals. Interestingly, the company is targeting over 10% annual growth in earnings per share and an over 17% return on equity by 2027. Also, it expects to keep generating over $650 million in organic capital this year alone, preparing for expansion through smart acquisitions and investments. With its strong balance sheet, consistent dividend, and clear growth roadmap, iA Financial stock looks like more than just a short-term win. If it keeps executing like this, the stock could be trading at a significantly higher level a decade from now – making today's price look like a big bargain. The post Where Will iA Financial Be in 10 Years? appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
3 TSX Stocks to Build Wealth Over the Next Decade
Written by Jitendra Parashar at The Motley Fool Canada Building long-term wealth in the stock market is less about reacting to day-to-day news and more about filtering out the noise and sticking to your plan. In addition, it mainly requires patience and, above all, fundamentally strong stock picks. Even with the at all-time highs, the market still has plenty of great opportunities. In fact, I find many of Canada's strongest companies undervalued based on their long-term growth prospects. In this article, I'll cover three TSX-listed stocks that could offer serious upside in the long run and are worth holding onto. The first stock that could fit nicely in a long-term investor's portfolio is TFI International (TSX:TFII). This transportation and logistics giant, with operations across Canada, the U.S., and Mexico, has been through a rough patch lately. TFI stock is currently trading at $123.87 per share, with a market cap of about $10.3 billion and a quarterly dividend with a nearly 2% annualized yield. TFI reported a dip in earnings in the first quarter of 2025 as weak freight demand weighed on its results. But it still managed to post a 5% YoY (year-over-year) rise in its total revenue to US$1.96 billion with the help of new acquisitions like Daseke, which boosted its truckload segment's performance. More importantly for long-term investors, TFI continues to generate strong free cash flow and remains committed to rewarding shareholders through dividends and buybacks. With a disciplined strategy and growing presence in North America, this logistics stock has the potential to see a bounce back and deliver solid gains over the next decade. The second TSX stock worth a look for patient investors right now is Boyd Group Services (TSX:BYD), which is a major player in the auto collision and glass repair business across North America. The company recently posted mixed first-quarter results, with its revenue slipping 1% YoY to US$778.3 million. But despite softer demand, it gained market share and managed to improve gross margins to 46.2% due mainly to better pricing and in-house service expansion. Interestingly, Boyd's new leadership is currently focusing on a cost-cutting strategy to unlock $100 million in savings by 2029. Boyd stock is currently trading at $206.11 per share, giving it a market cap of about $4.4 billion. The stock has slipped about 23% over the last year, but with a long-term annual revenue target of US$5 billion, it could reward patient holders in the years ahead. Rounding out this list of long-term TSX opportunities is Richelieu Hardware (TSX:RCH), a firm that supplies specialty hardware and complementary products to manufacturers and retailers across North America. RCH stock is currently trading at $34.77 per share with a market cap of about $1.9 billion and offers a modest annualized dividend yield of 1.8%. While it has dropped nearly 13% over the last 12 months, Richelieu remains focused on long-term growth moves. In the first quarter of 2025, the company's sales rose 8.6% YoY, supported by five new acquisitions that expanded its presence in both Canada and the United States. It also continues to invest in retail and distribution upgrades, preparing itself for future demand. Moreover, for long-term investors, Richelieu's disciplined expansion strategy and consistent cash generation could make it a solid compounder over time. The post 3 TSX Stocks to Build Wealth Over the Next Decade appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has no position in any of the stocks mentioned. The Motley Fool recommends Boyd Group Services, Richelieu Hardware, and TFI International. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Where Will Air Canada Be in 10 Years?
Written by Jitendra Parashar at The Motley Fool Canada Air Canada (TSX:AC) has had a turbulent ride in 2025. After plunging 36% in the first quarter, the stock has staged a solid rebound in the second quarter with a 32% gain so far. Even with that recovery, shares remain down 16% year to date, currently trading at $80.64 with a market cap of $6.1 billion. Investors are right to be cautious, given the ongoing macroeconomic uncertainty, fuel price volatility, and geopolitical tension weighing on the airline sector. But we can't deny that Air Canada stock is also showing signs of resilience. And more importantly, the long-term story may be less about short-term turbulence and more about how the Canadian flag carrier adapts, innovates, and positions itself for the next decade of travel. Let's explore where Air Canada could be 10 years from now and what fundamental factors may shape its long-term outlook. Air Canada stock has been reacting to a mix of industry-specific turbulence and broader macroeconomic shifts. If we ignore the recent spike in oil prices due to the ongoing Israel-Iran conflict – which could prove to be temporary – fuel prices have actually been more forgiving this year compared to 2024. That has helped airlines cushion some of the pressure from softening demand. However, the overall investor sentiment is still cautious, with geopolitical uncertainty and concerns about economic growth hanging over the entire travel sector. Despite these challenges, Air Canada has been proactive in managing capacity during a typically slow winter season, especially in the transborder segment. The first quarter of 2025 was an unprofitable quarter for the company, but it wasn't without strength. Air Canada reported $1.5 billion in operating cash flow for the quarter and $831 million in free cash flow. Similarly, its adjusted quarterly EBITDA (earnings before interest, taxes, depreciation, and amortization) came in at $387 million, even as margins slipped from last year. While depreciation, exchange rate swings, and ground packages drove its costs higher last quarter, lower fuel prices offered a bit of relief. Meanwhile, Air Canada's advance ticket sales increased as the airline headed into peak travel season, which showed consumer demand hasn't disappeared. Plus, its leverage ratio improved to 1.3 times in the latest quarter from 1.4 times at the end of 2024. Interestingly, Air Canada has laid out a detailed roadmap to 2028 and beyond. It aims to cross $30 billion in annual revenue by 2030 while improving margins and keeping capital spending lean. Part of that plan includes expanding its global network, modernizing the fleet, and growing high-yield segments like Air Canada Cargo. The airline also plans to keep total shares under 300 million and recently bought back over 15 million shares, a move that could boost shareholder value over time. If the airline hits its 2028 targets, including adjusted EBITDA margins of 17% or higher and consistent free cash flow, Air Canada stock could look much stronger a decade from now. The pieces are already in motion, and for investors willing to ignore short-term volatility, its long-term outlook looks really strong. The post Where Will Air Canada Be in 10 Years? appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has positions in Air Canada. The Motley Fool recommends Air Canada. The Motley Fool has a disclosure policy. 2025
