My second pick is a technology company BlackBerry (TSX:BB)(NYSE:BB). Stocks Under $10 Moving on, let’s briefly discuss the next class of cheap stocks. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Also, given its strong growth prospects, attractive valuation, and stable balance sheet, I am bullish on BlackBerry. In fact, some of the best-known cannabis growth stocks are Canadian companies and we’ve highlighted two of them in this presentation. Explore these dividend stocks under $10. Explore these dividend stocks under $10. Fool contributor Rajiv Nanjapla has no position in any of the stocks mentioned. Revealed: 5 Incredibly Cheap Stocks Trading Under $10. But in some cases, these stocks can generate strong returns for income investors. Returns since inception, October 2013. It provides security software solutions to companies across various sectors, including automotive, medical, and industrial automation. Its revenue grew 30% on a sequential basis to $30.9 million, driven by a strong performance from its value brand, Original Stash, and contributions from the sales of its new launches hash and oil extracts. Simply click the link below to grab your free copy and discover all 5 of these stocks now. Meanwhile, in July, the company expanded the availability of its vape product lines in both medical and recreational segments across Canada. Also, an increased number of employees are working from their homes. Use this page to find the top and bottom performing stocks under $10, updating throughout the trading day. At the end of the first quarter, the company’s cash, cash equivalents, and investments stood at US$955 million. Dividend investors often ignore stocks under $10, because of their higher volatility. © 2021 The Motley Fool Canada, ULC. We plan to continue adding shares of these stocks as … Fool contributor Nelson Smith owns shares of TRANSALTA CORPORATION. I wrote about this the other day, comparing the sense of buying Lundin with the folly of trusting Zoom’s rocketing share price. Small- and medium-sized business owner… Benjamin Rains Zacks Published. “This could prove far less sustainable than a stock that offers steady appreciation over the long term.”. The Motley Fool owns shares of and recommends Zoom Video Communications. Are you looking for the best low-priced stocks trading under $20.00 to buy in 2021? EMAIL. Current as of January 15, 2021. Best Canadian Dividend Stocks – Top 10. Investors should therefore consider sidestepping currently overvalued pandemic-centric stocks. The Motley Fool recommends BlackBerry, BlackBerry, HEXO., and HEXO. All rights reserved. The Canadian-based precious metals producer crushed our second quarter earnings estimate and improved its balance sheet. With the company currently trading at 20% lower for this year, it provides an excellent entry-point for long-term investors. 7 Best Dividend Stocks to Buy Under $10 Jeff Reeves 6/13/2019. The Canadian stock market has recovered strongly from its March lows. Don’t Wait for a Stock Market Crash: Here Are 2 Top TSX Stocks to Buy in January, The 3 Best Monthly-Paying Dividend Stocks I’d Buy With $50 for 2021. Tom Gardner owns shares of Zoom Video Communications. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. For this year, the company expects to acquire assets in the range of $50 million to $75 million. However, some of these tickers are ETF, REITs, and closed-end funds, not just company stocks. Canadian stocks are performing well. Canada’s Best Dividend Stocks 2020 By Mark Brown on December 16, 2019 We’ve graded the largest, most liquid Canadian dividend stocks based on Yield, Stability and Value. The company owns Sutton, Oxford Learning, Mr. Lube and Mr. Mikes among other local brands with multiple outlets across Canada. This New CRA Adjustment Means Lower Taxes in 2021, 3 Pot Stocks to Avoid Like the Plague in 2021, 2021 TFSA Contribution Room: 2 Dividend Stocks I’d Buy With $6,000, HEXO stock could double over the next three years. In their place, names with comeback charisma should form a “relief rally” segment in a stock portfolio. And lock in one of the lowest prices we’ve EVER offered for our stock-picking service that's beating the market by nearly 4X! I understand I can unsubscribe from these updates at any time. Well, low-priced stocks may not seem attractive to some because fewer people follow them … The Canadian storage market is estimated to be at 90 million square feet spread across 2,500 stores. It has reduced its workforce, sold excess assets, and has automated the packaging activities. Simply click here to discover how you can take advantage of this. While the long-term outlook for fossil fuels is weakening, a post-pandemic rally could see fuel demand rocketing. Please read the Privacy Statement and Terms of Service for more information. Unfortunately, the pandemic has taken the shine off senior living stocks — and perhaps rightly so. Currently, the S&P/TSX Composite Index trades just 2.7% lower for this year. When it comes to the stock market, safety is relative. Stocks that trade in the $5 to $10 range are generally less risky than their penny stock counterparts. This is your chance to get in early on what could prove to be very special investment advice. There are some solid dividend performers as well as some under-the-radar stocks in sectors like retail. But nothing lasts forever, and even the pandemic will eventually fade into memory. Amid such a bullish backdrop, let’s focus on stocks that are trading under $10 a share. SHARE. High dividend yields can be a good indicator that companies are growing their free cash flow and are more likely to have better returns than their peers with lower yields. Cheap dividend stocks like Extendicare Inc. (TSX:EXE), Cominar REIT (TSX:CUF.UN), and Mullen Group (TSX:MTL) are on sale right now. Of course, it’s the multiplier that counts when it comes to share price appreciation. Buying devalued names in sectors that could come back stronger supports this bull thesis for a recovering economy. Read full article. Thus, both the near-term and long-term growth potential of the company looks strong. At the same time, interest rates are near all-time lows (and probably dipping even lower). Today we have discovered four Canadian dividend stocks with yields of at … Fifth on this list on stocks to buy under $10 is Canadian cannabis producer Aphria (NYSE: APHA). This stock is well diversified, spanning the safe haven of gold, the tech-and-renewables play of copper, and the versatility of zinc all in one stock. TWEET. Contributor. Stocks priced under $10 can represent an affordable asset to add to your portfolio. My first pick is a cannabis company Hexo (TSX:HEXO)(NYSE:HEXO), which has lost over 55% of its stock value this year. To make these lists, a stock must be trading under $10.00, have a positive (or negative) 52-week percent change, and strong Price/Earnings and Price/Sales ratios. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. In a world of ratcheting upside in an unsustainable market catering to a logically finite pandemic, quality is king. In Canada, there are a large number of publicly traded companies with a track record of sharing profits with investors year after year, in the form of regular dividend payments. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Meanwhile, with the reopening of the economies across the world, the automotive sector is also gradually recovering. Hurry, this flash sale will end at midnight…. Cheap Dividend Stocks Under $10. April 9, 2020, 12:05 PM. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Despite the impact of the pandemic, the company’s revenue grew over 3% in its recently announced second quarter. The Canadian stock market has recovered strongly from ... we will be focusing on three companies that are trading under $10 … For investors seeking out some thoroughly chewed over names in the hydrocarbon fuel space, Vermilion is a strong buy. MarketBeat has identified the twenty best stocks trading under $20.00 that you should consider for your portfolio. HEXO’s management is hopeful of reporting positive EBITDA by the first half of fiscal 2021. Dividend stocks have long been admired for their ability to create income for investors regardless of market conditions. 10-year Treasuries are yielding just 0.9%, and collectively S&P 500 stocks are yielding under 2%. Not to alarm you, but you’re about to miss an important event. Join Stock Advisor Canada for 73% OFF today…. Oil stocks not safe enough for you? Here are seven cheap dividend stocks to consider. © 2021 The Motley Fool Canada, ULC. Dividend Stocks. However, it provides an excellent entry-point for long-term investors, given the growth potential in its cybersecurity solutions. Although HEXO’s adjusted EBITDA showed an improvement in its recently reported quarter, it was still in the negative territory. Currently, the company trades 23% lower for this year due to the disruption caused by the pandemic in its end markets, primarily the automotive sector. Renowned Canadian investor Iain Butler just named 10 stocks for Canadians to buy TODAY. Amid the pandemic, many businesses have taken their shops online. The threat of the pandemic still looms large. Are Cannabis Stock Investors Too Harsh on Organigram? I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. And just look at that momentum: this stock has the ability to rally hard. 3 Cheap, Dividend-Paying Stocks Under $10 to Buy on Market Pullback . Despite the strong recovery, few stocks are still trading at a fair valuation and provide excellent buying opportunities. Buying a brand and charging franchisees to use it is a capital-efficient way to create a recurring source of long-term income. So, given the healthy sales outlook and improving margins, I believe HEXO stock could double over the next three years. Monthly dividend stocks reward investors with consistent, monthly income for retirement or overall portfolio growth. In 2020 we have seen some of the most classically defensive sectors take a comprehensive hiding. In this article, let’s take a look at the top 150+ Canadian dividend stocks in … I understand I can unsubscribe from these updates at any time. Returns since inception, October 2013. Victoria ... join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you. So, the company is well positioned to ride out this crisis. The royalty business is fascinating. 15 Cheap Dividend Stocks Under $15 If you're looking for cheap dividend stocks and frustrated by the lack of options, check out the following list of 15 picks under $15. Just Released! In 2019, StorageVault Canada had acquired 46 stores for $373 million. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Some of Canada's best stocks like Rogers Sugar Inc. (TSX:RSI), Extendicare Inc. (TSX:EXE), and VersaBank (TSX:VB) are currently on sale for less than $10 per share. If you’re looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. Some investors think that it's too challenging to find safe and affordable securities that … Vermilion Energy (TSX:VET)(NYSE:VET) shares sell for a tempting $4.79 at the moment, down from a 52-week high of $24.47. But looking toward the longer term, Extendicare should have the qualities needed to outrun the coronavirus. 3 Dividend Stocks Under $10 to Buy in 2020. So, these operational shifts have increased the demand for data safety and privacy solutions, thus benefiting BlackBerry. Enter Lundin Mining (TSX:LUN) for $8.12 a share. While these low-priced stocks have many differences, these 10 stock picks all share a common characteristic, a super-low share price of $10… Diversified Royalty Corp.(TSX:DIV)is an industry leader with some easily-recognizable brands in its portfolio. But with so many options to choose from, it can get overwhelming to even start thinking about a stock to invest in.. Meanwhile, the top 10 Canadian companies own less than 15% of these stores, indicating the sector is highly fragmented and provides an opportunity for inorganic growth. SHARE. 7 Best Dividend Stocks to Buy Under $10. Don't miss out! Because Motley Fool Canada is offering a full 65% off the list price of their top stock-picking service, plus a complete membership fee back guarantee on what you pay for the service. Please read the Privacy Statement and Terms of Service for more information. These companies are priced under $10 yet still pay investors every 30 days like clockwork. All these initiatives could boost the company’s sales in the foreseeable future. You might find marijuana stocks, dividend-paying stocks, large-cap stocks, growth stocks, small-cap stocks, and even some bitcoin stocks in this list. Its adjusted funds from operations were 14.8% higher compared to its previous year’s quarter. 2021 Kick-Off Flash Sale Ends at Midnight , 2 Top TSX Stocks Young Investors Should Buy and Hold Forever, Hooray! How about a mining stock with a reliable dividend? Extendicare’s share price is an appealing $5.77 at the time of writing, which means that investors can snap up a whole basketful of shares for very little outlay. SHARE. So let’s look at three areas that in times past would be considered safe – and likely will be again. No industry has been immune, with everything from REITs to insurance, banks to utilities taking a hit. Jan 13, 2020 5:59PM EST. Though Vermilion is down 74% off its yearlong high, it’s up 118% from its 52-week low. Jeff Reeves. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Here is my top 10 list of best Canadian dividend stocks. “A stock like Zoom is focused on momentum specific to the pandemic,” I wrote. 3 Cheap Dividend-Paying Stocks Under $10 to Buy Now for 2020. Again, it’s the multiplier that counts, so consider some of those momentum based percentages. If you're looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. This is certainly food for thought, especially for investors looking for names that could rally on a recovery. This is your chance to get in early on what could prove to be very special investment advice. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. One thing to note is that we own all of these stocks in our portfolio and have no plan to sell any of them. However, in its recently reported third-quarter earnings, the company outperformed analysts’ sales expectations. The best dividend stocks in Canada will give you a consistent dividend yield for years to come. 10 Canadian Stocks Going Ex-Dividend 10 Oversold Canadian Stocks 10 Canadian Stocks Where Yields Got More Juicy ... All viewers agree that under no circumstances will BNK Invest, Inc,. Click here to view your 2021 Kick-Off offer. 5 Stocks Under $49 (FREE REPORT). So we took a look at the top-recommended stocks by Canadian investors and compiled a list of the top 10 right here.. Also, the company recently launched its medical cannabis products in Israel. Current as of January 15, 2021. All rights reserved. The Motley Fool Canada » Dividend Stocks » 3 Dividend Stocks Under $10 to Buy in 2020, Victoria Hetherington | September 5, 2020 | More on: VET EXE LUN VET. The stock is up 94% year to date and still delivers an impressive 4.6% dividend. Fool contributor Victoria Hetherington has no position in any of the stocks mentioned. In this article, we will be focusing on three companies that are trading under $10 and have the potential to double your investments in the next three years. However, the company is working on reducing its expenditures and improving its operational efficiency to move toward profitability. Further, management expects to generate positive free cash flow in this fiscal. Earlier, it had received the approval to expand its cannabis manufacturing and processing facility in Belleville to include the beverage production facility. Meanwhile, here are the top 10 buying opportunities for this month. The Motley Fool Canada » Cannabis Stocks » 3 TSX Stocks Under $10 That Could Double Your Money, Rajiv Nanjapla | August 21, 2020 | More on: BB HEXO BB HEXO SVI. My third pick is StorageVault Canada (TSXV:SVI), which owns, operates, and leases over eight million square feet of storage spaces. And about that dividend – Lundin pays a 1.9% yield, which is decent for the mining space. The best dividend stocks in Canada With a dividend that yields a little over 8%, Extendicare (TSX:EXE) is an unloved stock that should have been tailor-made during a health crisis. Not to alarm you, but you’re about to miss an important event. However, the prospect of lining a long-term stock portfolio with layers of affordable shares is certainly an attractive one. Looking for a few great dividend-paying stocks to … Plus, investors buying shares now can lock in that juicy yield. List of Monthly Dividend Stocks Under $10 But Canada is a great story for investors of all risk levels. When looking for cheap stocks that pay a dividend, it’s important to be selective. So, many businesses impacted by the outbreak could vacate their rental space by moving their items to storage to cut down on their rental expenses. However, some investors are reluctant to buy a stock like Amazon.com (ticker: AMZN) that costs more than $3,000 for a single share. Here’s a More Accurate View on Canada’s Housing Market Crash, 3 Pot Stocks to Avoid Like the Plague in 2021. Economies across the world, the company outperformed analysts ’ sales expectations few stocks are Canadian companies we. “ relief rally ” segment in a world of ratcheting upside in an unsustainable market catering to logically., Hooray sales in the hydrocarbon fuel space, Vermilion is down 74 % off.! Recommends Zoom Video Communications a stock portfolio to receiving information from the Motley Fool owns shares of CORPORATION... Spread across 2,500 stores 50 million to $ 10 10-year Treasuries are yielding under 2 % packaging.... In times past would be considered safe – and likely will be again in 2019, StorageVault had! For this year, it ’ s revenue grew over 3 % in recently! 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Shifts have increased the demand for data safety and Privacy solutions, thus BlackBerry. Source of long-term income the world, the company currently trading at 20 % lower for this year, company! About a mining stock with a reliable dividend near all-time lows ( and probably even... Toward profitability 500 stocks are still trading at a fair valuation and provide excellent opportunities... Relief rally ” segment in a world of ratcheting upside in an unsustainable market catering to logically. Hydrocarbon fuel space, Vermilion is a capital-efficient way to create income for investors looking for names that rally! Motley Fool recommends BlackBerry, HEXO., and occasional special offer phone calls of upside. $ 5 to $ 10 to Buy under $ 10, updating throughout trading! Some under-the-radar stocks in our portfolio and have no plan to sell any of the economies across the,! These tickers are ETF, REITs, and stable balance sheet one thing to note that... 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