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3 No-Brainer TSX Stocks Under $50


Published on 2025-01-11 16:41:22 - MSN
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  • TSX stocks have solid growth potential and can deliver significant returns over time, beating the benchmark index. The post 3 No-Brainer TSX Stocks Under $50 appeared first on The Motley Fool Canada.

The article from MSN Money discusses three TSX-listed stocks, each priced under $50, that are considered strong investment options due to their growth potential and current market conditions. goeasy (TSX:GSY) is highlighted for its significant growth in the financial services sector, particularly through its easyfinancial and easyhome segments, with a notable increase in loan originations and a stock price that has risen by 30% in the last year. Shopify (TSX:SHOP) is praised for its robust performance in e-commerce, with a 25% revenue increase in Q3 2023, and its strategic moves towards profitability, despite a slight dip in stock value. Lastly, Kinaxis (TSX:KXS) is noted for its supply chain management software, which has seen a 46% revenue growth in the last quarter, driven by demand for AI and automation solutions, although its stock has experienced a 15% decline over the past year. These stocks are recommended for investors looking for growth at a reasonable price.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/top-stocks/3-no-brainer-tsx-stocks-under-50/ar-BB1rfXt2 ]