Air Canada Stock – Top 3 Canadian Shares to Buy for $ 3,000 in May 2021 – Jioforme
Canadian stocks continue to trade near record highs. TSX.. But investors who are worried about short-term challenges don’t have to worry for a long time. Of course, that’s when they have a long-term investment. Canada’s top stocks have reversed some of their profits and look very attractive today. So if you only have $ 3,000, here are the three Canadian stocks I’m thinking of buying today.
Light speed stock
Lightspeed POS (TSX: LSPD)(NYSE: LSPD) It is growing at an incredible rate and continues to expand its digital products. Even as the economy resumes, the shift of SMEs to multi-channel platforms may continue. This gives rise to a large-scale growth catalyst for the Lightspeed strain.
The company continues to focus on growth through product innovation and geographic expansion. Lightspeed shares recently launched omni-channel payment platforms in the UK and Europe. We also made several acquisitions that will drive revenue growth over the next few years.
However, after reaching an all-time high of about $ 105 per share, Lightspeed shares are experiencing a setback with the tech sector. In fact, the price-to-book value ratio is 5.7, which is relatively attractive. To reach record highs, investors have a potential rise of 31% at the time of writing. It is now a great opportunity to buy this stock before it rebounds again.
If you’re looking for high growth beyond this year, consider the ultimate telecommuting company. Dosebo (TSX: DCBO)(NASDAQ: DCBO) And that artificial intelligence technology appeared at the perfect time for a pandemic. The company was a multi-bagger last year, jumping more than 600% from trough to peak. But there is a long-term growth strategy here.
The company’s learning management system was essential for large companies. Amazon.. Companies continue to need this service to expand worldwide. In the future, many enterprise-level companies will be able to use these tools to select applicants. As a result, Dosevo shares have been a strong buy in the recent downturn.
There may be short-term volatility, but it remains strong. Companies like Docebo shares are new, but will be here for years to come.Make it one of the best Canadian stocks out there to keep looking at it Multi bagger Future growth.
Air Canada Stock
Finally, it’s controversial Air Canada (TSX: AC) There is potential for growth next year. However, after 2021, this stock will be the winner. This is, frankly, one of the best trading Canadian stocks to date.
Investors didn’t know what to think about Air Canada stocks after the government bailed out $ 5.9 billion. The debt payable is $ 13 billion, but much of this cash will be used to refund COVID-19 canceled flights. However, the company has since undergone major changes to repay its debt and return to the air.
That cancellation Transat AT Trading, expanding to freight flights, and resuming business trips are just a few ways companies can pay off their debts and regain their profits. It may be a long break, but I believe stocks will reach pre-pandemic levels next year or so. In fact, the company was in a worse situation than it used to be. In 2012, Air Canada’s share price fell below $ 1 per share. This is a 2,400% growth so far.
Stock prices are a steal for long-term investors today. You can receive inventory at a valuation of 4.9 times the book value and 1.6 times the sales.when The pandemic is over, The number of air travel you would like to participate in could surge. So pick up this stock and put up with it. Canadian stocks like Air Canada are rebounding.
https://www.fool.ca/2021/05/08/3-top-canadian-stocks-to-buy-with-3000-in-may-2021/ Top 3 Canadian Shares to Buy for $ 3,000 in May 2021