Whether it is dividends or growth, there is no shortage of great shares to buy on the market at the moment. That is great news for investors, especially those who are newer in investing that have greats, many actions under $ 50.
Here are two of those great shares to scoop up while they are less than $ 50.
Option 1: The recovering telecom
First on the list of shares to buy for less than $ 50 is currently BCE (TSX: BCE). BCE is one of the large telecom shares in Canada.
Telecom stocks are known for their defensive canals. In the case of BCE, that canal is huge. The company has national service in several segments based on subscribers. This includes wireless, wire line, telephone and internet services.
These segments offer a stable income flow with which BCE can pay a very pretty dividend. From the moment of writing, that dividend comes out on a tasty yield of 5.4%.
Potential investors must take into account that BCE is not only one of the shares to buy for less than $ 50. It is also an intriguing growth perspective. After a few steep cost -saving efforts, BCE’s acquisition of Ziply Fiber indicates a compelling growth option.
For those who are not familiar with Ziply, the company is an American broadband company that is known for its rapid speeds. BCE’s takeover of the company not only adds 3 million paying subscribers to the mix, but also gives BCE a solid foot in the lucrative and demonstrably disadvantaged American fiber market.
And perhaps the best of all, thanks to BCE’s cost -saving efforts, the shares act with a discount. From the moment of writing, BCE trades at $ 32.52, with 7% during the backlog of 12 months with a p/e of 20.
As one of the great shares to buy now, BCE beats that objective of less than $ 50.
Option 2: The Reit for lazy income
If I asked you to present an idea of passive income, most of them would think about owning a rental properties. Unfortunately, the rising interest rates and the rising decrease in the deposit costs have praised many potential landlords from the market.
Enter Riocan real estate (TSX: Rei.un) as an alternative to those potential landlords.
Riocan is one of the largest Reit’s in Canada, with a portfolio of approximately 190 properties throughout the country, mainly on the metro giants.
Riocan’s portfoliomix consists mainly of commercial retail sites, but in recent years the company has moved that mix with a growing number of homes for mixed use.
These units for mixed use include residential towers that are on top of different floors of the retail trade. The features are on the large metro transmarks of Canada, located along transit lines.
This means that the demand for the units is strong, thanks to residential work traffic that remain short.
Perhaps the best of all, investing in Riocan as one of the best shares to buy now, that means investors who can indulge losses. Just like a landlord who collects rent, RIOCAN pays a juicy monthly distribution to investors.
From the moment of writing, the distribution of Riocan comes to a tasty yield of 6.2%. This means that an investment of $ 20,000 in Riocan (as part of a larger, diversified portfolio) earns an income of just over $ 100 every month.
Although that may seem to be compared to an owner who records rent on a rental home, there are a few things to notice. Firstly, that investment of $ 20,000 is about 5-10 times less than the recommended quoting amount. Then there are taxes and maintenance, for which it must be taken into account.
Finally, finding and keeping a paying tenant is to contend with.
In short, Riocan offers investors a way to collect that lazy monthly income. And with just under $ 19 per share, investors can pick up two shares for $ 50 and still have a change.
The shares to buy today
No stock, no matter how defensive, is immune to risk. Fortunately, both Riocan and BCE offer some defensive attraction in addition to their juicy yields.
Both would be great as part of a larger, well -diversified portfolio.
Buy them, hold them and see how your future income grows.
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