TFSA Investors: 2 Stocks That Could Turn $500 Into $1,500 by 2030 [Yahoo! Finance Canada]
Docebo Inc. - Common Shares (DCBO)
Company Research
Source: Yahoo! Finance Canada
Investing in quality growth stocks should help investors generate outsized gains over time. Typically, growth stocks command premium valuations during bull runs and trail the broader markets significantly when sentiment turns bearish. So, if you expect the equity markets to move higher through 2030, holding quality growth stocks such as Lululemon NASDAQ:LULU ) and Docebo TSX:DCBO ) in a TFSA ( Tax-Free Savings Account ) might be a great strategy. The TFSA was introduced in 2009 and allows Canadian investors to benefit from tax-free gains for life. You can hold qualified investments such as stocks, bonds, mutual funds, and exchange-traded funds in a TFSA and create a diversified portfolio while sheltering your returns from Canada Revenue Agency taxes. ADVERTISEMENT The TFSA contribution limit in 2024 has increased to $7,000. Here's why you should consider investing $500 in Docebo and Lululemon right now. Lululemon is down 31% from all-time highs Valued at a market cap of U
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News
- Docebo Inc. (TSE:DCBO) most popular amongst private equity firms who own 52% of the shares, institutions hold 29% [Yahoo! Finance]Yahoo! Finance
- Docebo Inc. (NASDAQ: DCBO) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $45.00 price target on the stock.MarketBeat
- Docebo Inc. Announces Voting Results from its Annual General Meeting of ShareholdersBusiness Wire
- Implied Volatility Surging for Docebo (DCBO) Stock Options [Yahoo! Finance]Yahoo! Finance
- Docebo Inc. (NASDAQ: DCBO) is now covered by analysts at Craig Hallum. They set a "buy" rating and a $58.00 price target on the stock.MarketBeat
DCBO
Sec Filings
- 6/11/24 - Form 6-K
- 6/7/24 - Form SC
- 5/10/24 - Form 6-K
- DCBO's page on the SEC website