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Stock impact report

2 Safer Canadian Stocks to Buy Now With $7,000 [Yahoo! Finance Canada]

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
Are you looking for safer Canadian stocks to add to your portfolio for less volatility? If so, you have to look hard, as Canadian markets have been rallying and outperforming the global indexes all year long. For the most part, valuations in Canada remain cheaper than those seen in the United States, with the TSX composite sporting a P/E ratio of 19.7. That's significantly lower than the most-watched U.S. indexes, but higher than the TSX's own historical norm of about 17. It's not crazy to be concerned about an overheated market right now. The question is, which stocks should you buy? A lot of stocks are pricey right now, and pricey stocks tend to be volatile. If you're just getting started investing with a sum like $7,000, you don't want to take on too much risk. With that in mind, here are two safer Canadian stocks to buy now with $7,000. Fortis Fortis Inc. TSX:FTS ) is a Canadian stock that is known for its solid long-term performance and low volatility. The company has on Show less Read more
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