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Stock impact report

Top Canadian Stocks to Buy Immediately With Just $1,000 [Yahoo! Finance Canada]

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
Despite the recent wobbles in the TSX Index on tariff fears, Canadians should still be more than willing to put an extra $1,000 to work on the bargains that come their way. Of course, even cheap TSX stocks stand to get a bit cheaper or even much cheaper if a Canadian recession is in the cards for the spring or summer. Undoubtedly, tariffs could have the potential to really rock the economy. And while tariffs could be reduced or even eliminated in a more optimistic scenario come April, I wouldn't place too large of a bet on the battered “falling knives” that have the most to lose from a trade war. Instead, incremental buying, with a modest sum such as $1,000, could make sense over the coming months. Indeed, the most volatile movers could have the most room to the upside once things normalize and we go from tariff threats to focusing on profound economic drivers such as generative artificial intelligence. Without further ado, let's check in on one Canadian stock that looks like a f Show less Read more
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