6 TSX stocks to watch as Kalkine explores stocks for beginners

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Highlights

  • Bank of Montreal said that its Canadian P&C division saw its net profit jump 17 per YoY
  • Alimentation's total revenues increased by 37.4 per cent YoY to US$ 18.65 billion
  • Telus saw its net profit surge by 44.8 per cent to C$ 498 million in Q2 2022

Canadians just beginning to invest in the stock market can explore large-cap stocks like Bank of Montreal (TSX: BMO), Alimentation Couche-Tard (TSX: ATD), BCE (TSX: BCE), Canadian Utilities (TSX: CU) etc. that could appreciate their portfolio value in the long-term.

Rising market volatility stemming from persistent economic pressure might continue in the near term, instilling fear of a market downturn or crash, especially among new investors. Mortgage rates may remain elevated or keep rising until the central banks see inflation reaching a target of two per cent.

Rookies could also overcome their fear and make healthy investment choices in such market dynamics and uncertainties by sticking to a long-term value approach.

Hence, Kalkine Media® has selected some TSX-listed stocks with a large market size that young investors can consider in the current volatile environment to fetch significant value in the long horizon.


 


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