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Top Canadian Stocks to Buy Right Now With $2,000

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Summary
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79% Informative

Many favourable factors, including easing inflation and declining interest rates, fueled a strong rally in Canadian stocks in 2024 .

With $ 2,000 to invest, now could be a great time to choose the right stock with strong fundamentals to help you maximize your returns.

MDA Space ( TSX : MDA ) stock currently trades at $ 29 per share with a market cap of around $3.5 billion .

After slipping by over 10% in 2024 , Toronto-Dominion Bank is a stable large-cap stock.

At this market price, it offers an impressive 5.6% annualized dividend yield.

VR Score

76

Informative language

75

Neutral language

4

Article tone

semi-formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

18

https://www.fool.ca/2024/11/01/where-to-invest-your-7000-tfsa-contribution-3/?source=eedyhoemc0000001&utm_source=yahoo&utm_campaign=CA_All_Articles&utm_content=Articles&utm_medium=rssfeed&lidx=2https://www.fool.ca/2024/11/20/3-no-brainer-tsx-stocks-to-buy-with-300/?source=eedyhoemc0000001&utm_source=yahoo&utm_campaign=CA_All_Articles&utm_content=Articles&utm_medium=rssfeed&lidx=3https://www.fool.ca/author/jparashar/https://www.fool.ca/fool-disclosure-policy/https://www.fool.ca/company/https://www.fool.ca/company/tsx-mda-mda/360041/https://www.fool.ca/2023/12/22/just-released-10-stocks-every-canadian-should-own-in-2024-premium-picks/?source=eedyhoemc0000001&utm_source=yahoo&utm_campaign=CA_All_Articles&utm_content=Articles&utm_medium=rssfeed&lidx=0https://www.fool.ca/investing/what-is-the-toronto-stock-exchange/https://www.fool.ca/2024/12/31/top-canadian-stocks-to-buy-right-now-with-2000-2/https://www.fool.cahttps://ca.foolpitches.com/r?e=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&s=P9a4YeAEo_Fwc_yOCRjTZW_k2_whttps://www.fool.ca/free-stock-report/5-years/?source=eedyhoemc0000001&utm_source=yahoo&utm_campaign=CA_All_Articles&utm_content=Articles&utm_medium=rssfeed&lidx=4https://www.fool.ca/2024/11/18/its-time-to-buy-1-canadian-stock-that-hasnt-been-this-cheap-in-years/?source=eedyhoemc0000001&utm_source=yahoo&utm_campaign=CA_All_Articles&utm_content=Articles&utm_medium=rssfeed&lidx=1https://www.fool.ca/investing/what-is-market-cap/https://www.youtube.com/channel/UCsA0rml6kfz_AsdAJCKS4jA?source=csayhocl10000001&utm_source=yahoo&utm_campaign=CA_SA_NewRelease&utm_content=Articles&utm_medium=rssfeed&lidx=5https://www.fool.ca/investing/what-is-fundamental-analysis/https://www.fool.ca/author/CMFjp/https://www.fool.ca/company/tsx-td-the-toronto-dominion-bank/373438/

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