Source Post

Canadian Dividend Stocks To Buy In My TFSA & RRSP For Passive Income

The creator discusses the irrationality of the market, highlighting Nvidia's performance despite strong numbers and comparing it to other companies. He then shifts focus to the Canadian market, noting the strong performance of banks, energy, and precious metals, while tech lags. He specifically praises the Canadian banks for their strong net income growth, dividend increases, and overall performance, suggesting they are a good investment, especially within the context of a TFSA and RRSP.

Linked Mentions

Tickers discussed in this post

NABullishHigh ConvictionSignal-backedPrimary

National Bank is highlighted for its double-digit revenue growth, 64% one-year stock appreciation, and exceptional 31% net income growth, making it an attractive investment despite potentially stretched PE ratios.

BMONeutralMedium ConvictionSignal-backedSecondary

BMO is experiencing mid-double-digit revenue and earnings growth, which is considered an exceptional and potentially once-in-a-lifetime event for Canadian markets.

BNSNeutralMedium ConvictionSignal-backedSecondary

Bank of Nova Scotia shows impressive net income growth and stabilizing credit loss provisions, suggesting potential for future dividend increases despite current low yields.

MSFTNeutralLow ConvictionResearch Only

Microsoft's stock is not yet showing significant positive momentum.

NVDANeutralLow ConvictionResearch Only

Nvidia's stock is down despite strong revenue growth, trading at a lower valuation than companies like Costco, Walmart, and Peps.

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Tracked calls opened from this post

NA
buy opened May 27, 2026
-1.57%