{"id":13293,"date":"2023-11-28T12:55:05","date_gmt":"2023-11-28T12:55:05","guid":{"rendered":"https:\/\/statanalytica.com\/blog\/?p=13293"},"modified":"2023-12-27T07:11:38","modified_gmt":"2023-12-27T07:11:38","slug":"best-canadian-stocks-to-buy","status":"publish","type":"post","link":"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/","title":{"rendered":"<strong>11 Best Canadian Stocks To Buy ( Updated 2023)<\/strong>"},"content":{"rendered":"\n<p>If you are looking for the best Canadian stocks to buy (2023 Edition), then you are at the right place. Because in this post, we will discuss the 11 best Canadian stocks you can buy now, which are based on the current market.&nbsp;<\/p>\n\n\n\n<p>In terms of returns, Canadian stocks and the Toronto Stock Exchange have a bad reputation.<\/p>\n\n\n\n<p>Why? First of all, the United States economy is significantly larger than Canadian stocks. It also includes high-flying technology companies such as Microsoft (MSFT), Meta Platforms (known as Facebook) (META), Apple (AAPL), Amazon (AMZN), and Alphabet (GOOGLE). On the other hand, the S&amp;P 500 and NASDAQ are likely to give you higher overall returns over the long term.<\/p>\n\n\n\n<p>But, after all this, some Canadian stocks are good enough to be added to our list. Because there is money to be made in Canadian stocks and the Canadian stock market due to low competition.<\/p>\n\n\n\n<p>So, without wasting any time, let&#8217;s get started with 11 of the best Canadian stocks to buy (2023 Edition).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"11-best-canadian-stocks-to-buy-updated-2023\"><\/span><strong>11 Best Canadian Stocks To Buy ( Updated 2023)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a10b0fcd9f19\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ff5104;color:#ff5104\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ff5104;color:#ff5104\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a10b0fcd9f19\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#11-best-canadian-stocks-to-buy-updated-2023\" >11 Best Canadian Stocks To Buy ( Updated 2023)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#1-canadian-natural-resources-tse-cnq\" >1. Canadian Natural Resources (TSE:CNQ)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#2-telus-tse-t\" >2. Telus (TSE:T)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#3-dollarama-tse-dol\" >3. Dollarama (TSE:DOL)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#read-more\" >Read More&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#4-loblaw-tse-l\" >4. Loblaw (TSE:L)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#5-goeasy-ltd-tse-gsy\" >5. Goeasy Ltd (TSE:GSY)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#6-royal-bank-tse-ry\" >6. Royal Bank (TSE:RY)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#7-shopify-tse-shop\" >7. Shopify (TSE:SHOP)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#8-nuvei-tse-nvei\" >8. Nuvei (TSE:NVEI)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#9-parkland-fuels-tse-pki\" >9. Parkland Fuels (TSE:PKI)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#10-tfi-international-tse-tfii\" >10. TFI International (TSE:TFII)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#11-sunlife-financial-tse-slf\" >11. Sunlife Financial (TSE:SLF)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#faqs\" >FAQs&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#q1-what-are-the-best-canadian-oil-stocks-to-buy-in-2022\" >Q1. What are the best Canadian oil stocks to buy in 2022?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/statanalytica.com\/blog\/best-canadian-stocks-to-buy\/#q2-what-are-the-best-stocks-to-buy\" >Q2. What are the best stocks to buy?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p>Here in this section, we discuss 11 of the best Canadian stocks to buy. On the other hand, when creating this list, we considered the companies with a minimum 1 billion dollar market capitalization.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"5 Of The Best Canadian Stocks to Buy (2023 Edition)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/aMcItmkpMKA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-canadian-natural-resources-tse-cnq\"><\/span>1. Canadian Natural Resources (TSE:CNQ)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/VS6OyqYvQNgwU48wD8DQIArt5-6KuQYL1lbjnfdX9eUZsya5mLd2yHt5Ts0mxrNGZBSXybdT2mv9TEzWGPF_87kED91B3Ur6ZRib9i5adE7IY7iA1y4Ve5aF655BJqyVT2YPFpxgVzJw-OUIGCC_bE8XGFmOkGe7J2aOPfFK4MTisoSL6eM2sXUFpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>First on our list of best Canadian stocks to buy is Canadian Natural Resources (TSE:CNQ). The market capitalization of this company is nearly about 80.20 billion Canadian dollars.&nbsp;<\/p>\n\n\n\n<p>We haven&#8217;t included any oil company on our list of the best Canadian stocks to buy in 2023. However, there is no doubt that oil is reviving, and oil prices are likely to continue well into 2023 and beyond.<\/p>\n\n\n\n<p>However, over the last ten years, it&#8217;s difficult to find a better-performing oil stock than Canadian Natural Resources. And, if we&#8217;re going to make an oil investment, we&#8217;d like to own the best-in-class producer in North America. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-telus-tse-t\"><\/span>2. Telus (TSE:T)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/FIlsc3t3niKjoqs2oWqhGgJ5yzJ0BtzMmjIF2dCuZXrNTaAT73dCeZlOBysAgIlOS7fIuiaHbCYzjioR4BaLjrvtt3r6pNAAGFbpzPGBzcNlme9xX8Lfu59Owh4jLB9BEoPR_vNK_-t3qF0G2Rk8A5NbcfGWkzqOSROX75TNvpiKQ77FlrzuyIR3rg\" alt=\"\"\/><\/figure>\n\n\n\n<p>Telus (TSE:T) is second on our list of the best Canadian stocks to buy. The market capitalization of this company is about 40.14 billion Canadian dollars.&nbsp;<\/p>\n\n\n\n<p>In Canada, there are only a few 5G companies. We are commonly forced to travel south to American markets in order to gain access to high-growth 5G opportunities. While Telus (TSE:T) does not have world-beating future potential, it is the best telecom stock to own in Canada today in terms of both 5G exposure and overall growth.<\/p>\n\n\n\n<p>On the other hand, Telus is a huge part of 3 big telecom companies in Canada. As a result, if you want to buy any Canadian stocks, then this would be a great choice.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-dollarama-tse-dol\"><\/span>3. Dollarama (TSE:DOL)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/PooIsqe91v36PaGW1jGM2xxCQzOuXTpzmC2UcISYAzk64ZzHKdGgw4ahC-H64XChItGyfn1p9rxnBZUCkJD9rJP1fz5Im_OPohgrT-H0nIHpw5uifyiO1xvsLl-S36WRbR3iyIQkHD0mSXd1t9H14OKoWW5QLwADnWWCdkCfYpCfpGx4bAtZPd7y1Q\" alt=\"\"\/><\/figure>\n\n\n\n<p>Third on our list of best Canadian stocks to buy is Dollarama (TSE:DOL). The market capitalization of this company is about 23.54 billion Canadian dollars. We can\u2019t neglect the fact that this company only offers multiple products below $1. On the other hand, the company&#8217;s stores are located throughout Canada, mostly in convenient areas such as metropolitan areas, midsize cities, and small towns.<\/p>\n\n\n\n<p>In the current economic climate, defensive stocks have grown in popularity. As a result, DOLLARAMA (TSE:DOL) is one of the country&#8217;s most prominent consumer defensive stocks.<\/p>\n\n\n\n<p>As of now, the wide range and the cheap product base make it perfect for Canadians to buy several products during the economic crisis. According to the expert, the growth of Dollarama stocks may double in earnings and revenue in 2023.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"read-more\"><\/span>Read More&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/statanalytica.com\/blog\/best-mining-stocks\/\" target=\"_blank\" rel=\"noreferrer noopener\">Best Mining Stocks That You Should Buy Now<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/statanalytica.com\/blog\/best-cheap-stocks-to-buy-now\/\" target=\"_blank\" rel=\"noreferrer noopener\">Best Cheap Stocks To Buy Now Under $10<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-loblaw-tse-l\"><\/span>4. Loblaw (TSE:L)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/To_6-FD13kc8pmSlvMu4oPY61avfKh_oaEXCGF3e7UPbBo4eMC4rZ5Hrf7ohs16l2KKsqsabd_YBeAJUzyMKhbDT6eoP40UhwwFuEQkOBGD7y3hAiNLFzd4rmaZ9j2zOho1RgA0-UjfdnU-QgJ4zOM06ixs2W6S3EJvSovsvsUTpV2xObzpuJISLRQ\" alt=\"\"\/><\/figure>\n\n\n\n<p>Next on our list of best Canadian stocks to buy is Loblaw (TSE:L). The market capitalization of this company is about 36.20 billion Canadian dollars.&nbsp;<\/p>\n\n\n\n<p>On the other hand, a recession is the main concern for 2022 and beyond. If this occurs, we can expect more volatility in the near term. As a result, we seek companies that can maintain revenue and earnings during an economic downturn.<\/p>\n\n\n\n<p>And undoubtedly, there is no better company in the country than Loblaw (TSE:L). Loblaw is one of Canada&#8217;s largest grocery, pharmacy, and general merchandise retailers, with the largest store footprint in Ontario and a significant presence in Quebec and British Columbia.<\/p>\n\n\n\n<p>Humans need food to survive regardless of their economic situation. We cannot survive without food and water. And when times are tough, we have to buy cheap products. Loblaw has a significant advantage because it has a much higher &#8220;discount&#8221; component than other grocers such as Empire Company and Metro.&nbsp; And, even though they have some product similarities, another discount retailer like Dollarama is unlikely to take significant market share.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5-goeasy-ltd-tse-gsy\"><\/span>5. Goeasy Ltd (TSE:GSY)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/OI91HOH6QWVA6tJnAXifGVjoc1GAuuZFIvuOCJxCueLcFg0RKvySbN031KEJO2LIbeBAiffKUDCHJOhJQVkTa72xk-pD6z4M4S6GY5Dt0UcNZGvPrDHX8ukNeSgoSSKkr9OAI0Jgj-7w0NLOVzQpTMcXhQ_jsC5L6ATTcx42-ssKlxhMsNsxw56cYQ\" alt=\"\"\/><\/figure>\n\n\n\n<p>The fifth stock to buy on our list is  <a href=\"https:\/\/en.wikipedia.org\/wiki\/Goeasy\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Goeasy Ltd<\/a> (TSE:GSY). The market capitalization of this company is about 1.78 billion Canadian dollars.&nbsp;<\/p>\n\n\n\n<p>If we talk about Goeasy, it is a small-cap Canadian company that operates easy home and easy financial divisions to provide non-prime leasing and lending services. As of now, the company has made over $5 billion in loans.<\/p>\n\n\n\n<p>However, It also works hard to improve Canadian borrowers&#8217; credit scores, with 60% of customers improving their credit scores within a year of borrowing. Loans are available for various products, including furniture, electronics, and appliances. Because of the strict lending restrictions implemented on Canada&#8217;s major financial institutions, Goeasy has become an attractive solution for Canadians.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-royal-bank-tse-ry\"><\/span>6. Royal Bank (TSE:RY)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/Qw4KKdjm_oUl2OI6LFfaAGket5G_4IvBa0HpS1G3FlFUkjAz-DLaZhXhvAtnrzN_wagmqGm3AEbsJ7sDtE9hGR91F-BI8ZrvUq6nVMwlOVIJCOPbpGChJxPf4L3-4iLbaPU6VDwEdzn4fvpwez73MnyKmAiwCYTloN0xnnv1CS4ef3npEyXNE8za1OFCng\" alt=\"\"\/><\/figure>\n\n\n\n<p>Sixth on our list of best Canadian stocks to buy is Royal Bank (TSE:RY). The market capitalization of this company is about 181.46 billion Canadian dollars. On the other hand, the average volume and P\/E ratio are 2.97M and 11.84, respectively.&nbsp;<\/p>\n\n\n\n<p>The Royal Bank of Canada (TSX:RY.TO) was established in the year of 1864 and is based in Toronto, Canada. It is a global financial services company with segments such as Personal &amp; Commercial Banking, Wealth Management, Insurance, and Capital Markets.&nbsp;<\/p>\n\n\n\n<p>On the other hand, the Royal Bank of Canada (TSX:RY.TO) announced that it had acquired MDBilling.ca on October 04. So, if you are looking to buy any Canadian stocks, this is the one that you are looking for.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-shopify-tse-shop\"><\/span>7. Shopify (TSE:SHOP)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/MiUcGb78bdzVSvp_7DdyCnBNChurCxI29tZLlz_-gIhPfaDbKa8uGvLbzQldteksg3rp_aLyZ42TkWNGjc1XUd9xt8rR_yc1IVXTyo8IxCoLY0pnPZMqnfaMZGxlHn_IgpcERzww7vEMuP9PpoZ4kAzxewQWOhMxIvaGL2lU8_yY3UP8haLelZ3x8oUMGA\" alt=\"\"\/><\/figure>\n\n\n\n<p>Sixth on our list of best Canadian stocks to buy is Shopify (TSE:SHOP). The market capitalization of this company is about 48.32 billion Canadian dollars. On the other hand, the average volume and Year range are 27.33M and $23.63 &#8211; $153.40, respectively.&nbsp;<\/p>\n\n\n\n<p>Shopify is a Canadian multinational e-commerce company. The headquarter of this company is in Ottawa, Ontario. On the other hand, this company was established by Scott Lake and Tobias L\u00fctke, in the year of 2006. If you are looking to buy an e-commerce stocks then this one is for you.<\/p>\n\n\n\n<p>The COVID-19 pandemic played a significant role in the rise of Shopify&#8217;s stock price from 2020 to 2022. With physical stores forced to close, many brick-and-mortar merchants were left struggling to maintain their businesses. To help these merchants, Shopify launched a <a href=\"https:\/\/blog.avada.io\/shopify\/docs\/get-free-shopify-trial.html\" data-type=\"link\" data-id=\"https:\/\/blog.avada.io\/shopify\/docs\/get-free-shopify-trial.html\" target=\"_blank\" rel=\"noopener\">90-day free trial<\/a> offer to encourage them to move their operations online. This move was well received and resulted in a surge of new merchants joining the platform, leading to a significant increase in Shopify&#8217;s stock price. The pandemic has accelerated the trend of online shopping, and Shopify&#8217;s strong position as a leading e-commerce platform has allowed it to capitalize on this trend and drive its stock price higher.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8-nuvei-tse-nvei\"><\/span><strong>8. Nuvei (TSE:NVEI)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"735\" height=\"479\" src=\"https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image.png\" alt=\"\" class=\"wp-image-19537\" srcset=\"https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image.png 735w, https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-300x196.png 300w, https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-150x98.png 150w\" sizes=\"(max-width: 735px) 100vw, 735px\" \/><\/figure>\n\n\n\n<p>Eight on our list of best Canadian stocks to buy is Nuvei (TSE:NVEI). The market capitalization of this company is about 7.63 billion Canadian dollars. On the other hand, the P\/E Ratio and Year range are 102.85 and $32.20 &#8211; $78.58, respectively.&nbsp;<\/p>\n\n\n\n<p>Nuvei Corporation (TSE: NVEI) is a payment technology company that provides payment processing solutions and related services to businesses globally. The company was founded in the year of 2003 and the headquarter of this company is in Montreal, Canada.<\/p>\n\n\n\n<p>Nuvei offers a range of payment solutions, including card-present and card-not-present transactions, mobile payments, e-commerce, and integrated payments. Its platform supports over 450 payment methods and 150 currencies, making it a versatile and comprehensive solution for businesses of all sizes.<\/p>\n\n\n\n<p>On the other hand, the company serves a diverse range of industries, including e-commerce, gaming, online marketplaces, travel, and hospitality. Nuvei&#8217;s services are designed to help businesses improve their payment processing capabilities, reduce fraud and chargebacks, and enhance their overall customer experience.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"9-parkland-fuels-tse-pki\"><\/span><strong>9. Parkland Fuels (TSE:PKI)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"742\" height=\"479\" src=\"https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-3.png\" alt=\"\" class=\"wp-image-19539\" srcset=\"https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-3.png 742w, https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-3-300x194.png 300w, https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-3-150x97.png 150w\" sizes=\"(max-width: 742px) 100vw, 742px\" \/><\/figure>\n\n\n\n<p>Ninth on our list of best Canadian stocks to buy is Parkland Fuels (TSE:PKI). The market capitalization of this company is about 5.61 billion Canadian dollars. On the other hand, the P\/E Ratio and Year range are 16.60 and $24.25 &#8211; $39.45, respectively.&nbsp;<\/p>\n\n\n\n<p>Parkland Fuels (TSE: PKI) is a Canadian company that operates in the retail and commercial fuel industries. However, the company operates across Canada, the US, the Caribbean, and Central America.&nbsp;<\/p>\n\n\n\n<p>It provides a wide range of services, including fuel retailing, commercial and wholesale fuel supply, propane, lubricants, heating oil, and other related products.<\/p>\n\n\n\n<p>Furthermore, the company also has a strong commercial business segment that supplies fuel and related products and services to a wide range of customers, including large-scale commercial and industrial customers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10-tfi-international-tse-tfii\"><\/span><strong>10. TFI International (TSE:TFII)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"734\" height=\"483\" src=\"https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-1.png\" alt=\"\" class=\"wp-image-19536\" srcset=\"https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-1.png 734w, https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-1-300x197.png 300w, https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-1-150x99.png 150w\" sizes=\"(max-width: 734px) 100vw, 734px\" \/><\/figure>\n\n\n\n<p>Tenth on our list of best Canadian stocks to buy is TFI International (TSE:TFII). The market capitalization of this company is about 12.67 billion Canadian dollars. However, the P\/E Ratio and Year range are 12.27 and $93.63 &#8211; $173.90, respectively.&nbsp;<\/p>\n\n\n\n<p>TFI International (TSE:TFII) is a Canadian transportation and logistics company. The headquarter of TFI International is in Montreal, Quebec. The company operates across North America and offers various transportation and logistics services, including truckload and less-than-truckload (LTL) freight transportation, logistics, and last-mile services.<\/p>\n\n\n\n<p>TFI International was founded in the year of 1957 and has grown through a combination of organic growth and acquisitions. The company has made numerous acquisitions over the years, including LTL carrier Canpar Transport in 2002, Loomis Express in 2014, and logistics provider DLS Worldwide in 2018, among others.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"11-sunlife-financial-tse-slf\"><\/span><strong>11. Sunlife Financial (TSE:SLF)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"735\" height=\"481\" src=\"https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-2.png\" alt=\"\" class=\"wp-image-19538\" srcset=\"https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-2.png 735w, https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-2-300x196.png 300w, https:\/\/statanalytica.com\/blog\/wp-content\/uploads\/2023\/05\/image-2-150x98.png 150w\" sizes=\"(max-width: 735px) 100vw, 735px\" \/><\/figure>\n\n\n\n<p>Last best Canadian stocks to buy is Sunlife Financial (TSE:SLF). The market capitalization of this company is about 39.00 billion Canadian dollars. However, the P\/E Ratio and Year range are 13.14 and $52.97 &#8211; $69.08, respectively.&nbsp;<\/p>\n\n\n\n<p>Sun Life Financial (TSE:SLF) is a Canadian financial services company with operations in Canada, the United States, Asia, the United Kingdom, and other international markets. The company offers a wide range of financial products and services, including life insurance, health insurance, retirement savings, investment management, and wealth management.<\/p>\n\n\n\n<p>Sun Life Financial was founded in in the year of 1865. On the other hand, the headquarter of this company is in Toronto, Canada. The company has over 40,000 employees and serves millions of clients worldwide. Furthermore, Sun Life Financial is listed on the Toronto Stock Exchange (TSE) under the ticker symbol &#8220;SLF&#8221; and is also listed on the New York Stock Exchange (NYSE) under the same ticker symbol.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This is the of this post, which is the best Canadian stocks to buy. On the other hand, each has huge potential for growth and profit, as well as a certain level of risk. As a result, if you plan to buy any Canadian stocks mentioned above, then do proper research. <\/p>\n\n\n\n<p>Or you can take some advice from your finance consultant to ensure that you take the right step. I hope you get your answer after reading this post. Thanks for reading, Happy Investing!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"faqs\"><\/span>FAQs&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1666173658242\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"q1-what-are-the-best-canadian-oil-stocks-to-buy-in-2022\"><\/span>Q1. What are the best Canadian oil stocks to buy in 2022?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Here are the top 5 best oil Canadian oil stocks to buy in 2022:<\/p>\n<p>1. Baytex Energy Corp. (BTE) with a market cap of C$3.495 billion.<br \/>2.NuVista Energy Ltd. (NVA) with a market cap of C$2.563 billion.<br \/>3. Tourmaline Oil Corp (TOU) with a market cap of C$25.973 billion.<br \/>4. Birchcliff Energy Ltd. (BIR) with a market cap of C$2.79 billion.<br \/>5. Cardinal Energy Ltd. (CJ) with a market cap of C$1.236 billion.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1666173667305\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"q2-what-are-the-best-stocks-to-buy\"><\/span>Q2. What are the best stocks to buy?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>As of now, the best stocks to buy are Bombardier Inc. Class B Subordinate Voting Shares (TSE: BBD.B). The current price of this stock is 31.97$. However, the performance of Bombardier Inc has been 45.56% higher in the last three months.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>If you are looking for the best Canadian stocks to buy (2023 Edition), then you are at the right place. Because in this post, we will discuss the 11 best Canadian stocks you can buy now, which are based on the current market.&nbsp; In terms of returns, Canadian stocks and the Toronto Stock Exchange have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19540,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1665],"tags":[1824,1825],"class_list":["post-13293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","tag-best-canadian-stocks-to-buy","tag-canadian-stocks-to-buy"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/posts\/13293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/comments?post=13293"}],"version-history":[{"count":0,"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/posts\/13293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/media\/19540"}],"wp:attachment":[{"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/media?parent=13293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/categories?post=13293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/statanalytica.com\/blog\/wp-json\/wp\/v2\/tags?post=13293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}