[ryankul]

I invested in Shopify stocks last year and got a really high cut. I am just wondering what are the best stocks to invest this year?

 

[like_to_retire]

I invested in Shopify stocks last year and got a really high cut. I am just wondering what are the best stocks to invest this year?

Once we figure out what a high cut is, we'll know how to answer.

How could anyone possibly know what stocks will do best in the next year?

 

[GreatLaker]

Once we figure out what a high cut is, we'll know how to answer.

Maybe something to do with marijuana stocks? :jaded:

 

[jargey3000]

well, oil stocks will rise in '17. no?

 

[TomB19]

Anything to do with utility scale wind and/or solar.

 

[My Own Advisor]

I'm optimistic renewable energy will pop next year.

I also think oil stocks will do well.

After that, I have no idea - where is kcowan's 2017 predictions contest?

 

[jerryhung]

If we know (can see the future), we wouldn't be here

RBC has some Top Global picks (7-8 in TSX)
Desjardins has 29 picks for TSX
TD has Action List Buys

not sure if anybody included Shopify last year ... I also did really well in it and sold/bought a few times. As always, sold too early half of the time, or bought too little half of the time (e.g. bought C$35 post-Brexit!!! but only 100 shares)

 

[new dog]

Gold stocks have a good chance to outperform only because they have been beaten so hard in the last half of this year. It doesn't mean they will however because of Fed rate hike threats.

 

[Gwenstacy]

I will invest this year for long term, Microsoft stock has an annual dividend yield of 2.58%, beating the average dividend yield of S&P 500 companies of just below two percent. During the first quarter of 2017, the company announced an eight-percent increase in its quarterly dividend to $0.39 per share and a new share repurchase program, authorizing up to $40.0 billion in share repurchases.

 

[Gwenstacy]

The four best dividend stocks for 2017 are going to be MSFT, WMT, PG and KO. That is what my plan and I am currently also studying more on these stocks.

 

[Koogie]

The four best dividend stocks for 2017 are going to be MSFT, WMT, PG and KO. That is what my plan and I am currently also studying more on these stocks.

So, I would assume you work for that pump and dump outfit or are you just a fan ?

 

[Brad911]

Pump & dump....he/she/it is on a few forums cutting and pasting the same garbage.

I'll take a value approach to the OP's question.

I think the stocks that will be the best are ones with an appropriate forward P/E ratio. What you saw in 2016 was a number of stock with high P/E that missed estimates or trimmed guidance and they got whacked (GIS one example). If the market behaves as it has (lots of momentum, lots of money at play) it makes sense to me that undervalued companies will be rewarded the most relative to volatility. Of course the momentum stocks will continue to do well until...well...they lose momentum, but that's not a very good overall investing strategy unless your timing is great and you're lucky.

 

[londoncalling]

Of the 4 I like MSFT and KO. PG is ok but WMT is not for me as I see online taking more of their lunch over time.