goeasy
GSY.TO (TSX)
goeasy stands out as a higher-risk investment opportunity in the Canadian market, boasting a robust 10-year dividend growth rate of around 30%. Currently trading at C$133.92, it offers a dividend yield of 4.48%, making it an attractive option for investors seeking reliable income from financially sound companies. Analysts view it as a Moderate Buy, with a potential upside of 49.32%, reflecting confidence in its recovery trajectory.
Pros:
- High dividend growth rate
- Potential for recovery
Cons:
- High risk investment
- Recent negative returns
goeasy (GSY.TO) presents a compelling investment opportunity for those willing to accept higher risk in pursuit of income and potential capital appreciation, particularly given its strong historical dividend growth and moderate analyst ratings. Investors seeking to diversify their portfolios with a stock that combines a decent yield with the possibility of significant upside may find goeasy appealing, especially in the context of its recent performance.