Best Stock Investments For Beginners this April 2026

Fortis (FTS.TO) stands out as a reliable utility stock, boasting an impressive 52-year streak of dividend increases. With a dividend yield of 3.29% and a strong one-year return of 20.41%, it’s an attractive option for investors seeking stable growth and consistent passive income from financially healthy companies. Analysts maintain a neutral outlook, with RBC Capital rating it as Sector Perform and Credit Suisse giving it a Neutral rating.

Canadian National Railway (CNR.TO) stands out as an infrastructure stock, boasting a 29-year dividend streak and a yield of 2.47%. Despite recent challenges, with a 1-year return of -1.44% and a 5-year return of -4.39%, analysts maintain a positive outlook, with ratings ranging from Outperform to Buy. Investors can anticipate steady performance in the energy and transportation sectors, and CNR is projected to achieve profitability within the next three years, despite slower revenue growth compared to the broader market.

CNR is expected to become profitable within the next three years, but its revenue growth forecast of 4% per year is slower than the US market average of 10.5%.

The Bill & Melinda Gates Foundation Trust is the largest shareholder of Canadian National Railway, owning 8.7% of the outstanding shares.

AltaGas (ALA) stands out as a defensive utility and midstream stock that skillfully marries growth with safety, making it an ideal choice for novice investors aiming to build a stable portfolio. With a commendable 1-year return of 24.33% and an impressive 5-year return of 130.27%, it has demonstrated a robust performance trajectory. Analysts maintain a Buy rating from TD Securities, underscoring the appeal of a company that has achieved a remarkable 53% annual growth in earnings per share over the past three years.

AltaGas has demonstrated impressive earnings per share (EPS) growth of 53% annually over the last three years, which may attract long-term investors, although such growth rates are unlikely to be sustainable.

Based on its current market price of 48.12 CAD, AltaGas Ltd (ALA.TO) is considered undervalued by approximately 1.7% compared to its intrinsic valuation.

Granite REIT (GRT.UN) stands out as an attractive option for investors seeking reliable income and diversification, offering a solid 4.25% dividend yield alongside a history of 15 consecutive years of annual increases. With a robust one-year return of 19.55% and strong analyst ratings from RBC Capital, indicating "Outperform," this REIT combines stability with growth potential, making it suitable for both novice and seasoned investors. Its consistent payouts and sustainable dividends further reinforce its position as a financially healthy investment in the industrial real estate sector.

Granite REIT offers a stable and generous dividend yield, with a sustainable payout and potential for growth in earnings and distributions.

All 6 Wall Street analysts recommend buying Granite Real Estate Investment Trust, indicating a strong consensus for investment.

TD Bank stands out as an attractive option for long-term Canadian dividend investors, boasting a solid dividend yield of 3.31% and an impressive 5-year return of 56.03%. Analysts have a favorable outlook, with RBC Capital recently upgrading the stock to Outperform, indicating confidence in its continued growth. With adjusted earnings per share projected to rise significantly by 2030, TD Bank remains a reliable choice for those seeking consistent income from financially healthy companies.

TD's adjusted earnings per share are projected to increase from $8.37 in fiscal 2025 to $11.83 in fiscal 2030, potentially leading to a 35% stock price gain if priced at 14 times forward earnings.

The 5-year total return on TD stock is 76.20%, meaning a $1,000 investment five years ago would be worth approximately $1,761.97 today, including price appreciation and reinvested dividends.

TD stock has shown a strong recovery, indicating it may be entering a new growth phase as 2026 approaches.