what's up guys it's wiz welcome back to the
channel if you are new here i am a big canadian dividend growth investor and i cover basically a
whole lot of information about investing in canada so if you're into that follow the channel so we
get to know the canadian stock market together today i'll be going over a great canadian stock
that you should hold if you look forward to dividends each year and also look forward to
a great capital gain over the next few years plus if you are looking for undervalued stocks
and a currently discounted stock in the market or more specifically the the canadian market
then i will be presenting one amazing stock that is undervalued and offers dividends i will
be breaking down this stock and i'll tell you why you should add it to your portfolio right
now or in the near future in my opinion in the future after the pandemic is finally over this
stock will have high revenue high profits and high potential for future value of the company
stock many stocks have been trading at a big discount so this great stock is extremely worth
looking at with these low prices so i suggest checking the stock out buying it if you are
interested and ride the wave with this economic recovery which is bound to come at some point
as always before i get started if you don't already know i'm a canadian investor and use a
broker called wealthsimple i'm a dividend growth investor so all the current stocks in my portfolio
are all dividend stocks and uh two i have two big tech companies um if you want all the details and
the holdings of my dividend portfolio check out my portfolio overview video um i invest mostly
in dividend stocks since i am quite young this passive income will grow bigger and bigger over
time and will probably overtake my annual salary when i'm older and so if you're a canadian like
me and are looking to start invested you should consider using wealth simple trade app since if
you sign up with the link in the description and you deposit a hundred dollars you will get a free
ten dollars from wilson the stock i'll be going over today is kushta ticker symbol atd.a which
is on the tsx start toronto stock exchange market cushdown is a multinational convenience store and
gas station chain and they are actually the leader in the convenience store industry in canada
with around 9 500 stores in north america it operates a network of convenience stores or
as in canada we like to call them dependers so they operate in north america ireland
poland and russia and many more countries in 2019 kushta had a record-breaking year of
earnings for the company so and actually the company primarily generates income for the sales
of tobacco products groceries beverages fresh food quick service restaurant meals car wash
services other retail products and much more stuff in addition the company operates more stores
under the name circle k in other countries such as china egypt and malaysia its operations are
divided into in the us the europe and canada kushta also mentions that their goal by 2023 is
to double their earnings from their previous year of 2019 which is one of which was one of their
biggest years in earnings houston is considered an essential service slash company during tough
economic times it is similar to grocery store chains which have as we have seen have remained
open during the pandemic and have earnings that continue to grow without a big pullback it is also
good to mention that kushtal is also a big company that wants to establish itself in canada and push
to grow and buy existing convenience store chains which is um which is great since uh their net cash
has actually improved since uh 2019-2020 so it's actually also not improved but this has increased
also so so this is just another this reassures us that they are able to withstand the pandemic
and any losses that the pandemic caused them as you can see on my screen the stock is currently
at a price of 45.05 dollars the great thing is crucial also has a dividend yield of around 0.62
percent not only is this stock going to grow in value over the next few years but they offer a
dividend at the same time so that's just another plus as mentioned the big benefit is the capital
appreciation with a minor benefit from dividends so this is a perfect stock which describes my
way of investing which is dividend growth stocks stocks that have a high chance to gain value in
the future and offer dividends at the same time finally kushta is a great addition to any
portfolio especially if you're a canadian investor looking for a big and great canadian stocks so if
you want to add one of the best companies on the toronto stock exchange market you have to add
kushtal to your list please watch my previous videos on canadian stock recommendations and let
me know of any canadian stocks you want me to look into and give an opinion on hopefully this
dive into a kushtag stock made your investment decision easier i guess and let me know how
you feel about the stock in the comments do you like this growth play do you have any
better recommendations let me know in the comments since i really want to know and expand
my view in the canadian market so i can expand my knowledge about canadian stocks also
if you did enjoy this video leaving a like really helps to grow the channel thanks for
watching i'll see you guys in the next video
