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2 TSX Stocks With Market-Beating Potential

2 TSX Stocks With Market-Beating Potential

2 tsx 股票具有市場超越潛力
The Motley Fool ·  11/12 10:45

It can be smart to go with the better business and pay a higher price of admission than opt for the seemingly dirt-cheap, deep-value play that you may find out is cheap for a reason after spending three or more years waiting patiently for Mr. Market to correct his pricing error.

選擇更好的業務,並支付更高的入場費可能是明智的選擇,而不是選擇看似非常便宜的、深度價值投資,經過三年或更長時間的耐心等待之後,你可能會發現它之所以便宜是有原因的,因爲等着市場先生糾正他的定價錯誤。

As Warren Buffett once put it, it's better to go for the "wonderful" business at a fair price than the "fair" business at a wonderful price. Such a rule has helped Buffett really score solid returns over the years. In this piece, we'll look at a few proven market beaters that I view as fantastic companies that are worth owning at fair multiples.

正如禾倫·巴菲特曾經所說,選擇以公平的價格購買「美好」的業務,而不是以美好的價格購買「公平」的業務,這樣的規則多年來幫助巴菲特取得了穩定的回報。在這篇文章中,我們將看一下一些被證明是市場贏家的公司,我認爲這些公司都是值得以公正的倍數持有的夢幻般公司。

Of course, it'd be nice to have one's cake and eat it, too, with the stocks of wonderful companies priced at equally wonderful multiples. However, the opportunity to get these doesn't come along all too often. And it may not be worth waiting around for them as, for the most part, other investors may have recognized such bargains and snatched them up before you've had a chance to hit the buy button.

當然,如果能以同樣令人滿意的價格購買到美好公司的股票,那將是件好事。然而,這樣的機會並不經常出現。並且,等待它們可能並不值得,因爲大多數時候其他投資者可能已經意識到這樣的便宜貨並在你按下買入按鈕之前搶購了它們。

Here are two TSX stocks that have been proven winners but aren't all too overvalued. Arguably, I think they can keep up their winning ways over the next three to five years. So, if you're a Canadian investor looking for top-tier exposure at reasonable, albeit not "steal" prices, consider the following stocks.

這裏有兩隻被證明是贏家的tsx股票,但並沒有過分高估價值。我認爲它們有可能在未來三到五年內繼續保持勝利勢頭。所以,如果你是一名尋求以合理價格獲取一流曝光的加拿大投資者,不妨考慮以下股票。

Fairfax Financial Holdings

Fairfax Financial Holdings

Fairfax Financial Holdings (TSX:FFH) stock looks lofty at more than $1,800 per share. Further, the stock chart seems to have blasted off in recent years, drawing concern for some who are put off by parabolic trajectories.

Fairfax Financial Holdings(tsx:FFH)股價超過1800美元,顯得有些高不可攀。而且,近年來股價圖表似乎一飛沖天,這讓一些人感到擔憂,他們對這種拋物線軌跡感到反感。

In many prior pieces, I've stated that FFH stock still looked like a great deal despite the hot run and that the name had legs to move even higher. At 7.98 times trailing price to earnings (P/E), FFH may just be one of those rare "have your cake and eat it, too" types of bargains.

在許多以前的文章中,我曾經說過,FFH股票儘管經歷了熱烈的漲勢,看起來仍然是一個不錯的交易,而且這支股票有潛力進一步走高。以7.98倍的市盈率(P/E)來看,FFH可能是那種罕見的「既想擁有蛋糕,還想吃掉它」的便宜貨之一。

The firm's fundamentals are improving by leaps and bounds (the investment portfolio is robust, and insurance underwriting is doing well). Yet, the P/E multiple still doesn't reflect the rate of improvement, at least in my view.

該公司的基本面正在飛速改善(投資組合強勁,保險覈保表現出色)。然而,至少在我看來,市盈率仍未反映改善速度。

In its latest third-quarter earnings, underwriting was "outstanding." Going into 2025, I expect them to stay that way, especially as top boss Prem Watsa looks to position his bets for Trump's return to the Oval Office.

在最新的第三季度收益中,承保業務表現「出色」。進入2025年,我預計它們會保持這種狀態,特別是在高層老闆普雷姆·瓦特薩試圖爲特朗普重返總統辦公室做好準備的情況下。

Waste Connections

廢物管理公司Waste Connections

Waste Connections (TSX:WCN) is a waste collection service provider that's been a steady performer in recent years. Though WCN stock isn't as blistering as FFH, the name has still slowly and steadily delivered for long-term investors. At writing, the stock goes for 23.6 times forward P/E — a fair multiple to pay for a simple, proven market-beater.

Waste Connections(TSX:WCN)是一家廢物收集服務提供商,近年來一直是穩健的表現者。儘管WCN股票不像FFH那樣火爆,但這個名字仍然在慢慢且穩定地爲長期投資者帶來回報。在撰寫本文時,該股票的前瞻市盈率爲23.6倍 —— 爲一個簡單、已被證明是市場贏家的公司支付的合理倍數。

Only time will tell if shares of WCN can keep outperforming the TSX Index. As the firm continues wheeling and dealing in its industry, I'd say the low-risk growth profile makes WCN stock a name worth holding for decades at a time.

只有時間能告訴我們WCN股票是否能繼續跑贏TSX指數。隨着公司在其行業中不斷推進業務,我認爲低風險的增長模式使得WCN股票成爲一個值得長揸幾十年的公司名稱。

Also, the 0.7%-yield dividend is positioned for huge growth, making it an ideal play for a young investor who may want a fatter payout in the more distant future.

此外,0.7%的股息收益率具有巨大的增長潛力,使其成爲一個非常理想的選擇,特別是對於年輕投資者,他們可能希望在更遙遠的未來獲得更豐厚的回報。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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