Hillcrest Energy Technologies. (CSE: HEAT)
From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future.
The Toronto Stock Exchange index is down only 1% from its historical high. For new investors, it’s often challenging to find the perfect time to start investing. Undoubtedly, when market volatility hits and there are numerous unknowns (such as geopolitical issues, economic conditions, elections, etc.), it’s tempting to delay investing.
In fact, Canada’s population might prevent the country from falling into a traditional economic recession. However, with Canadians feeling stressed daily, it may not seem like a good time to inject new capital into the market. The Bank of Canada seems poised to lower interest rates faster than it raises them, and some are concerned about a potential hard landing for the economy.
Nonetheless, as the Bank of Canada seeks to lower rates, the Toronto Stock Exchange index begins to rally, with the potential for bigger cuts than initially expected. Lower interest rates benefit both consumers and businesses. Spending less on debt interest means more cash available for discretionary spending on various goods. With the ongoing boom in artificial intelligence, the situation may turn out much better than expected. Sometimes, the barrier to making a significant impact is low and doesn’t require a lot of money!
If you are a new investor, it makes sense to consider high-quality stocks that can perform well in both good and bad times. Take Brookfield Corp. (TSX: BN) as an example; it is a legendary alternative asset management company that is currently trading slightly below its all-time high.
The company has been riding high (with its stock price up 49% over the past year), yet in terms of valuation, its stock is still very inexpensive. From well-operated renewable energy projects to essential, recession-resistant infrastructure assets, and low-correlation private equity, this stock offers a lot of advantages.
Recently, the company partnered with Microsoft (MSFT) to develop clean energy projects. As Microsoft sets high standards for other industries, other companies are likely to accelerate their commitments to renewable energy.
