Just Released: The 5 Best Stocks to Buy in February 2023 [PREMIUM PICKS]

Making money investing in stocks is not hard — often, all you need is patience.

| More on:
top TSX stocks to buy

Source: Getty Images

Premium content from Motley Fool Stock Advisor Canada

“Best Buys Now” Pick #1:

Brookfield Infrastructure Partners (TSX:BIP.UN)

As silly as it might sound, the goal of the vast majority of investors isn’t just to make money “investing” in stocks.

The vast majority want to make A LOT of money. And here’s where people really get into trouble … they want to make A LOT of money really fast. It’s a pursuit that ends up with many people far worse off than if they’d never taken it up in the first place.

The thing is, with the proper framework, making money investing in stocks is relatively easy.

Framework is a great word when it comes to Brookfield Infrastructure Partners (TSX:BIP.UN). After all, here’s a company that owns vast swaths of the very fabric of society: electricity transmission lines, rail track, port terminals, and midstream natural gas pipelines only scratch the surface of the assets in BIP’s portfolio.

BIP has been a wealth-creating machine over the years. This will continue. The global infrastructure giant has delivered nearly 17% annualized total returns since its formation in 2008. That has enabled the company to grow a relatively modest investment into a much more sizable payday. For example, a $500 investment at its formation would have grown into nearly $5,000.

Again, making money investing in stocks is not hard. Making A LOT of money fast is.

With Brookfield’s units (aka stock) selling off over the past year — they’re about 11% below the recent high in April 2022 — it’s trading at an attractive level. Buy shares, leave them be for five years, and you will make money investing in this entity.

“Best Buys Now” Pick #2

Redacted

Want All 5 “Best Buy Now” Stocks? Enter your email address!

The Motley Fool recommends Brookfield Infrastructure Partners. The Motley Fool has a disclosure policy.

More on Stocks for Beginners

space ship model takes off
Stocks for Beginners

The Absolute Best Canadian Stocks to Buy and Hold Forever in a TFSA

These two proven Canadian companies are still growing, even as their stocks haven’t seen much appreciation of late.

Read more »

woman considering the future
Stocks for Beginners

Here’s What Retirement Savings Often Look Like for Canadians at 55

At 55, national “average” balances matter less than how much income your assets can reliably produce.

Read more »

workers walk through an office building
Stocks for Beginners

3 Undervalued Stocks to Buy Before the Crowd Catches On

These three TSX stocks are posting encouraging results while building businesses that could attract greater investor attention over time.

Read more »

A child pretends to blast off into space.
Tech Stocks

2 Canadian Stocks That Could Surge Before 2026 Ends

Two smaller Canadian growth stocks could get a boost from upcoming results and big deals tied to data-centre power and…

Read more »

A train passes Morant's curve in Banff National Park in the Canadian Rockies.
Dividend Stocks

2 Dividend Stocks Worth Holding Through 2030

Two dividend growers could boost your income by 2030, combining CNQ’s higher yield with CN Rail’s steadier business.

Read more »

concept of growth
Energy Stocks

Where Could Suncor Stock Be After 3 More Years of Dividends?

Suncor’s next three years could deliver about $7.50 per share in dividends, but oil prices still decide how exciting the…

Read more »

man in bowtie poses with abacus
Dividend Stocks

What the Average Canadian TFSA Looks Like at Age 50

See what the average Canadian TFSA looks like at age 50 and how CNR, Constellation Software, and VFV could support…

Read more »

A Canada Pension Plan Statement of Contributions with a 100 dollar banknote and dollar coins.
Dividend Stocks

How to Create Your Own Pension With Dividend Stocks

A DIY “dividend pension” can top up CPP, but it needs diversification, payout coverage, and time to grow.

Read more »