Wall Avenue is cautious of September, which is traditionally the worst month for the U.S. inventory market. Market observers named this market anomaly the September Impact. The story endured as a result of the S&P 500 Index declined in September in six of the previous 10 years, with a -2% common return in the identical interval.
If shares do tumble and dip in the course of the first post-summer month, shouldn’t or not it’s the very best shopping for alternative, too?
A special story
Canada’s most important inventory trade tells a distinct story and debunks the curse. Up to now in September 2025, the TSX has posted a string of recent report highs. Additionally, the Index is up 18.55% yr thus far, following a ten.34% advance within the final three months. A possible rate of interest reduce by the Financial institution of Canada this month might additional increase the TSX.
In the meantime, many shares have joined the record-setting run, together with Extendicare (TSX:EXE) and Telesat Company (TSX:TSAT). The previous is a profitable choice for income-focused buyers and retirees, whereas the latter is a prime decide for development buyers.
Dividend play
Extendicare belongs within the medical care amenities business. The $1.1 billion firm owns and operates long-term care (LTC) houses for seniors and supplies in-home healthcare providers. The sustained and rising demand for healthcare providers is the important thing driver of its robust monetary efficiency.
Within the first half of 2025, income and internet working earnings (NOI) elevated by 5.9% and seven.9% yr over yr to $758.1 million and $105.2 million. Internet earnings for the interval rose 20.5% to $47 million from a yr in the past. Its president and CEO, Dr. Michael Guerriere, stated Extendicare’s operations are scaling effectively. He added that demographic tendencies drive demand.
In July this yr, the Ontario authorities introduced the brand new 2025 Lengthy-Time period Care Dwelling Capital Funding Coverage (CFP). The CFP helps the development of recent LTC houses within the province, and the funding will not be time-limited. Extendicare plans to advance 18 redevelopment initiatives for the brand new program.
At $13.14 per share, buyers take pleasure in a +26.89% year-to-date acquire and partake within the 3.84% dividend. The very best half for income-seekers is that the payout frequency is month-to-month. Notably, EXE hasn’t missed a month-to-month money dividend cost since January 2013, however the healthcare sector’s risky nature.
Distinctive high-growth funding
Telesat, a $393 million satellite tv for pc operator, supplies mission-critical connectivity options to purchasers within the communication tools business. Up to now in 2025, the year-to-date market-beating return is +54.89%. As of this writing, TSAT trades at $36.60 per share.
Moreover its Geostationary Orbit (GEO) satellites, the corporate boasts the Telesat Lightspeed (LEO) community. The LEO community was optimized to deal with the wants of presidency, aeronautical, maritime, and telecom clients. Telesat’s allied companies embody technical session and help providers to satellite tv for pc operators, insurers, and different business stakeholders worldwide.
Dan Goldberg, Telesat’s President and CEO, acknowledged that Telesat Lightspeed is making robust technical and business progress. There’s income visibility as a result of contracted backlogs of $900 million and $1.1 billion for GEO and LEO, respectively, after the primary half of 2025. Given its important development potential, TSAT could possibly be a novel case of shopping for excessive and promoting increased.
Shopping for alternatives
The September Impact could possibly be a fantasy, judging by TSX’s efficiency this month. Extendicare and Telesat are shopping for alternatives for dividend or development buyers. You may spend money on each for earnings and capital development.
