Wall Road 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 continued 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 throughout the first post-summer month, shouldn’t or not it’s the most effective shopping for alternative, too?
A special story
Canada’s essential inventory alternate tells a distinct story and debunks the curse. To date in September 2025, the TSX has posted a string of latest report highs. Additionally, the Index is up 18.55% yr to this point, following a ten.34% advance within the final three months. A possible rate of interest lower by the Financial institution of Canada this month might additional enhance 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 services business. The $1.1 billion firm owns and operates long-term care (LTC) houses for seniors and supplies in-home healthcare companies. The sustained and rising demand for healthcare companies is the important thing driver of its robust monetary efficiency.
Within the first half of 2025, income and internet working revenue (NOI) elevated by 5.9% and seven.9% yr over yr to $758.1 million and $105.2 million. Web 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 developments 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 latest LTC houses within the province, and the funding isn’t 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 achieve and partake within the 3.84% dividend. One of the 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 fee since January 2013, however the healthcare sector’s unstable 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. To date in 2025, the year-to-date market-beating return is +54.89%. As of this writing, TSAT trades at $36.60 per share.
In addition to its Geostationary Orbit (GEO) satellites, the corporate boasts the Telesat Lightspeed (LEO) community. The LEO community was optimized to handle the wants of presidency, aeronautical, maritime, and telecom clients. Telesat’s allied companies embody technical session and help companies 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 because of the 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 may very well be a singular case of shopping for excessive and promoting larger.
Shopping for alternatives
The September Impact may very well be a fable, 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 revenue and capital development.
