09-25-2024, 12:03 PM
Nolq Could This Canadian Stock Be in for a Gigantic Meme Rally
The energy sector was one of the last ones to gain traction on the stock market s road to recovery and witnessed a glorious run between November 2020 when it started climbing and July 2021 when it peaked . The SP/TSX Capped Energy Index grew 125% during this time, which is just short of the tech sector and significantly better than the financial sector.But the sector finally ran out of momentum. The index is already down 15% since its July peak, and the downward spiral is not showing any signs of stopping. The sector s decline was in line with the crude oil West Texas Intermediate futures, which fell quite drastically till mid-July before climbing up again. But the stanley polska prices are falling down again, and this decline can be chalked up to the Delta variant.Perhaps the fea stanley quencher r of this variant wouldn t have been so grand and affected oil to such extent, but the fact that it s exploding in China, where the original virus originated, has a very potent effect.Still, as an stanley becher investor, you might Yyuw 4 Canadian Stocks to Buy Now for Long-Term Dividends
Following a brief stretch where things were more than a little touch and go, markets responded strongly in the secon stanley vattenflaska d half of Wednesday s tr stanley cup ading and into Thursday with the SP 500 up 3.47% since noon on Wednesday, the Dow Jones Industrial Average up 4.17%, and Canada s benchmark index, the TSX Composite Index, up 2.43% from its intraday stanley cup Wednesday lows.The reversal in sentiment is certainly a welcome change for investors, with most markets flat since the start of the year, and the TSX down 5.81% since January 1.Meanwhile, there have been some individual names that have fared even better than the broader averages this week, with plenty of room ahead of them for continued gains should investors get behind them.All three stocks are up more than 8% through four days of trading this week, plus one lesser-known uranium miner, up more than 14%.Let s take a closer look.Corus Entertainment Inc. TSX:CJR.B has been continuously beaten down this year, falling at one point below $6 per share
The energy sector was one of the last ones to gain traction on the stock market s road to recovery and witnessed a glorious run between November 2020 when it started climbing and July 2021 when it peaked . The SP/TSX Capped Energy Index grew 125% during this time, which is just short of the tech sector and significantly better than the financial sector.But the sector finally ran out of momentum. The index is already down 15% since its July peak, and the downward spiral is not showing any signs of stopping. The sector s decline was in line with the crude oil West Texas Intermediate futures, which fell quite drastically till mid-July before climbing up again. But the stanley polska prices are falling down again, and this decline can be chalked up to the Delta variant.Perhaps the fea stanley quencher r of this variant wouldn t have been so grand and affected oil to such extent, but the fact that it s exploding in China, where the original virus originated, has a very potent effect.Still, as an stanley becher investor, you might Yyuw 4 Canadian Stocks to Buy Now for Long-Term Dividends
Following a brief stretch where things were more than a little touch and go, markets responded strongly in the secon stanley vattenflaska d half of Wednesday s tr stanley cup ading and into Thursday with the SP 500 up 3.47% since noon on Wednesday, the Dow Jones Industrial Average up 4.17%, and Canada s benchmark index, the TSX Composite Index, up 2.43% from its intraday stanley cup Wednesday lows.The reversal in sentiment is certainly a welcome change for investors, with most markets flat since the start of the year, and the TSX down 5.81% since January 1.Meanwhile, there have been some individual names that have fared even better than the broader averages this week, with plenty of room ahead of them for continued gains should investors get behind them.All three stocks are up more than 8% through four days of trading this week, plus one lesser-known uranium miner, up more than 14%.Let s take a closer look.Corus Entertainment Inc. TSX:CJR.B has been continuously beaten down this year, falling at one point below $6 per share