We are looking for potentially winning underpriced Canadian stocks
). Like other banks on this list, it is being affected by variable interest rates and general anxiety about banks. Long investors bullish on CIBC should expect a reversion to the mean due to strength in the bank’s size and balance sheet.
Franco-Nevada is considered 12 per cent undervalued and riding a 19 per cent growth in share price over 52 weeks. It is well diversified in terms of ore, silver and platinum production and a favourite of institutions and funds. For investors looking for a way to gain exposure to precious metals, its high price has them asking if there is still room to grow.
Nutrien is the world’s largest fertilizer producer. On balance it stands out with a 4.8 P/E, 3.2 per cent yield and 12 per cent room to grow in terms of valuation. These numbers are due to strong 2022 profits, the result of geopolitical increases in the cost of energy that markets don’t expect to continue. It is trading near its 52-week low, having lost 35 per cent of its value, with investors waiting for a rebound.
Continuing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day closing summary reports for all North American securities.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P/TSX composite down in late Wednesday morning trading, U.S. stock markets higher | Globalnews.caCanada's main stock index was down in late-morning trading, dragged lower by losses in the utility, industrial and telecommunication sectors, while U.S. stock markets were higher.
Read more »
S&P/TSX composite down more than 200 points in morning trading, U.S. markets mixed | Globalnews.caS&P/TSX composite down more than 200 points in morning trading, U.S. markets mixed
Read more »
TSX tumbles after hotter-than-expected inflation dataThe TSX fell the most in three weeks as inflation rose unexpectedly in April, the first time in 10 months. Read more here.
Read more »
TSX posts biggest decline in two months as commodity prices fall, inflation risesThe TSX fell the most in two months, including in the energy and financial sectors, as commodity prices dropped and inflation rose. Read on.
Read more »
Analysts’ forecast returns, yields and recommendations for all TSX Composite stocksYear-to-date gains have held despite slowing growth
Read more »
Newcomers to Sault learn about Canadian approach to policingPolice Week: Approximately 30 newcomers to the Sault — many from Taliban-ruled Afghanistan, some from war-torn Ukraine — learn about local law enforcement
Read more »