The TSX continued to hit record highs this week, gaining 192 points, or 1.1% to close at 17,848. Click here to continue reading about the biggest advancers and decliners by sector for this week!
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As the TSX continued to hit record highs, unfortunately it gave the gains back on a down day on Friday. Still, each sector had its biggest winners and losers. Air Canada stock was the worst performing Industrials stock due to travel concerns from the coronavirus spreading globally, while Bombardier reversed course and was the best performing stock in the Industrials this week. Read on to see the full list!
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It was a bit of a wild start to the first full trading week of 2020 with some big names moving higher such as Aritzia on the back of a strong quarterly report. Aurora Cannabis, on the other hand, was the biggest loser of the week falling 17.31% as analysts warned the company would be unlikely to meet its debt covenants. Check out the biggest advancers and decliners by sector by reading on!
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On December 10, 2019, analysts from seven brokerages updated their price targets on nine S&P/TSX Composite Index stocks. These brokerages include JPMorgan Chase, Royal Bank of Canada, and Canaccord Genuity. Check out these latest ratings and see how each brokerage’s call has performed in the past!
Read MoreWhat to make of Ensign Energy's high dividend yield? At 15.74%, Ensign currently has the highest dividend yield of all companies listed on the S&P/TSX Composite Index. While this may be attractive to dividend investors, a high dividend yield may signify trouble. Today, we examine the company’s financial statements and management’s actions, including those of its direct competitors, to answer the question: is this just another dividend yield trap?
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