Uranium and rare earth miner Energy Fuels (EFR.TO) has been climbing back up the relative strength rankings in the SIA S&P/TSX Composite Index Report since the end of July and has climbed 118 positions in the last month. Yesterday, EFR.TO returned to the Green Favored Zone for the first time since last November after rising 21 spots to 48th place.
Accenture PLC (ACN) moved into the Favored zone of the SIA S&P 100 Index Report on May 29th and has moved up to the 23rd spot in the rankings now after the long weekend. ACN has moved up 3 spots over the last week and is up 7.77% over the last quarter and 24.28% so far YTD.
Charter Communications Inc (CHTR) has risen quickly in the SIA S&P 100 Idx Report over the last month to the 13th spot in the rankings after spending much of the last 2 years in the Unfavored zone where the stock went from $740 to around $300. CHTR moved into the Favored zone on August 15th and has risen 9 spots in the last week and 45 spots over the last month in the SIA S&P 100 Index Report.
BEI.UN.TO entered the Favored Zone of the SIA S&P/TSX Composite Index Report early this year on Jan 26, 2023, at a price of $54.64. The shares have held in the Favored zone throughout this time period and now are at $67.78 representing a 24% increase in a less than 8 months time. The shares currently occupy the #11 spot in the report.
The last time we commented on Thomson Reuters Corp (TRI.TO) was on July 4, 2022, when the shares just entered the Favored Zone of the S&P/TSX Composite Index report a few weeks prior at a price of $132.60. Today we see the shares have held onto the Favored Zone throughout this time period and now they are at $174.13 representing a 31% increase in a little over a year. The shares currently occupy the #40 spot in the TSX Comp Index report.
Today, we are going to talk about Linde PLC (LIN) which is the first time we have commented on this name. Linde PLC entered the Favored Zone in the SIA S&P 100 Index Report at a price of $332.08 on November 14, 2022, and has held the favored zone since then while also holding onto its positive SMAX. Now the shares are at $382.07 representing an 15.0% increase in just under 10 months time. The shares currently occupy the #11 spot in the S&P 100 Index.
The last time we commented on Stantec Inc. was in the February 24th edition of the Daily Stock Report. Today, we see the shares are still in the favored zone of the SIA TSX Composite Index Report at a price of $90.22. It first entered the favored zone back on July 25, 2022, at a price of $60.83. There were very brief periods where the shares resided in the top of the neutral zone but still held its positive SMAX. This 13-month time frame represents a 48% increase. The shares currently occupy the #9 spot in the TSX Comp Index, up 13 spots in the past quarter.
Today, we are going to talk about Mastercard (MA) which is the first time we have commented on this name. Mastercard entered the Favored Zone in the SIA S&P 100 Index Report at a price of $368.53 on April 25, 2023, and has held the favored zone since then while also holding onto its positive SMAX. Now the shares are at $397.67 representing an 7.9% increase in just 4 months time. The shares currently occupy the #19 spot in the S&P 100 Index, up 1 spot in the past quarter.
Oil producer Canadian Natural Resources (CNQ.TO) has climbed up to the 6th ranking in the SIA S&P/TSX 60 Index Report. CNQ.TO has moved up 5 spots in the last week, 12 spots in the last month, and 15 spots in the last quarter in the TSX 60 Report.
Today, we are going to look at the Boeing Company (BA) which we last commented on in the Dec 5, 2022 edition of the Daily Stock Report when it just entered the Favored Zone in the SIA S&P 100 Index Report at a price of $185.10. Now the shares are at $230.07 representing a 24% increase in just under 9 months time. This is another perfect example of why it is important to look for names in the favored zone. The shares currently occupy the #10 spot in the S&P 100 Index, up 6 spots in the last month and 4 spots in the last quarter.
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