Category: Daily Stock Report

After underperforming its peers in late 2022, discount retailer Costco Wholesale (COST) has been climbing back up the rankings in the SIA S&P 100 Index Report since January starting in the red zone. On Friday, COST returned to the Green Favored Zone for the first time since November, finishing in 26th place, up 12 spots in the last month.

Shopping mall owner Simon Property Group (SPG) has been climbing back up the rankings in the SIA S&P 100 Index Report for a month now, exiting the red zone and recently returning to the Green Favored Zone for the first time since March. Simon is currently in 25th position, up 29 spots in the last month.

Benefitting from a resurgence in travel this summer which has also been seen by Airlines, Casino, Hotel and Resort operator Caesars Entertainment (CZR) has been climbing back up the ranks of the SIA S&P 500 Index Report lately. Over the last month, CZR has jumped 137 positions, including an upward move of 22 spots yesterday to 71st place, exiting the red zone and returning to the Green Favored Zone for the first time since March.

Slowly but steadily FirstService (FSV.TO) shares have been working their back up the rankings in the SIA S&P/TSX 60 Index Report. FSV.TO exited the red zone in March and has climbed toward the top of the Yellow Neutral Zone with a gain of 9 positions in the last month. Currently in 17th place, FirstService is two spots away from a return to the green zone where it hasn’t been since January of 2022.

Boosted by a positive response to its recent earnings beat, JPMorgan Chase (JPM) has climbed up out of the yellow zone (which was as far as it fell in the winter banking crisis) and back into the Green Favored Zone of the SIA S&P 100 Index Report for the first time since March. Yesterday it moved up 7 positions to 24th place and it is up 10 spots in the last month.

In today’s edition of the Daily Stock Report, we are going to feature Power Corp (POW.TO). This is the first time we have looked at Power Corp in almost two years. Power Corp has shown consistent strength over the last little while moving up 2 spots in the last month and 10 spots in the last quarter in SIA’s TSX 60 Index Report. Currently the shares sit in the Favored Zone in the SIA TSX 60 Index in the #13 spot of the report.

Benefitting from renewed interest in travel/leisure stocks, casino and hotel operator MGM Resorts has returned to the Green Favored Zone of the SIA S&P 500 Index Report from a short dip into the yellow zone. Yesterday, MGM finished in 113th place, up 15 spots on the day.

Oilfield service provider Schlumberger (SLB) has soared back up the rankings this month, exiting the red zone and returning to the Green Favored Zone for the first time since March. After climbing another 13 spots yesterday and rising 230 positions in the last month, SLB finished yesterday in 108th place.

After spending most of the last year stuck in the yellow zone of the SIA S&P 100 Index Report, home improvement retailer Lowes Companies (LOW) has returned to the Green Favored Zone. Continuing an ascent up the rankings which started back in May, Lowes finished in 26th place, up 4 spots in the last day.

Tourmaline Oil (TOU.TO) has been working its way back up the rankings in the SIA S&P/TSX Composite Index Report since March. It exited the red zone in late May and yesterday it returned to the Green Favored Zone for the first time since January. Yesterday, TOU.TO finished in 52nd place, up 4 spots on the day and up 51 positions in the last month.