Category: Daily Stock Report

Oracle Corp. (ORCL) has consistently been in the Green Favored Zone of the SIA S&P 100 Index Report since December and is currently in 5th place after moving up 2 spots yesterday. ORCL is up 43.4% Year To Date and up 8.9% since we last mentioned it in the March 28 edition of the Daily Stock Report.
* Oracle Corp is held in some portfolios managed by SIA Wealth Management

We last looked at Constellation Software Inc (CSU.TO) back on the February 3rd, 2023 edition of the Daily Stock Report. Today we see the shares have remained very strong since the shares entered the Favored zone on Feb 1st a few days prior to our last commentary of the shares. With the price as of yesterday’s close at $2630.12 and a price of $2373.06 since entering the favored zone we have seen a price appreciation of almost 11%. Currently the shares occupy the #4 spot in the SIA S&P/TSX 60 index, up 1 spot in the last quarter.

Martin Marietta Materials (MLM) is a producer of construction materials such as aggregates and asphalt. After spending nearly all of 2022 and most of this year to date stuck in the yellow zone of the SIA S&P 500 Index Report, MLM has climbed 155 positions in the last month to 77th place, recently returning to the Green Favored Zone for the first time since January of 2022.

Since we last mentioned Apple (AAPL) in the March 21st issue of the Daily Stock Report, it has remained in the Green Favored Zone of the SIA S&P 100 Index Report and has returned 10.4%. Currently it is sitting in 13th position.

After spending most of a year drifting downward in the relative strength rankings of the SIA S&P 500 Index Report, Google parent Alphabet (GOOG), has been climbing back up the rankings since January.

Cruise line operator Carnival Corp. (CCL) has been rising a roller coaster within the SIA S&P 500 Index Report this year. Since January, CCL has climbed from the bottom of the red zone to the top of the Green Favored Zone, dipped back down into the red zone and popped back up recently, returning to the Green Favored Zone for the first time since March.

For the third time since the beginning of December, Royal Caribbean Cruises (RCL) has climbed up to top spot in the SIA S&P 500 Index Report. RCL has consistently been in the Green Favored Zone since January and has returned 28.3% over that period.

Shopify Inc.* (SHOP.TO) has climbed up to top spot in both the SIA S&P/TSX 60 Index Report and the SIA S&P/TSX Composite Index Report as a result of the enthusiastic response from investors to last week’s earnings reports. SHOP.TO returned to the Green Favored Zone in the SIA S&P/TSX 60 Index Report back in March.

American gas and electric utility provider The Southern Company (SO) shares entered the green favored zone at the end of April. It was in the Favored zone last October, but has seen a rechallenge of its previous levels moving up in relative strength and performance recently. It has moved up 21 spots in the SIA S&P 100 Index Report over the last month and 3 spots yesterday to be in the 23rd ranking currently.

In today’s edition of the Daily Stock report, we are going to take a look at Mullen Group Ltd which we have not highlighted since all the way back in April of 2021. Mullen Group Ltd. has risen in the SIA TSX Composite Report Index Report moving up 9 spots in the last month and 79 spots in the last quarter. The shares recently re-entered the Favored Zone of the report a few days ago and currently occupies the 53rd spot in the TSX Composite Index.