Category: Daily Stock Report

Copart (CPRT), an online auction house for vehicles, has been steadily climbing up the rankings in the SIA NASDAQ 100 Index Report, starting in the red zone and recently returning to the Green Favored Zone for the first time since August.

Manufacturer Eaton Corp (ETN) has been steadily climbing up the rankings in the SIA S&P 500 Index Report since last April. It returned to the Green Favored Zone in July and since then, the shares are up 17.5%.

Quanta Services (PWR), a provider of construction and infrastructure services to the electric power and other industries has consistently been in the Green Favored Zone of the SIA S&P 500 Index Report for nearly a year, returning 42.0% over that time.

Engineering company Stantec (STN.TO) jumped 9.3% yesterday in response to a positive earnings report. Since July, when Stantec completed a move up to the Green Favored Zone from the Red Zone in the SIA S&P/TSX Composite Index Report, the shares are up 16.7%. Yesterday, Stantec finished in 27th place, up 11 positions on the day.

After relatively struggling from November through most of January, cybersecurity provider Palo Alto Networks (PANW) has soared up the rankings in the SIA NASDAQ 100 Index Report in recent weeks. Boosted by a positive earnings report, the shares popped 12.5% and climbed 35 spots in the rankings, driving up through the entire yellow zone, and returning to the Green Favored Zone for the first time since November.

Shopify’s (SHOP.TO) relative strength has been quite volatile over time, particularly since last summer with the shares making several short round trips between the red zone and the green zone of the SIA S&P/TSX 60 Index Report. Even since the start of this year, SHOP.TO has shot up from the red zone to the top of the green zone, only to backslide toward the bottom of the Yellow Neutral Zone. Yesterday, SHOP.TO dropped 18 spots to 29th place but even with that decline, it is still up 15 positions over the last month. Shopify’s (SHOP.TO) relative strength has been quite volatile over time, particularly since last summer with the shares making several short round trips between the red zone and the green zone of the SIA S&P/TSX 60 Index Report. Even since the start of this year, SHOP.TO has shot up from the red zone to the top of the green zone, only to backslide toward the bottom of the Yellow Neutral Zone. Yesterday, SHOP.TO dropped 18 spots to 29th place but even with that decline, it is still up 15 positions over the last month.

Bausch Health (BHC.TO) has rocketed up the relative strength rankings in the SIA S&P/TSX Composite Index Report since the beginning of this year from deep in the red zone toward the top of the Green Favored Zone. On Friday, BHC.TO finished in 6th place, up 17 spots on the day and up 85 positions in the last month.

Insurance giant Manulife Financial (MFC.TO) spent most of the last two years bouncing around between the red and yellow zones of the SIA S&P/TSX Composite Index Report. It started to steadily climb back up the rankings again in October and yesterday it returned to the Green Favored Zone for the first time since May of 2021. After moving up 9 positions yesterday MFC.TO is currently sitting in 53rd place, up 34 spots in the last month.

After rallying 13.3% yesterday on the back of a positive earnings report, AirBNB (ABNB) has returned to the Green Favored Zone of the SIA NASDAQ 100 Index Report.

GlobalFoundries (GFS), a provider of contract design and manufacturing services to the semiconductor industry, has been active in the SIA NASDAQ 100 Index Report lately. Since joining the index in December, GFS has done a round trip from the Green Favored Zone to the red zone and back again.