17:07:12 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 76,272,082
Close 2017-01-04 C$ 47.95
Market Cap C$ 3,657,246,332
Recent Sedar Documents

Globe says outlook bright for Condor Petroleum, others

2017-01-05 08:18 ET - In the News

See In the News (C-CPI) Condor Petroleum Inc (2)

The Globe and Mail attempts to identify Canadian momentum stocks that are on the rise in its Thursday, Jan. 5, edition. The Globe's Ian Tam writes in the Number Cruncher column that in 2016, one of the best-performing Morningstar CPMS model portfolios was the Canadian Momentum strategy. Most of the returns in 2016 were driven by rallies in the materials and energy sectors, which often produce momentum-driven equity markets. The CPMS Canadian Momentum model ranks stocks on positive three-month estimate revisions (today's consensus estimate for earnings per share [EPS], versus what it was three months ago), positive earnings surprise (latest reported EPS versus the consensus estimate just prior to the company report), upbeat quarterly earnings momentum (latest four quarters of reported EPS versus the same figure one quarter ago) and positive three-month and six-month price changes. To qualify, stocks needed to have an average monthly trading volume greater than $1-million. Mr. Tam's recommended picks are Condor Petroleum, Athabasca Oil, Colabor Group and West Fraser Timber.

© 2024 Canjex Publishing Ltd. All rights reserved.