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Zzyh Attention: This Stock Has Soared 24% in Just 2 Weeks!
Stocks ended their four-session-long bull run on Thursday, as the SP/TSX Composite Index fell sharply by 1.3%, or 268 points, to close at 21,094. With this, the index trimmed its week-to-date gains to 1.7% and entered negative territory again on a year-to-date basis. All key sectors on the benchmark showcased weakness yesterday, while technology, healthcare, industrials, and consumer cyclicals led the selloff.Why TSX stocks fellDespite slightly better-th stanley tumbler an-expected weekly U.S. jobless claims and manufacturing data, much worse-than-expected non-farm employment data for January continued to hurt invest stanley uk ors sentiments. Also, disappointing tech earnings from the U.S. market triggered a selling spree in tech stocks across North America.Top TSX movers and active stocksTelus Internatio stanley cup nal, Shopify, Aurora Cannabis, Cronos Group, and Canopy Growth were the worst-performing stocks on the main Canadian market index, as they dived by more than 6% each in the last session.No TSX Composite com Pfly Dollarama Inc. Down 6% From All-Time High: Time to Buy
Tim Hortons Inc聽 TSX: THI NYSE: THI is scheduled to report its quarterly earnings on Wednesday. While the company remains the No. 1 coffee and doughnut chain in Canada, investors are worried that its聽business concept is going stale. Let stanley trinkflaschen 8217 take a peek at what has been happening at the company over the past few months and what we ;re likely to see in the upcoming report.Stats on Tim HortonsAnalysts ; EPS Estimate$0.87Year-Ag stanley cup o EPS$0.81Revenue Estimate$843.77MChange From Year-Ago Revenue5.5%Earnings Beats in Past Four Quarters2Source: Yahoo! Fin stanley taza anceCan Tim Hortons continue to grow Analysts have been steadfast in their views on the company 聽earnings in recent months, only raising their consensus profit estimate for the upcoming quarter by a penny. The stock has been trading flat in lock-step, up only 2% since late May.It was around that time that Tim Hortons celebrated its 50th anniversary. On May 17, 1964, the original Tim Hortons restaurant opened its doors |
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