Shares of Whitecap Resources Inc. (TSE:WCP – Get Free Report) have been given a consensus rating of “Buy” by the ten research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy […]
As we approach May 2024, the Canadian market continues to navigate through a landscape shaped by fluctuating economic trends and evolving market conditions. In this context, dividend stocks remain a focal point for investors seeking stable returns amidst uncertainty. A good dividend stock not only offers regular income but also the potential for capital appreciation, making it an appealing option in the current economic environment.
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The Canadian market is up firmly in positive territory Monday afternoon with stocks from several sectors posting strong gains thanks to sustained buying support amid rising hopes of interest rate cuts by several central banks, including the Fed, European Central Bank and the Bank of Canada.