Previous close | 3,150.44 |
Open | 3,179.72 |
Bid | 3,156.81 x 800 |
Ask | 3,181.09 x 1000 |
Day's range | 3,155.00 - 3,199.00 |
52-week range | 1,922.30 - 3,423.95 |
Volume | |
Avg. volume | 2,531 |
Market cap | 67.26B |
Beta (5Y monthly) | 0.81 |
PE ratio (TTM) | 103.34 |
EPS (TTM) | 30.53 |
Earnings date | 31 Oct 2024 - 04 Nov 2024 |
Forward dividend & yield | 4.00 (0.13%) |
Ex-dividend date | 20 Sept 2024 |
1y target est | N/A |
TORONTO, October 09, 2024--Please replace the release dated October 8, 2024 with the following corrected version due to multiple revisions.
The Canadian market has been experiencing a positive trend, with the TSX reaching all-time highs, buoyed by optimism surrounding central bank policies and strong corporate earnings. In this environment of economic expansion and rising valuations, high-growth tech stocks in Canada present intriguing opportunities for investors seeking to capitalize on innovation and technological advancements.
In the wake of the Fed's recent 0.5% rate cut, which marked a significant shift in monetary policy and boosted market sentiment, Canadian tech stocks have been gaining traction as investors seek high-growth opportunities amid lower borrowing costs. With this backdrop, identifying promising tech stocks becomes crucial for capitalizing on potential market gains; here are three high-growth Canadian tech stocks to watch in September 2024.