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Chart of the Day – TransAlta Renewables
Shares of companies in the renewable energy space have been under pressure lately as they are expected to be negatively impacted by rising interest rates. We believe that the share price declines have been overdone, and that long-term recovery prospects are attractive. We highlight TransAlta Renewables (TSX: RNW) in this report. [more]
S&P 500 Index Continues Trending To All-Time Highs
The S&P 500 Index continues to reach all-time highs. Given this, investors are advised to heed the maxim: the “trend is your friend”. From a seasonality standpoint, the market is in its typical bullish time-frame and there is always the possibility of a “Santa Claus” rally and year-end advance. [more]
Chart of the Day – Canadian Utilities Limited
Canadian Utilities has an attractive dividend yield and also some appreciation potential from current levels. [more]