Canadian Stocks To Watch Now - March 9th

Today, investors are keeping an eye on three notable Canadian stocks: CSX Corporation, Visionary Holdings Inc., and Canadian National Railway Company, as highlighted by MarketBeat's stock screener tool. Canadian stocks represent equity securities from companies based in Canada, giving investors ownership stakes in these firms. These stocks are generally traded on Canadian exchanges such as the Toronto Stock Exchange (TSX) and can provide returns through price appreciation and dividends, influenced by both the national economy and global market factors.

CSX Corporation (CSX)

CSX Corporation, along with its subsidiaries, specializes in rail-based freight transportation services. The firm provides various rail services, including the transportation of intermodal containers and trailers, rail-to-truck transfers, and bulk commodity operations. CSX is involved in moving a wide range of goods, including chemicals, agricultural and food products, automotive items, and more, serving various industries.

On Friday, CSX shares were trading at $31.26, up by $0.33. During the trading session, about 19.42 million shares changed hands, higher than the average of 11.63 million. With a market capitalization of approximately $59.23 billion, CSX's P/E ratio stands at 17.46, and it has a beta of 1.25. The stock has a 52-week low of $30.55 and a high of $38.35.

Visionary Holdings Inc. (GV)

Visionary Holdings Inc. offers a range of educational programs, both online and in-person, to students in Canada and worldwide. Their education services encompass Ontario secondary school diplomas, career-focused college and university programs, and vocational training.

On the same day, Visionary's stock rose to $6.05, a gain of $1.16. The trading volume reached 71.61 million shares, significantly surpassing its average of 9.13 million. Visionary's stock has seen a 52-week range of $1.00 to $9.60, with its 50-day moving average sitting at $2.04 and its 200-day at $1.90.

Canadian National Railway Company (CNI)

Canadian National Railway Company, along with its subsidiaries, is engaged in rail and intermodal transportation, trucking, and logistics services across Canada and the USA. They provide various services, including temperature-controlled intermodal shipping and custom brokerage.

CNI's stock was down to $101.12, losing $0.82 during the trading session. Approximately 4.14 million shares were traded, compared to an average of 1.46 million. The company has a market cap of $63.53 billion, with a P/E ratio of 19.75 and a beta of 0.91. Its shares have fluctuated between a low of $96.28 and a high of $134.02 over the past year.

This overview of Canadian stocks highlights key opportunities in the market worth watching. Investors should consider their financial goals and the overall market climate when making any investment decisions.

stocks, Canadian, market