{
David Rosenberg

People

}

canadian stock market rally may outlast us equities surge

The rally in Canadian stocks this year is poised to outlast the surge in US equities, prompting American investors to consider shifting their focus to Toronto. David Rosenberg, founder of Rosenberg Research, highlights Canada's favorable long-term stock market momentum as a compelling reason for this strategic move.
bloomberg.com
Toronto Stock Exchange CAN David Rosenberg
Finance & Economy, Market Report
15:02 29.10.2024

textron faces stock pressure amid wage inflation and aviation cycle concerns

Textron's stock faces pressure as UBS lowers its price target to $79, maintaining a Sell rating after the company missed third-quarter earnings and revised its EPS and free cash flow forecasts downward due to a recent strike. While Bell's performance improved, the Industrial sector is projected to decline, and concerns over wage inflation and aviation cycle risks persist. Despite challenges, Textron anticipates a revenue rebound in 2025, although analysts remain skeptical about its stock performance amid these headwinds.
Investing.com
Textron Inc. USA Frank Connor David Rosenberg
TradFi, Market Report
12:38 25.10.2024
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