TSX 60 index forecast and some stocks look good - stock trading strategies
Will the Canadian stock market rise?
In my opinion, YES, they will rise much higher than people can imagine. TSX 60 index will go up to 2500 in the long term. The first resistance will be 1200 level, the second resistance will be 1800 level. It would be better to look for opportunities to buy when they drop down.
[TSX 60 Index monthly chart]
Below are some stocks look good.
TSX: GIB.A CGI Inc
TSX: SHOP Shopify Inc
TSX: CSU Constellation Software Inc
TSX: BAM.A Brookfield Asset Management Inc
TSX: SLF Sun Life Financial Inc
TSX: EMA Emera Inc
TSX: FTS Fortis Inc
TSX: BIP.UN Brookfield Infrastructure Partners L.P.
TSX: CNR CN, Canadian National Railway
TSX: CP Canadian Pacific Railway
TSX: PPL Pembina Pipeline Corp
TSX: WPM Wheaton Precious Metals Corp
TSX: FNV Franco-Nevada Corp
TSX: ABX Barrick Gold Corporation
TSX: AEM Agnico Eagle Mines Ltd
TSX: L Loblaw Companies Ltd
TSX: MRU Metro Inc
TSX: WCN Waste Connections
TSX: BCE BCE Inc.(Bell Canada)
There are so many items in the stock markets. It is important to choose one or two leading-companies from each industry.
In my opinion, YES, they will rise much higher than people can imagine. TSX 60 index will go up to 2500 in the long term. The first resistance will be 1200 level, the second resistance will be 1800 level. It would be better to look for opportunities to buy when they drop down.
[TSX 60 Index monthly chart]
Below are some stocks look good.
TSX: GIB.A CGI Inc
TSX: SHOP Shopify Inc
TSX: CSU Constellation Software Inc
TSX: BAM.A Brookfield Asset Management Inc
TSX: SLF Sun Life Financial Inc
TSX: EMA Emera Inc
TSX: FTS Fortis Inc
TSX: BIP.UN Brookfield Infrastructure Partners L.P.
TSX: CNR CN, Canadian National Railway
TSX: CP Canadian Pacific Railway
TSX: PPL Pembina Pipeline Corp
TSX: WPM Wheaton Precious Metals Corp
TSX: FNV Franco-Nevada Corp
TSX: ABX Barrick Gold Corporation
TSX: AEM Agnico Eagle Mines Ltd
TSX: L Loblaw Companies Ltd
TSX: MRU Metro Inc
TSX: WCN Waste Connections
TSX: BCE BCE Inc.(Bell Canada)
There are so many items in the stock markets. It is important to choose one or two leading-companies from each industry.