{"id":34024,"date":"2019-01-09T19:16:24","date_gmt":"2019-01-09T19:16:24","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=34024"},"modified":"2019-01-09T19:16:24","modified_gmt":"2019-01-09T19:16:24","slug":"this-weeks-new-52-week-highs-jan-2-8","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/this-weeks-new-52-week-highs-jan-2-8\/","title":{"rendered":"This week\u2019s new 52-week highs\u2026 (Jan 2-8)"},"content":{"rendered":"

Canadian Markets have been trading up since the beginning of the year on optimism for a trade deal between the U.S. and China. Alimentation Couche-Tard<\/a> still makes the list as it kept going up even when markets were falling.<\/p>\n

Here are the stocks hitting their 52-week high….<\/p>\n

💹ETF<\/strong><\/p>\n

iShares DEX Short Term Bond (XSB-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"iShares\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tiShares DEX Short Term Bond (XSB-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about XSB-T: Capital preservation via fixed income. Likely that interest rates are coming down. BOC overnight lending rate is 2.75% right now and headed lower. Short-duration bonds are just going to yield less and less, and you can't enhance that yield without taking on more risk. More risk involves either extending bond duration or…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

iShares Cdn Univer. Maple ETF (XSH-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"iShares\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tiShares Cdn Univer. Maple ETF (XSH-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about XSH-T: In a rising rate environment, you might want to stick to a shorter term. XSH is a short-term, corporate, investment-grade ETF. Had drawdowns, but not as bad as a typical aggregate bond or high-yield ETF.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

⚡ Energy<\/strong><\/p>\n

Clearstream Energy Services (CSM-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Clearstream\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tClearstream Energy Services (CSM-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about CSM-T: (A Top Pick Nov 6\/14. Down 75%.) One of their key assets is an oil\/gas services business, so it has come under a lot of pressure. This is a high risk\/high reward situation. Still very much a binary outcome. It is either going to come under a lot of pressure with bankruptcy…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

🛢Basic Materials<\/strong><\/p>\n

Nevsun Resources (NSU-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Nevsun\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tNevsun Resources (NSU-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about NSU-T: (A Top Pick March 2\/17, Up 9%) Sold it, but then the stock got too cheap, so he bought it back. He was unhappy with their inability to solve metallurgical problems in Eritrea. The stock sold off because their Serbian deposit won't produce cash for a while. There were alleged human rights…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

Dundee Precious Metals Inc. (DPM-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Dundee\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tDundee Precious Metals Inc. (DPM-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about DPM-T: Dundee is nowhere as large as Barrick, Franco Nevada or Agnico Eagle, which comprise a third of the Canadian materials sector, but it has outperformed it so far in 2024. Dundee shares have rallied 8.5% in this time period while Barrick is down over 16%. Also, Dundee holds more potential upside. Consensus…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

Kirkland Lake Gold (KL-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Kirkland\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tKirkland Lake Gold (KL-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about KL-T: (A Top Pick Feb 25\/21, Up 15.3%)Stockchase Research Editor: Michael O\u2019Reilly With the recent completed acquisition by AEM now official, we now consider this position closed. When combined with the previous recommendation to cover half the position, this results in a net investment gain of 22%.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

SSR Mining (SSRM-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"SSR\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tSSR Mining (SSRM-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about SSRM-T: One of the most senior producers of silver. Silver is better than gold, as the bulk of silver production comes from copper mines. Silver just crossed $24, and there's lots of upside. SSRM has a $28 price target. He wants something that will benefit once inflation is realized.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

Wesdome Gold Mines Ltd. (WDO-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Wesdome\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tWesdome Gold Mines Ltd. (WDO-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about WDO-T: (A Top Pick Jul 24\/25, Down 6.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WDO has triggered its stop at $16.\u00a0 To remain disciplined, we recommend covering the position at this time.\u00a0 This will result in a net investment loss of 6%, when combined with our previous guidance.\u00a0 \u00a0<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

Melkior Resources Inc. (MKR-X)<\/a> TSXV
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Melkior\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tMelkior Resources Inc. (MKR-X) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about MKR-X: Quebec area. They have new management. New geophysics has been done. They realize there is a lot more going on in this area. He prefers other operating in the same area. He thinks there is nothing going on on the property MKR-X operates in.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

Oceanagold Corp (OGC-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Oceanagold\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tOceanagold Corp (OGC-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about OGC-T: It is an intermediate producer of gold and copper with four mines. Had a very big stock price jump recently with an earnings surprise of 18% and earnings revision of 19%. Free cash flow is a catalyst and he considers it an obvious buy. Earnings growth is very good along with a…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

🏛 Financials<\/strong><\/p>\n

Agellan Commercial REIT (ACR.UN-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Agellan\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tAgellan Commercial REIT (ACR.UN-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about ACR.UN-T: A portfolio of US properties. It also has some interesting properties around the DVP area in Toronto. The CEO is one of the few people that not only knows how to buy, but also how to sell. Thinks that at some point, he will sell the entire company if he can, or…<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

Summit Real Estate Investment (SMU.UN-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"SUMMIT\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tSUMMIT INDUSTRIAL INCOME REIT RCPTS (SMU.UN-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about SMU.UN-T: (A Top Pick Sep 28\/22, Up 45%) Got taken out. Traded at a 25% discount in a sector that was in high demand.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

🛍 Consumer<\/strong>
\nNorth West Company (NWC-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"North\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tNorth West Company (NWC-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about NWC-T: Relatively small, but business is relatively stable. Cut dividend a couple of years ago on lease issues, and investors punished it mercilessly. Now fixed, back on track. Won't get rich, but nice little income stock in a stable environment.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

Alimentation Couche-Tard (B) (ATD.B-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Alimentation\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tAlimentation Couche-Tard (B) (ATD.B-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about ATD.B-T: It is a growth by acquisition company and is disciplined about not over-paying. It ranks at an attractive level. The cost of fuel is a concern and where do they get their margins. Look elsewhere on an overall basis with consumer related stocks.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

💻 Technology<\/strong><\/p>\n

Cortex Business Solutions (CBX-X)<\/a> TSXV
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Cortex\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tCortex Business Solutions (CBX-X) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about CBX-X: It is a greener form of cement. They use a lighter form of concrete to be a base, instead of Styrofoam. The product is fairly new but well received so far. They will probably look at making acquisitions.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

👨‍⚕️ Healthcare<\/strong><\/p>\n

Medical Facilities Corp. (DR-T)<\/a> TSE
\n\"52<\/p>\n

\n\t\t\t
\n\t\t\t\t\n\t\t\t\t\t\"Medical\t\t\t\t<\/a>\n\t\t<\/div>\n\t\n\t
\n\t\t\n\t\t\tMedical Facilities Corp. (DR-T) \u2014 Stockchase\t\t<\/a>\n\t<\/div>\n\t
\n\t\t\n\t\t\t

Opinion about DR-T: Has pulled back a lot. It holds US medical property. It has suffered inflationary pressures, but will diminish in 2023 and the stock will recover. Don't sell it in the current Dutch auction.<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"stockchase.com\"\t\tstockchase.com\t<\/div>\n<\/div>\n

Use this list wisely to identify buying opportunities.
\nHappy trading !!!<\/p>\n","protected":false},"excerpt":{"rendered":"

Canadian Markets have been trading up since the beginning of the year on optimism for a trade deal between the U.S. and China. Alimentation Couche-Tard still makes the list as it kept going up even when markets were falling. Here […]<\/p>\n","protected":false},"author":9,"featured_media":22892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[36],"tags":[],"class_list":["post-34024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending-stocks"],"wppr_data":[],"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/34024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=34024"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/34024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/22892"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=34024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=34024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=34024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}