Best Canadian Stocks To Follow Today - July 29th

Key Points

• The article highlights seven Canadian stocks to watch, including **CSX**, **Bank of Montreal**, and **Celsius**, which have shown significant trading volumes recently.
• CSX Corporation has a market cap of **$65.68 billion** with a price-to-earnings ratio of **21.73**, while Bank of Montreal's market cap is **$81.23 billion** with a P/E ratio of **14.67**.
• Celsius Holdings, Inc. reached a trading price of **$47.81**, reflecting a significant rise from its 1-year low of **$21.10**, showing strong growth potential in the energy drink market.

CSX, Bank Of Montreal, Canadian Pacific Kansas City, Celsius, Cenovus Energy, Canadian National Railway, and Diageo are the seven Canadian stocks to watch today, according to MarketBeat's stock screener tool. Canadian stocks are equity securities representing ownership shares in companies incorporated in Canada and primarily listed on Canadian exchanges such as the Toronto Stock Exchange (TSX) or TSX Venture Exchange. They give investors a stake in Canada’s economy—particularly in key sectors like energy, financial services and natural resources—and are typically quoted in Canadian dollars. Trading Canadian stocks also subjects investors to Canada’s regulatory framework, taxation rules and currency considerations. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

CSX (CSX)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.

Shares of NASDAQ:CSX traded down $0.48 during trading on Tuesday, reaching $35.23. 22,727,395 shares of the stock were exchanged, compared to its average volume of 15,881,592. CSX has a 1-year low of $26.22 and a 1-year high of $37.10. The stock has a fifty day moving average of $32.78 and a two-hundred day moving average of $31.28. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a market cap of $65.68 billion, a price-to-earnings ratio of 21.73, a price-to-earnings-growth ratio of 3.16 and a beta of 1.23.

Read Our Latest Research Report on CSX

Bank Of Montreal (BMO)

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products.

BMO traded down $0.26 during trading on Tuesday, hitting $113.08. 2,498,098 shares of the company's stock were exchanged, compared to its average volume of 678,656. Bank Of Montreal has a fifty-two week low of $76.98 and a fifty-two week high of $115.66. The stock has a market cap of $81.23 billion, a P/E ratio of 14.67, a PEG ratio of 1.26 and a beta of 1.07. The business's 50 day moving average is $109.44 and its two-hundred day moving average is $101.78. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.12.

Read Our Latest Research Report on BMO

Canadian Pacific Kansas City (CP)

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.

Shares of NYSE:CP traded up $0.20 during midday trading on Tuesday, hitting $76.10. 1,612,339 shares of the company's stock were exchanged, compared to its average volume of 3,188,184. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.81 and a quick ratio of 0.70. Canadian Pacific Kansas City has a 12 month low of $66.49 and a 12 month high of $87.72. The company has a market cap of $69.86 billion, a PE ratio of 25.70, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The stock has a 50 day moving average price of $80.24 and a 200-day moving average price of $76.95.

Read Our Latest Research Report on CP

Celsius (CELH)

Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.

Shares of Celsius stock traded up $0.85 on Tuesday, hitting $47.81. The company had a trading volume of 2,537,529 shares, compared to its average volume of 8,217,109. Celsius has a 1 year low of $21.10 and a 1 year high of $48.47. The stock has a 50 day moving average of $42.75 and a 200-day moving average of $34.97. The stock has a market capitalization of $12.32 billion, a price-to-earnings ratio of 149.42, a P/E/G ratio of 1.65 and a beta of 1.45.

Read Our Latest Research Report on CELH

Cenovus Energy (CVE)

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments.

NYSE CVE traded up $0.03 on Tuesday, reaching $15.05. The company had a trading volume of 6,294,710 shares, compared to its average volume of 11,769,994. The company has a quick ratio of 0.84, a current ratio of 1.46 and a debt-to-equity ratio of 0.25. The company's fifty day moving average is $14.02 and its 200 day moving average is $13.68. Cenovus Energy has a 52-week low of $10.23 and a 52-week high of $20.40. The stock has a market capitalization of $27.17 billion, a P/E ratio of 14.06 and a beta of 0.93.

Read Our Latest Research Report on CVE

Canadian National Railway (CNI)

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.

Shares of NYSE CNI traded down $0.22 during trading on Tuesday, hitting $94.79. The stock had a trading volume of 892,107 shares, compared to its average volume of 1,472,062. The firm has a fifty day moving average of $103.47 and a two-hundred day moving average of $101.44. The company has a market capitalization of $59.39 billion, a PE ratio of 18.22, a PEG ratio of 2.13 and a beta of 0.97. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.58. Canadian National Railway has a 12 month low of $91.65 and a 12 month high of $121.12.

Read Our Latest Research Report on CNI

Diageo (DEO)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.

Diageo stock traded down $0.13 during midday trading on Tuesday, hitting $104.06. 773,583 shares of the stock were exchanged, compared to its average volume of 1,059,140. Diageo has a 52-week low of $99.26 and a 52-week high of $142.73. The company has a quick ratio of 0.67, a current ratio of 1.60 and a debt-to-equity ratio of 1.62. The business's 50-day moving average price is $105.22 and its 200-day moving average price is $109.13. The stock has a market capitalization of $57.89 billion, a price-to-earnings ratio of 15.20 and a beta of 0.56.

Read Our Latest Research Report on DEO

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