Best Canadian Stocks Worth Watching - September 2nd

Key Points

• The three Canadian stocks to watch are Celsius, CSX, and Cenovus Energy, based on high trading volumes and overall market interest.
• Celsius specializes in functional energy drinks and is showing potential for recovery after a recent 30% drop, attracting bullish analyst sentiment.
• CSX Corporation provides rail-based freight transportation services and has recently gained attention as short sellers have given up on its stock, indicating a shift in market sentiment.

Celsius, CSX, and Cenovus Energy are the three Canadian stocks to watch today, according to MarketBeat's stock screener tool. Canadian stocks are equity shares of companies incorporated or operating in Canada and listed on Canadian exchanges such as the Toronto Stock Exchange (TSX). By purchasing these shares, investors gain proportional ownership in the issuing firms, entitling them to dividends and potential capital gains. Their performance reflects both the health of Canada’s economy—particularly its resource and financial sectors—and fluctuations in the Canadian dollar. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

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.

Read Our Latest Research Report on CELH

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.

Read Our Latest Research Report on CSX

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.

Read Our Latest Research Report on CVE

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