Canadian Stocks To Keep An Eye On - August 31st

Key Points

• Five Canadian stocks to watch include Celsius, CSX, Cenovus Energy, Toronto Dominion Bank, and Canadian Natural Resources, based on their recent high trading volumes.
• Celsius Holdings is notable for its functional energy drinks and has seen analysts remain bullish despite a recent 30% stock drop.
• CSX Corporation provides extensive rail-based freight services across multiple sectors, including the transportation of chemicals, agricultural products, and minerals.

Celsius, CSX, Cenovus Energy, Toronto Dominion Bank, and Canadian Natural Resources are the five Canadian stocks to watch today, according to MarketBeat's stock screener tool. Canadian stocks are shares of ownership in companies that are incorporated and publicly traded on Canadian stock exchanges, such as the Toronto Stock Exchange (TSX) or the TSX Venture Exchange. By purchasing these shares, investors gain a proportional claim on the company’s assets and earnings, and can benefit from dividends and potential capital appreciation. Canadian stocks span various sectors—including energy, financial services, mining, and technology—and reflect the economic landscape of Canada. 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

Toronto Dominion Bank (TD)

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.

Read Our Latest Research Report on TD

Canadian Natural Resources (CNQ)

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO).

Read Our Latest Research Report on CNQ

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