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Stock impact report

Two Canadian stocks among Morgan Stanley's top picks to benefit from AI [Globe and Mail, The (Toronto, Canada)]

Canadian Natural Resources Limited (CNQ) 
Last canadian natural resources limited earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: cnrl.com/investor-information
BMO chief investment strategist Brian Belski does not see the rally in U.S. stocks as sustainable, “With current price levels now slightly above our 2024 year-end S&P 500 target of 5,100, we have received numerous questions from clients recently on why we have chosen to stay put … we do not view the current pace of US stock market gains as sustainable over the coming months. In fact, as we look ahead to the remainder of the year, we expect price action to be quite volatile as we believe that investors are placing too much emphasis on the timing and magnitude of potential Fed rate cuts, with market expectations and Fed speak seemingly at odds at the current moment. Therefore, we believe it will be difficult for US stocks to finish the year at significantly higher-than-current levels … According to our analysis, a focus on growth-at-a-reasonable-price (GARP) may be a worthwhile fundamental stock-picking strategy, while a significant number of factors may also be appealing from a quan Show less Read more
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