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Stock impact report

Market Outlook: Why investors are cautious despite a strong TSX surge [BNN Bloomberg (Canada)]

TransAlta Corporation Ordinary Shares (TAC) 
Last transalta corporation ordinary shares earnings: 3/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: transalta.com/investors
Company Research Source: BNN Bloomberg
Still, concerns about stretched valuations are keeping some investors cautious heading into 2026. BNN Bloomberg spoke with Jerome Hass, partner at Lightwater Partners, who says opportunities remain in under-followed Canadian mid-cap stocks, even as he maintains a guarded stance on the broader market. Key Takeaways The TSX's 26.6 per cent year-to-date gain contrasts with increasingly stretched valuations across banks, U.S. tech and gold. Stretched pricing in major sectors has left few obvious places to allocate capital heading into 2026. Canadian mid-cap stocks continue to offer overlooked opportunities due to limited institutional participation. Cineplex could see a strategic sale before its CEO retires in 2026, creating a near-term catalyst for the stock. DRI Healthcare Trust and Fairfax Financial stand out for attractive valuations and potential catalysts, including index inclusion for Fairfax. Read the full transcript below: ANDREW: Let's welcome one of our favour Show less Read more
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