A pedestrian is reflected in a Suncor Energy sign in Calgary in this file photo.The Canadian Press
StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries. Globe Unlimited subscribers get unlimited access to these reports from about 7,000 companies, which normally retail for $25 each.
Shares in Suncor Energy Inc. are bumping up close to 52-week highs as investors warm back up to the oil producer after it announced a dividend hike in February. This StockReports+ report provides encouragement that the rally has staying power.
StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. Suncor's score moved up to a three-year high of 10 out of 10 this week. That places it among a group of only 72 stocks tracked by StockReports+ that has the highest score. The recent change in the average score was primarily due to an improvement in the price momentum component score.
Read more in this comprehensive report.
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