Wednesday's Canadian Stock Highlights

The video discusses market movements, highlighting gains in energy and banking sectors offsetting losses in materials. Bonterra Energy's stock was upgraded by CIBC due to improved cash flow visibility, though debt reduction is needed. SNC Lavalin's stock rose after an upgrade by Canaccord Genuity, driven by positive investor sentiment post-election. WSP Global's stock was downgraded by Desjardins Securities due to limited upside potential.

What sectors experienced gains that offset losses in the material sector?

• Automotive and Manufacturing

• Technology and Healthcare

• Retail and Consumer Goods

• Banks and Energy Producers

What was the reason for CIBC's upgrade of Bonterra Energy's stock?

• Increased oil prices

• Reduction in operational costs

• Improved visibility on free cash flow

• Expansion into new markets

What financial strategy does Bonterra Energy need to employ to restore its premium multiple?

• Cut debt through new stock or M&A

• Expand into international markets

• Increase dividend payouts

• Invest in renewable energy

What event contributed to the improved investor sentiment towards SNC Lavalin?

• A breakthrough in technology

• Donald Trump's election win

• A new government contract

• A merger with a competitor

Why was WSP Global's stock downgraded by Desjardins Securities?

• Recent stock run-up with limited upside

• Leadership changes in the company

• High volatility in the market

• Poor quarterly earnings