RY 172.7 -0.1792% SHOP 152.38 -3.7762% TD 74.49 -0.4144% ENB 58.66 0.2906% BN 80.21 0.2124% TRI 235.76 -0.7034% CNQ 42.27 -1.3305% CP 102.81 -2.4851% CNR 145.02 -0.9426% BMO 139.15 0.5855% BNS 77.045 -0.149% CSU 4497.2998 0.6756% CM 92.23 -0.335% MFC 43.28 0.8858% ATD 79.0 -1.1882% NGT 53.35 -1.8038% TRP 65.26 0.215% SU 49.61 -1.411% WCN 251.65 -0.2181% L 191.14 0.1205%

Earnings Hunter Report

One Technology Stock to Consider at Current Levels

May 27, 2024

CMG:TSX
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)

Section 1: Company Overview and Key Earnings Matrices

Section 2: Earnings Hunter Score and Financial Dashboard

Section 3: Outlook

Section 4: Price Performance, Technical Summary, and Conclusion

Notes:

Note 1: Past performance is not a reliable indicator of future performance

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is May 24, 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decision should be made depending on an individual's appetite on upside potential, risks, holding duration, and any previous holdings. The ‘Earnings Hunter Score’ typically provides an indication on the stance of the stock based on certain earnings-related criteria and the company’s performance versus the historical average and peers’ median.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock. 

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the p rice surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock. 

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.


Disclaimer-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.