We have rebalanced the Nasdaq Inovestor Canadian Index based on our Stockpointer® Canada model portfolio. These trades are effective as of Friday, July 21 after market close.
Here are the details of the trades:
In:
1. Restaurant Brands International Inc (QSR) – Market Trend. Increase in the Consumer Discretionary sector as shown by the Top 100 index, therefore, increasing our position in the portfolio.
Out:
1. Nutrien Ltd (NTR) – Market trend transaction. Decrease in the Material sector. The company has the lowest SP score in its sector.