Canadian Stocks To Buy 2017 -
In 2017, the posted a modest gain of 6.03% , significantly underperforming major U.S. indices like the S&P 500, which rose nearly 20%. The year was characterized by extreme growth in niche sectors like cannabis and fintech, while the heavyweight energy sector dragged down overall market performance. Top Growth Performers of 2017
: Indigo Books & Music (IDG) delivered an impressive 53% total return, defying the digital retail trend. canadian stocks to buy 2017
: The top TSX gainer, up 365.9% , driven by positive clinical data for its cancer treatment products. In 2017, the posted a modest gain of 6
: Gained 226.9% as it aggressively expanded facilities ahead of Canada's 2018 recreational legalization. Blue-Chip and Sector Highlights Top Growth Performers of 2017 : Indigo Books
: The index remained heavily reliant on financials and energy, making it vulnerable to commodity price swings and domestic economic shifts.
Analysts at the time identified several risks that tempered the Canadian market's 2017 performance:
: One of the few traditional sectors to gain share in the index, adding about a full percentage point of weight as investors sought defensive positioning. Investment Sentiment and Risks