News Snapshot:
On today’s TSX Breakouts report, there are just two stocks on the positive breakouts list (stocks with positive price momentum), and 138 stocks are on the negative breakouts list (stocks with negative price momentum). Discussed today is a stock that surfaced on the negative breakouts list – Keyera Corp. (KEY-T). Keyera has an attractive dividend yield of 7 per cent. Given the conservative payout ratio, the monthly dividend appears sustainable with room for a potential dividend increase in 2023. The share price is under pressure along with the weakness in the overall markets. As a result, this is a stock...
