MSFT 415.85 -0.4643% AAPL 228.66 0.1665% NVDA 145.315 -1.153% GOOGL 175.65 -1.3867% GOOG 177.07 -1.3977% AMZN 202.88 -0.8455% META 564.135 0.5427% AVGO 162.61 -1.6571% TSLA 342.2799 -1.0752% TSM 186.825 -1.5% LLY 754.385 3.3786% V 307.39 -1.4302% JPM 240.935 -0.8865% UNH 601.41 4.2305% NVO 105.52 2.8159% WMT 87.12 0.6005% LVMUY 121.8 -0.5471% XOM 119.97 1.1296% LVMHF 607.0 -0.9465% MA 512.64 -1.3129%

Stocks under $1 Report

US and Canadian markets settled this week on a positive note, Two stocks to consider - NILI, AREC

Sep 27, 2024

NILI:TSX-V
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)
AREC:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Company Overview: Surge Battery Metals Inc. (TSXV: NILI) is indeed positioned strategically within the clean energy sector, targeting essential battery metals like lithium, nickel, and cobalt. As demand for electric vehicles continues to surge, companies like Surge play a critical role in ensuring a sustainable supply of these resources. American Resources Corporation (NASDAQ: AREC) is strategically positioned in the new infrastructure market by supplying vital raw materials. Their focus on metallurgical carbon is particularly important for steelmaking, which remains a cornerstone of construction and manufacturing. The Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.

Global Markets Wrap-Up

On September 26, 2024, the S&P 500 index settled at 5745.37 with a week till date gain of 0.47%; moreover, the tech-heavy NASDAQ composite advanced by ~1.35% on a WTD basis and settled at 18190.29. While, the Russell 2000 settled at 2209.87, reflecting a loss of ~0.81% on a WTD basis.

Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a positive note and continued the momentum. On September 26, 2024, the index closed at 594.33 with an overall week-to-date (WTD) gain of 1.61%. Industrials, Financials, basic materials, and healthcare were the leading sectors, while consumer cyclicals, consumer non-cyclicals, technology, energy, and real estate were the laggards on Thursday.

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