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Stock impact report

Buy the Dip, Eh? 3 Canadian Stocks to Scoop Up During This Correction [Yahoo! Finance Canada]

Canopy Growth Corporation - Common Shares (CGC) 
In the world of investing, market corrections can feel like turbulent times. However, for those with a keen eye, these periods offer opportunities to acquire quality stocks at more attractive prices. Let's explore three Canadian stocks that have experienced recent dips and may present compelling investment prospects. Magellan Magellan Aerospace TSX:MAL ) specializes in aerospace systems and components. The Canadian stock has a rich history of contributing to both commercial and defence aviation sectors. In its recent financial disclosures, Magellan reported full-year 2024 revenues of approximately $942.4 million, marking a 7.1% increase from the previous year. Net income saw a significant rise to $35.5 million, up from $9.3 million in 2023. This improvement suggests enhanced operational efficiency and a robust demand for its products. Despite these positive figures, Magellan's stock has faced some headwinds, possibly due to broader market dynamics affecting the aerospace indust Show less Read more
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