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0 -0.00174703004891687 -0.00104821802935014 0.000698812019566722 0.00943396226415093 0.00978336827393435 -0.000524109014675072 0.000349406009783423
Stock impact report

Is Methanex Corporation (MEOH) the Most Undervalued Canadian Stock to Buy According to Wall Street Analysts? [Yahoo! Finance]

Methanex Corporation (MEOH) 
Last methanex corporation earnings: 1/29 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: methanex.com/investor-relations
Company Research Source: Yahoo! Finance
take a look at where Methanex Corporation (NASDAQ:MEOH) stands against other undervalued Canadian stocks according to Wall Street analysts. As February was concluding, Reuters reported that Canada's economy showed unexpected strength in Q4 2024, with an annualized growth rate of 2.6%. Household spending in particular, which makes up over half of the total GDP, rose by 1.4% in Q4. Business investments, which were stagnant for the past 11 quarters, finally showed positive momentum with a 0.7% growth in Q4. This was fueled by a 4.2% surge in investment in machinery and equipment. On a per capita basis, real GDP rose by 0.2% in Q4, which represents the second increase in the last 11 quarters. However, recently, amidst concerns over a US-led trade war, a Reuters poll from April indicates rising recession risks for Canada, which will potentially trigger at least two more Bank of Canada rate cuts this year, despite a temporary 90-day pause on some reciprocal tariffs announced by the US. Ec Show less Read more
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