Claymore Canadian Fundamental Index ETF’s Stock Is Buy After Reaching 52-Week High

 Claymore Canadian Fundamental Index ETF's Stock Is Buy After Reaching 52 Week High

The stock of Claymore Canadian Fundamental Index ETF (TSE:CRQ) hit a new 52-week high and has $15.79 target or 3.00% above today’s $15.33 share price. The 7 months bullish chart indicates low risk for the $208.79 million company. The 1-year high was reported on Dec, 1 by Barchart.com. If the $15.79 price target is reached, the company will be worth $6.26 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 12,770 shares traded hands. Claymore Canadian Fundamental Index ETF (TSE:CRQ) has risen 13.99% since April 27, 2016 and is uptrending. It has outperformed by 8.06% the S&P500.

More notable recent Claymore Canadian Fundamental Index ETF (TSE:CRQ) news were published by: Theglobeandmail.com which released: “Is it worth making the shift to fundamental indexes?” on April 22, 2013, also Business.Financialpost.com with their article: “Fundamental ETFs worth a look” published on February 16, 2011, Theglobeandmail.com published: “Trick question: What performs better than an index fund?” on June 12, 2014. More interesting news about Claymore Canadian Fundamental Index ETF (TSE:CRQ) were released by: Business.Financialpost.com and their article: “BlackRock dominates in Canadian ETFs” published on January 16, 2012 as well as Theglobeandmail.com‘s news article titled: “Bond ETFs confuse you? Here’s a simple guide” with publication date: December 16, 2011.

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