The Underperformers: Canadian Stocks That Missed the Mark in 2024

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One often looks to build a portfolio of stocks that can beat the market. Some stocks outperform, and some underperform. In 2024, the TSX Composite Index rallied 18%, with a 15% rally in the second half. Energy and real estate stocks rallied, while telecom and automotive sectors underperformed. The underperformers of 2024 Multiple factors are involved in stock price movement. Macro factors like the overall liquidity in the market, investor confidence, government policies, and business environment can drive even a weak stock upwards. However, fundamentals play a primary role when the macro environment is tough. The telecom and automotive sectors...