CIBC; Cdn.Tire; and Noranda

On March 10/05 we published a list of the 60 stocks that make up the S&P/TSX 60 Index. We arranged these stocks with those that were most undervalued at the top and those most overvalued at the bottom. 

The first stock was Canadian Tire ($58.70) and we are happy to report that it is up a modest 3%; the market is down slightly in this period.  But, more importantly, on the charts Tire now has an upside breakout and measures up to $63-$65.

CIBC ($73.15) was #6 on the list and is up 6% and Noranda ($24.35) was #8 and is up 5%.

If you would like to see the complete list just email us at: fraserratings@yahoo.ca