Canadian General Inv (TSE:CGI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Canadian General Investments, Limited (CGI) has reported robust financial performance with a net asset value per share (NAV) of $65.37 as of September 30, 2024, outpacing the S&P/TSX Composite Index with year-to-date and 12-month NAV returns of 18.9% and 22.4%, respectively. The company has reduced its leverage from the previous year, now making up 12.8% of net assets, and has seen a share price growth with dividends of 17.4% year-to-date. CGI’s portfolio is diversified, with significant investments in Information Technology and Industrials, and its top ten investments, including NVIDIA Corporation and Apple Inc., constitute 39.4% of the portfolio’s market value.
For further insights into TSE:CGI stock, check out TipRanks’ Stock Analysis page.