Canadian stocks under attack, a vulnerable utility play and TSX superstar down but not out: What you need to know in investing this week

It’s great when a stock that you own takes off. But if it does so for the wrong reasons, it may spell trouble ahead, Gordon Pape writes The rapid rise of Atlanta-based Southern Co. so far this year is a case in point. The stock closed on Friday at US$53.37, for a gain of 22.93 per cent so far in 2019. That’s a big move for a utility stock in such a short time. So why the big surge? The person to thank is not Southern’s CEO but rather Jerome Powell, chair of the U.S. Federal Reserve.

And there areRead more:An investment in Cargojet Inc. has always been a bet on a long-term trend: As people buy more stuff online, there will be a corresponding need to ship packages across the country. But the shares of the overnight air cargo business have retreated more than 10 per cent over the past two months. Is the dip worth buying? The company is in a good position.

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