4 Non-Tech Stocks Hit New Highs on Company News, Not AI Hype
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Galiano Gold is a Canadian gold mining company that recently bought out its partner's stake in a Ghana mine. The stock hit a new high after this news.
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La-Z-Boy is a 95-year-old American furniture company based in Michigan. The stock hit a new high in November/December despite a downgrade over the summer.
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Manulife Financial is a 130-year-old Canadian insurance firm that was recently upgraded by RBC Capital. The stock went on to hit a new high.
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Shoe Carnival is an American footwear retailer that announced a new share buyback program. The stock has been trending up.
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The text highlights 4 non-AI stocks disconnected from the hype around artificial intelligence that are quietly making new highs based on company-specific developments.