CGC: Greatest Potential % Upside vs Peers I don't particularly care about daily swings as I invest over long periods of time and I do not flip in and out on pennies. I tend to compare stocks and consider historical data like earnings ratios etc. When comparing CGC / WEED to TLRY and ACB Canopy Growth has the lowest price to sales ratio of the group.
On a percentage gain basis Canopy actually has the most in terms of potential upside from current levels. Those who care to do a bit of math may want to look at the Price to Sales Ratio of Tilray Brands (a very very similar stock as Canopy Growth) to see how undervalued Canopy is to Tilray on a sales basis.
I am doing my own comparison calculations based on the sales ratio listed from Ycharts.com. If you Google "Canopy Growth Ycharts Price to Sales Ratio" you should be able to go straight to the page that has the data, repeat the search for TLRY and ACB to get the sales ratio data for those.
By all means, you can also pull up the ratio data on any other stock you believe is a better comparible to Canopy vs Tilray however I believe Tilray is actually the best one due to product mix, market areas served etc.
As always DYODD
Q