GREY:XEBEQ - Post by User
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ZouZS3on Jun 11, 2021 9:53pm
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A top cleantech stock trading cheap
A top cleantech stock trading cheap
Daniel Da Costa | June 11, 2021. Theres no question, though, that stocks in the renewable space got a little overvalued. So, Xebec and several of its peers all saw declines earlier this year for no fundamental reasons other than valuations. Today, though, after the selloff, its considerably undervalued and still has a tonne of long-term growth potential. Trading at just $4.40, it trades at a price-to-book ratio of just two times. Furthermore, the stock was as high as $11.50 over the last year. So, if youre looking for a top Canadian stock that has decades of growth potential, Xebec is easily one of the top stocks to buy now.