Canopy Growth Corp T.WEED

Top 10: Undervalued TSX Stocks

[MasterPeace]

Canopy Gwth: Top 10 Undervalued Healthcare Sector Stocks on TSX (WEED)

Globe Investor - Tue Jan 9, 1:54AM CST

 

Canopy Gwth is now ranked among the top 10 undervalued stocks in the Healthcare sector on the Toronto Stock Exchange.

• A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
• Valuation methodology provided by Stockcalc (see below)

Stocks in this category are held primarily for capital appreciation.

Symbol	Name	Close Price ($)	Valuation ($)	Difference	Average Vol (30D)	Market Cap ($M)	Yield (%)	P/E Ratio
CWEB	Charlottes Web Holdings	0.28	0.61	0.32 (113.6%)	64693	43.6	0.0	0.0
TMD	Titan Medical	0.08	0.16	0.08 (104.8%)	80922	9.0	0.0	0.0
OGI	OrganiGram Holdings	1.79	3.56	1.77 (99.0%)	128571	145.5	0.0	0.0
WEED	Canopy Gwth	6.21	11.84	5.63 (90.6%)	1324987	444.8	0.0	0.0
AEZS	AEterna Zentaris	2.63	4.91	2.28 (86.7%)	1544	12.8	0.0	0.0
VPH	Valeo Pharma	0.20	0.35	0.15 (72.5%)	37506	17.3	0.0	0.0
CRRX	CareRx	1.68	2.84	1.16 (69.3%)	28911	97.0	0.0	0.0
LABS	MediPharm Labs	0.07	0.10	0.04 (53.9%)	269068	28.1	0.0	0.0
AVNT	Avant Brands	0.14	0.22	0.08 (53.4%)	160753	37.2	0.0	0.0
ACB	Aurora Cannabis	0.65	0.96	0.31 (48.1%)	1356777	249.6	0.0	0.0

All data provided as of January 05, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

 

[charlie007]

The way I see it they must be undervalued for a reason.   Maybe it's because they are still losing $ every quarter, and the cdn cannabis industry is in a stranglehold from the gov't and bm.  Anyway, if you think they are undervalued, get some, they'll probably go up sooner or later.

[MasterPeace]

I've added at these levels....was a buyer pre-reverse split as low as .46 Fortunately, sold the whole lot on that nice run last Sept at 2.10.  That was just pure luck in timing. For now, this is a trade-only sector until concrete changes come supporting the industry and only the strong (solid balance sheets) will survive. I'd like to think that Canopy could be the turnaround story

[a2bman]

"undervalued for a reason"?  thats an Oxymoron.

[quinlash]

Those who understand fundamentals and are bullish on cannabis legalization should be watching this one. IMHO we are seeing those who are impatient selling, that or they didn't research.

[charlie007]

Suppose you had 1,000 shares when they were $10 and you refused to listen to the pumpers and sold. Now the sp is $5, and you can buy 2,000, so you do. You have doubled your shares for free. Do you not find that remotely appealing? Or would you rather still have 1,000 shares?