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These 20 TSX stocks missed the market rebound but could see a strong 2021

These 20 TSX stocks missed the market rebound but could see a strong 2021
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Beyond GameStop: Five other U S stocks primed for an imminent short squeeze

The Globe and Mail Stephen Donovan, MBA Published February 9, 2021 U.S.-listed stocks that could see their share price rise from a short squeeze. The screen Short-selling has been brought to the forefront of financial markets in recent weeks, with companies such as GameStop Corp. seeing their share price increase by more than 2,000 per cent in mere weeks. The rapid rise and fall in the share price of GameStop was mostly because of a short squeeze. This occurs when investors who are shorting a stock (betting that the share price will decline) are forced by rising prices to cover their short positions prematurely by repurchasing stock, thus driving the share price up even higher. While the elevated prices are typically not sustainable (as demonstrated by the continued retreat in the share price of GameStop on Tuesday), these phenomena do offer investors with a high risk tolerance the opportunity to participate in market rallies. Today, we screen for companies that are poised fo

Are there any bargains among these 10 leading Canadian software stocks?

The Globe and Mail Brian Donovan Published February 8, 2021 Valuations for 10 Canadian-listed application software companies. The screen Application (as opposed to system) software is a broad category that includes software for the masses as well as specific applications that meet specialized needs of industrial or professional clients. Software firms in this category tend to channel cash flow back into growth instead of dividends. Is there still value to be found among Canada’s leading players after last year’s runup in prices? We used StockCalc’s screener to select the 10 largest application software companies on the Toronto Stock Exchange and TSX Venture Exchange. We then used StockCalc’s valuation tools to calculate the fundamental (or intrinsic) valuation for each stock to see whether it is undervalued or overvalued compared with its price.

Ten U S small caps rising to the fore in trending markets

The Globe and Mail Published January 14, 2021 U.S. small-cap stocks showing upside momentum. The Russell 2000 is a stock market index comprising 2,000 small-capitalization U.S. companies that tend to be domestically focused. Investors can track and invest in the index using the iShares Russell 2000 ETF (IWM). The index started to outperform the larger cap S&P 500 and Nasdaq Composite Index in early December. Looking at indexes year-to-date, the Russell 2000 index is up a bit more than 9 per cent, maintaining its outperformance over other North American benchmarks. The S&P/TSX Composite index is in second place with a year-to-date gain of 3.8 per cent, followed by last year’s best performing index, the Nasdaq, which is up 2.5 per cent so far this year after returning an impressive 43.6 per cent in 2020. The S&P 500 is up 1.6 per cent in 2021.

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