- Canopy Growth Corporation (NASDAQ:CGC) has characteristics which have been historically associated with poor future stock performance. CGC has decelerating momentum and inferior profitability when compared to other Health Care stocks, to the point that it gets a Sell rating from our Quant rating system. Stocks rated Sell or worse by our Quant rating system have massively underperformed the S&P 500, as this article will describe.
- The company has 1Y Price Performance of -84.9% while the Health Care sector median is -19.09%.
- The company has Net Income Margin (TTM) of -222.35% while the Health Care sector median is -2.13%.
- Due to these factors our quant model has rated Canopy Growth Corporation as Sell and the company has an overall rank of 774 out of 2913 in the Health Care sector. Compared to the S&P 500, stocks rated Sell or worse were down 20% on average per year over the last 10 years.
- If you are looking for alternatives to Canopy Growth Corporation (NASDAQ:CGC) see our top rated Health Care sector stocks by quant rating. Our top rated stocks have beaten the S&P 500 by 1300% over the last 10 years.
- The Sell warnings are based on our Quant Ratings, a systematic quantitative model which generates Seeking Alpha’s Sell ratings. For information about Quant Ratings, backtesting and its limitations, please read more here.
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