Which stocks tend to do best over this period? Mr. McGee ran hundreds of tests with CPMS data dating back to 1985 to find the variables that tend to shine most reliably.
He found that stocks with momentum – rising prices and earnings – are usually the best bets. The accompanying list of 20 Canadian stocks have the most attractive combinations of some of the highest scoring momentum metrics on Mr. McGee’s tests. These metrics include:Canadian stocks with strong momentum
Rank | Company | Symbol |
Market Cap ($-mil) |
||||||
---|---|---|---|---|---|---|---|---|---|
1 | Xtreme Drilling & Coil | XDC-T | 294.90 | ||||||
2 | Badger Daylighting Ltd. | BAD-T | 810.40 | ||||||
3 | Storm Resources Ltd. | SRX-T | 287.90 | ||||||
4 | BNK Petroleum Inc. | BKX-T | 186.30 | ||||||
5 | AutoCanada Inc. | ACQ-T | 799.30 | ||||||
6 | Raging River Explor. | RRX-T | 866.90 | ||||||
7 | Valeant Pharmaceutical | VRX-T | 36,211.00 | ||||||
8 | Patheon Inc. | PTI-T | 937.20 | ||||||
9 | RMP Energy Inc. | RMP-T | 606.00 | ||||||
10 | Sirius XM Canada | XSR-T | 634.10 |