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Should You Add Canopy Growth Corp (CGC) Stock to Your Portfolio Tuesday?

Tuesday, November 28, 2023 12:34 PM | InvestorsObserver Analysts

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Should You Add Canopy Growth Corp (CGC) Stock to Your Portfolio Tuesday?

Canopy Growth Corp (CGC) is near the middle in its sector according to InvestorsObserver. CGC gets an overall rating of 13. That means it scores higher than 13% of stocks. Canopy Growth Corp gets a 65 rank in the Healthcare sector. Healthcare is number 5 out of 11 sectors.

Overall Score - 13
CGC has an Overall Score of 13. Find out what this means to you and get the rest of the rankings on CGC!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies in the healthcare sector can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the best stocks in that sector. This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in the healthcare sector with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Canopy Growth Corp Stock Today?

Canopy Growth Corp (CGC) stock is trading at $0.53 as of 12:30 PM on Tuesday, Nov 28, a decline of -$0.01, or -2.67% from the previous closing price of $0.55. The stock has traded between $0.52 and $0.55 so far today. Volume today is below average. So far 10,223,459 shares have traded compared to average volume of 23,891,455 shares. Click Here to get the full Stock Report for Canopy Growth Corp stock.

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