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This Undervalued Stock Down 76% Is My Best Contrarian Play

In today’s market, undervalued stocks are not that easy to find. This is not surprising, as the S&P/TSX Composite Index continues to hit record highs. In this article, I’ll review an undervalued contrarian stock that’s down 76% in the last 10 years. It’s a stock that I’ve been bullish on for a few years, but the market has yet to warm up to it. Let’s take a look at this stock, Cineplex Inc. (Tsx:…

[go-21newstv]

These Popular Canadian Stocks Look Super-Cheap Right Now

Several popular Canadian stocks that gained meaningful traction in the first quarter still appear to be relatively undervalued, at least compared to their historical track records. Indeed, the TSX Index’s latest ascent is totally worth getting behind, but if you’re at all growing a bit concerned about catching the top and punching your ticket to the next 10-15% correctionit makes sense to give…