More stocks to consider
Alternative stocks to Canadian Solar (NasdaqGS:CSIQ)
These are the alternatives to Canadian Solar that fall within the same industry, Semiconductors, or region, Canada.
How to read the ranks
For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.
See Canadian Solar Performance
Canadian Solar stock research in summary
canadiansolar.com
Canadian Solar shares are less expensive than other comparable stocks. While they are good value, they are riskily financed, and show below average growth. We recommend evaluating whether the future of the company Canadian Solar is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.
Latest Obermatt Ranks
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Country |
Canada |
Industry |
Semiconductors |
Index |
|
Size class |
X-Large |
Large companies - similar industry as Canadian Solar
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Micron (XXL, US) Semiconductors
|
1. Micron (XXL, US) Semiconductors
|
97
|
|
92
|
|
57
|
|
100
|
|
2. First Solar (XL, US) Semiconductors
|
2. First Solar (XL, US) Semiconductors
|
59
|
|
87
|
|
87
|
|
95
|
|
3. Skyworks (XL, US) Semiconductors
|
3. Skyworks (XL, US) Semiconductors
|
93
|
|
44
|
|
93
|
|
93
|
|
4. NVIDIA (XXL, US) Semiconductors
|
4. NVIDIA (XXL, US) Semiconductors
|
21
|
|
100
|
|
65
|
|
73
|
|
5. Analog Devices (XL, US) Semiconductors
|
5. Analog Devices (XL, US) Semiconductors
|
69
|
|
74
|
|
34
|
|
67
|
|
6. Qualcomm (XXL, US) Semiconductors
|
6. Qualcomm (XXL, US) Semiconductors
|
79
|
|
52
|
|
40
|
|
62
|
|
7. AMD (XXL, US) Semiconductors
|
7. AMD (XXL, US) Semiconductors
|
25
|
|
80
|
|
50
|
|
52
|
|
8. GLOBALFOUNDRIES (XL, US) Semiconductors
|
8. GLOBALFOUNDRIES (XL, US) Semiconductors
|
53
|
|
18
|
|
78
|
|
45
|
|
9. Qorvo (XL, US) Semiconductors
|
9. Qorvo (XL, US) Semiconductors
|
77
|
|
14
|
|
55
|
|
40
|
|
10. ON Semiconductor (XL, US) Semiconductors
|
10. ON Semiconductor (XL, US) Semiconductors
|
45
|
|
4
|
|
83
|
|
29
|
|
December 19, 2024
Why popular stocks have low ratings
It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.
Large companies - similar region as Canadian Solar
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Linamar (XL, CA) Auto Parts & Equipment
|
1. Linamar (XL, CA) Auto Parts & Equipment
|
85
|
|
45
|
|
98
|
|
100
|
|
2. ATCO (XL, CA) Multi-Utilities
|
2. ATCO (XL, CA) Multi-Utilities
|
95
|
|
79
|
|
81
|
|
100
|
|
3. Fortis (XL, CA) Electric Utilities
|
3. Fortis (XL, CA) Electric Utilities
|
75
|
|
69
|
|
82
|
|
98
|
|
4. West Fraser (XL, CA) Forest Products
|
4. West Fraser (XL, CA) Forest Products
|
69
|
|
100
|
|
67
|
|
98
|
|
5. Restaurant Brands International (XL, CA) Restaurants
|
5. Restaurant Brands International (XL, CA) Restaurants
|
57
|
|
89
|
|
66
|
|
96
|
|
6. Barrick Gold (XL, CA) Gold Production
|
6. Barrick Gold (XL, CA) Gold Production
|
84
|
|
59
|
|
76
|
|
96
|
|
7. Fairfax (XXL, CA) Property & Casualty Insurance
|
7. Fairfax (XXL, CA) Property & Casualty Insurance
|
67
|
|
77
|
|
65
|
|
96
|
|
8. Canadian Tire (XXL, CA) General Merchandise Stores
|
8. Canadian Tire (XXL, CA) General Merchandise Stores
|
89
|
|
91
|
|
52
|
|
95
|
|
9. Suncor (XXL, CA) Oil & Gas Integrated
|
9. Suncor (XXL, CA) Oil & Gas Integrated
|
73
|
|
55
|
|
83
|
|
95
|
|
10. Bank of Montreal (XXL, CA) Diversified Banks
|
10. Bank of Montreal (XXL, CA) Diversified Banks
|
83
|
|
69
|
|
49
|
|
94
|
|
December 19, 2024
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Mid sized companies - similar industry as Canadian Solar
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. SMART Global (L, US) Semiconductors
|
1. SMART Global (L, US) Semiconductors
|
87
|
|
60
|
|
42
|
|
78
|
|
2. Rambus (M, US) Semiconductors
|
2. Rambus (M, US) Semiconductors
|
25
|
|
52
|
|
95
|
|
73
|
|
3. Diodes (L, US) Semiconductors
|
3. Diodes (L, US) Semiconductors
|
59
|
|
28
|
|
95
|
|
70
|
|
4. Cirrus Logic (L, US) Semiconductors
|
4. Cirrus Logic (L, US) Semiconductors
|
55
|
|
22
|
|
98
|
|
62
|
|
5. Power Integrations (M, US) Semiconductors
|
5. Power Integrations (M, US) Semiconductors
|
39
|
|
73
|
|
39
|
|
47
|
|
6. Synaptics (L, US) Semiconductors
|
6. Synaptics (L, US) Semiconductors
|
67
|
|
50
|
|
32
|
|
42
|
|
7. Alpha and Omega (M, US) Semiconductors
|
7. Alpha and Omega (M, US) Semiconductors
|
37
|
|
56
|
|
73
|
|
37
|
|
8. Semtech (L, US) Semiconductors
|
8. Semtech (L, US) Semiconductors
|
35
|
|
100
|
|
9
|
|
37
|
|
9. Allegro MicroSystems (L, US) Semiconductors
|
9. Allegro MicroSystems (L, US) Semiconductors
|
17
|
|
44
|
|
73
|
|
32
|
|
10. Universal Display (M, US) Semiconductors
|
10. Universal Display (M, US) Semiconductors
|
49
|
|
76
|
|
23
|
|
29
|
|
December 19, 2024
Mid sized companies - similar region as Canadian Solar
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Leon's Furniture (L, CA) Homefurnishing Retail
|
1. Leon's Furniture (L, CA) Homefurnishing Retail
|
85
|
|
75
|
|
77
|
|
100
|
|
2. Mullen (L, CA) Trucking
|
2. Mullen (L, CA) Trucking
|
96
|
|
74
|
|
79
|
|
100
|
|
3. Canaccord Genuity (L, CA) Investment Banking & Brokerage
|
3. Canaccord Genuity (L, CA) Investment Banking & Brokerage
|
97
|
|
61
|
|
77
|
|
100
|
|
4. Lassonde (L, CA) Packaged Foods & Meats
|
4. Lassonde (L, CA) Packaged Foods & Meats
|
85
|
|
97
|
|
84
|
|
100
|
|
5. Onex (L, CA) Asset Management & Custody
|
5. Onex (L, CA) Asset Management & Custody
|
45
|
|
97
|
|
88
|
|
100
|
|
6. Magellan Aerospace (M, CA) Aerospace & Defense
|
6. Magellan Aerospace (M, CA) Aerospace & Defense
|
99
|
|
73
|
|
98
|
|
100
|
|
7. Dundee Precious Metals (M, CA) Gold Production
|
7. Dundee Precious Metals (M, CA) Gold Production
|
80
|
|
67
|
|
94
|
|
100
|
|
8. Whitecap Resources (L, CA) Oil & Gas Production
|
8. Whitecap Resources (L, CA) Oil & Gas Production
|
94
|
|
82
|
|
63
|
|
100
|
|
9. Centerra (L, CA) Gold Production
|
9. Centerra (L, CA) Gold Production
|
96
|
|
53
|
|
92
|
|
100
|
|
10. Sundial Growers (M, CA) Pharmaceuticals
|
10. Sundial Growers (M, CA) Pharmaceuticals
|
58
|
|
79
|
|
72
|
|
98
|
|
December 19, 2024
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