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Alternative stocks to Profound Medical (TSX:PRN)


These are the alternatives to Profound Medical that fall within the same industry, Health Care Equipment, or region, Canada.

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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).

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See Profound Medical Performance

Profound Medical stock research in summary

profoundmedical.com


Profound Medical shares are more expensive than other comparable stocks. They show below average growth, are riskily financed, and are poor value. We recommend evaluating whether the future of the company Profound Medical is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


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Country Canada
Industry Health Care Equipment
Index
Size class X-Small

Large companies - similar industry as Profound Medical

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ResMed (XL, US)  Health Care Equipment
1. ResMed (XL, US)   Health Care Equipment 65 85 92 100
2. Zimmer (XL, US)  Health Care Equipment
2. Zimmer (XL, US)   Health Care Equipment 99 63 51 95
3. Abbott Laboratories (XXL, US)  Health Care Equipment
3. Abbott Laboratories (XXL, US)   Health Care Equipment 63 65 83 93
4. Colfax (XL, US)  Health Care Equipment
4. Colfax (XL, US)   Health Care Equipment 87 43 60 84
5. Hologic (XL, US)  Health Care Equipment
5. Hologic (XL, US)   Health Care Equipment 33 35 92 58
6. GE Healthcare (XXL, US)  Health Care Equipment
6. GE Healthcare (XXL, US)   Health Care Equipment 99 29 16 45
7. Baxter (XXL, US)  Health Care Equipment
7. Baxter (XXL, US)   Health Care Equipment 94 29 28 43
8. Boston Scientific (XL, US)  Health Care Equipment
8. Boston Scientific (XL, US)   Health Care Equipment 11 89 38 43
9. Stryker (XXL, US)  Health Care Equipment
9. Stryker (XXL, US)   Health Care Equipment 41 77 24 40
10. Becton Dickinson (XXL, US)  Health Care Equipment
10. Becton Dickinson (XXL, US)   Health Care Equipment 95 23 10 30

November 21, 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 Profound Medical

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ATCO (XL, CA)  Multi-Utilities
1. ATCO (XL, CA)   Multi-Utilities 97 71 82 100
2. Linamar (XL, CA)  Auto Parts & Equipment
2. Linamar (XL, CA)   Auto Parts & Equipment 85 41 98 98
3. Suncor (XXL, CA)  Oil & Gas Integrated
3. Suncor (XXL, CA)   Oil & Gas Integrated 69 61 81 97
4. WSP Global (XL, CA)  Construction & Engineering
4. WSP Global (XL, CA)   Construction & Engineering 69 83 55 96
5. Russel Metals (XL, CA)  Trading & Distribution
5. Russel Metals (XL, CA)   Trading & Distribution 89 35 91 96
6. Fairfax (XXL, CA)  Property & Casualty Insurance
6. Fairfax (XXL, CA)   Property & Casualty Insurance 67 75 65 96
7. Restaurant Brands International (XL, CA)  Restaurants
7. Restaurant Brands International (XL, CA)   Restaurants 55 89 68 94
8. CCL (XL, CA)  Metal & Glass Containers
8. CCL (XL, CA)   Metal & Glass Containers 43 71 86 94
9. Barrick Gold (XL, CA)  Gold Production
9. Barrick Gold (XL, CA)   Gold Production 82 53 74 94
10. Canadian Tire (XXL, CA)  General Merchandise Stores
10. Canadian Tire (XXL, CA)   General Merchandise Stores 83 93 48 93

November 21, 2024


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Mid sized companies - similar industry as Profound Medical

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Integer (L, US)  Health Care Equipment
1. Integer (L, US)   Health Care Equipment 53 73 70 92
2. Cue Health (M, US)  Health Care Equipment
2. Cue Health (M, US)   Health Care Equipment 89 9 96 89
3. Inogen (M, US)  Health Care Equipment
3. Inogen (M, US)   Health Care Equipment 73 57 80 89
4. Teleflex (L, US)  Health Care Equipment
4. Teleflex (L, US)   Health Care Equipment 100 23 84 87
5. AngioDynamics (M, US)  Health Care Equipment
5. AngioDynamics (M, US)   Health Care Equipment 73 13 96 86
6. CONMED (L, US)  Health Care Equipment
6. CONMED (L, US)   Health Care Equipment 97 45 41 80
7. Nevro (M, US)  Health Care Equipment
7. Nevro (M, US)   Health Care Equipment 79 19 83 80
8. Envista Holdings (L, US)  Health Care Equipment
8. Envista Holdings (L, US)   Health Care Equipment 67 9 98 77
9. Accuray (M, US)  Health Care Equipment
9. Accuray (M, US)   Health Care Equipment 49 55 69 75
10. Penumbra (M, US)  Health Care Equipment
10. Penumbra (M, US)   Health Care Equipment 3 63 95 65

November 21, 2024


Mid sized companies - similar region as Profound Medical

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Onex (L, CA)  Asset Management & Custody
1. Onex (L, CA)   Asset Management & Custody 47 97 85 100
2. Magellan Aerospace (M, CA)  Aerospace & Defense
2. Magellan Aerospace (M, CA)   Aerospace & Defense 95 73 98 100
3. Dundee Precious Metals (M, CA)  Gold Production
3. Dundee Precious Metals (M, CA)   Gold Production 82 69 94 100
4. Lassonde (L, CA)  Packaged Foods & Meats
4. Lassonde (L, CA)   Packaged Foods & Meats 89 97 84 100
5. Whitecap Resources (L, CA)  Oil & Gas Production
5. Whitecap Resources (L, CA)   Oil & Gas Production 93 89 65 100
6. Western Forest Products (L, CA)  Forest Products
6. Western Forest Products (L, CA)   Forest Products 65 83 69 99
7. Enghouse Systems (M, CA)  Application Software
7. Enghouse Systems (M, CA)   Application Software 94 34 98 98
8. Paramount (L, CA)  Oil & Gas Production
8. Paramount (L, CA)   Oil & Gas Production 71 87 86 98
9. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
9. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 97 43 76 96
10. Mullen (L, CA)  Trucking
10. Mullen (L, CA)   Trucking 99 55 81 96

November 21, 2024



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