Barrick Mining Corporation (NYSE:B) is one of the most undervalued Canadian stocks to buy according to hedge funds. On February 4, CIBC raised its price target for Barrick Mining to $71 from $50, while keeping an Outperformer rating. As with its other precious metals updates, the firm adjusted its targets following a significant upward revision of its gold price forecasts to $6,000 per ounce for 2026 and $6,500 for 2027. CIBC also increased its copper price assumptions. The firm noted that although demand ...

Key Takeaways Kratos Defense shares climbed 17.7% in three months, outperforming the aerospace-defense equipment industry.KTOS landed nearly $65M in training contracts and expanded hypersonic manufacturing for MACH-TB 2.0 support.KTOS gains from Valkyrie UAS adoption, space software validation, and strong projected EPS and sales growth.Kratos Defense & Security Solutions, Inc. (KTOS) shares have rallied 17.7% in the past three months compared with the Zacks Aerospace-Defense Equipment industry’s growth of 1 ...

Key Takeaways HAE delivered Q3 adjusted EPS of $1.31, up 10.1% y/y, while revenues fell 2.7% to $339M, yet beat estimates.HAE saw Plasma sales rise, while Blood Center and Hospital sales fell on order timing and portfolio cuts. Haemonetics expanded gross margin to 59.7% and operating margin to 23.3% as costs fell and profits rose. Haemonetics Corporation (HAE) delivered third-quarter fiscal 2026 adjusted earnings per share (EPS) of $1.31, which rose 10.1% year over year. The bottom line topped the Zacks Con ...

IAMGOLD Corporation (NYSE:IAG) is one of the most undervalued Canadian stocks to buy according to hedge funds. On February 4, CIBC raised its price target for IAMGold to $34 from $20 with an Outperformer rating. The adjustment is part of a broader sector update in which CIBC raised its gold price forecasts. The firm also increased its copper price assumptions. CIBC stated that while the demand drivers seen in 2025 are expected to persist through 2026, the market remains influenced by heightened geopolitica ...

A downtrend has been apparent in Genpact (G) lately with too much selling pressure. The stock has declined 20.8% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is ...

LendingClub (LC) has been on a downward spiral lately with significant selling pressure. After declining 24.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscill ...

Booking Holdings (BKNG) has been on a downward spiral lately with significant selling pressure. After declining 18.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum ...

A downtrend has been apparent in SelectQuote (SLQT) lately with too much selling pressure. The stock has declined 27% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. Th ...

A downtrend has been apparent in CyberArk (CYBR) lately with too much selling pressure. The stock has declined 17.2% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. Thi ...

Nutrien Ltd. (NYSE:NTR) is one of the most undervalued Canadian stocks to buy according to hedge funds. On February 2, Scotiabank raised its price target for Nutrien to $70 from $63 while keeping a Sector Perform rating. The firm advised caution regarding fertilizer markets following the spring season and stated that the company appears to be fairly valued at current levels. On January 27, Oppenheimer increased its price target for Nutrien Ltd. (NYSE:NTR) to $76 from $64 while keeping an Outperform ratin ...