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Stock analysis: Canam Group scores 10 out of 10

Share of Canam Group Inc., manufacturer of the retractable roof at BC Place, have outperformed the S&P/TSX composite index by 25 per cent over the past year.

Darryl Dyck/THE CANADIAN PRESS

StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries. Globe Unlimited subscribers get unlimited access to these reports from about 7,000 companies, which normally retail for $25 each.

The U.S. economy is back in building mode and that's generating a much-needed boost for investors in steel fabrication company Canam Group Inc.

Shares in Saint-Georges, Que.-based company, which designs and manufactures steel components for bridges and building structures such as the retractable roof at BC Place Stadium in Vancouver, have outperformed the S&P/TSX composite index by 25 per cent over the past year.

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But the stock has trended lower this week. Has it already reached its peak? This StockReports+ report could help point to an answer.

StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. The score for Canam Group rose to 10 from nine at the end of March and has remained there for five straight weeks.

Read more in this comprehensive report.

Read other reports here.

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