5 Oversold Canadian Stocks To Buy

4. Profound Medical Corp. (NASDAQ:PROF)

Latest 14 Day RSI Score: 24.06

Profound Medical Corp. (NASDAQ:PROF) is an advanced medical technology company whose products enable doctors to treat prostate, urethra, and related problems. Out of its four latest quarters, Profound Medical Corp. (NASDAQ:PROF) has beaten analyst EPS estimates in three, and the average share price target has a $7 upside.

Insider Monkey dug through 943 hedge funds for their first quarter of 2023 investments and found out that four had bought the firm’s shares. Profound Medical Corp. (NASDAQ:PROF)’s largest investor in our database is Jean-Francois Tardif’s Timelo Investment Management since it owns 756,179 shares that are worth $7 million.

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