This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Beat the Market With 5 Foreign Stocks Everyone Hates

Rogers Communications

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Things are getting out of hand in shares of another foreign telco, Rogers Communications ( RCI). The $24 billion Canadian firm has had investors betting against it en masse, pushing its short interest ratio up to a staggering 51.1. At that level, it would take more than two months of nonstop buying for shorts to exit their bets given current volume levels. It also makes RCI the most-shorted foreign stock on our list today.

Rogers is Canada's largest wireless provider, a title that means a lot in an industry in which customer stickiness is partly forced by medium-term contracts and its TV, Internet and landline package deals. The firm boasts the nation's most advanced network. As the first carrier to introduce 4G LTE to Canada, Rogers is able to court customers looking for higher connectivity speeds, even if that advantage comes at a hefty cost.

What many investors don't seem to realize is that in many cases short squeezes aren't fundamentally driven; they're typically structurally driven. That means that it won't necessarily take some huge positive earnings surprise in RCI to balloon its share price. Instead, the supply and demand forces of the market can create a positive feedback loop that forces short sellers to run for the exits. Bear that in mind now that RCI's short ratio is sky high.
5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
CHT $30.36 -0.75%
EC $8.43 -3.10%
RCI $38.50 -0.28%
RY $56.37 -0.41%
WIT $11.96 1.50%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs