ABSTRACT : The objectives of this research are to analyze the listed companies with strong performance and undervalued prices during the COVID-19 pandemic, including their financial performance and growth driver, as well as to analyze the correlation between the chosen financial indicators and stock price growth. The financial indicators used in this study are growth performance, financial ratio performance, and valuation ratio. This research results aims to assist individual and institutional investors in identifying potential winning stocks, particularly during economic crisis occurs and to increase the level of capital market financial literacy in Indonesia. The analysis from this study concludes that growth performance had the strongest correlation with stock price growth during COVID-19 Pandemic. Nevertheless, companies having strong growth performance, strong financial ratio performance and undervalued prices yielded even higher average returns, reaching by 956.6%. Additionally, there were six listed companies that had strong growth performance, strong financial ratio performance and undervalued prices during COVID-19 pandemic, which are ADES, ADRO, ITMG, MBAP, PSSI, and TMAS.

KEYWORDS – COVID-19 Pandemic, Financial Indicators, Indonesia Stock Exchange, Strong Performance, Stock Price Growth