This Beaten-Down Pot Stock Deserves a Look
Pot companies have been delivering some serious growth rates, and for a while, their share prices reflected that. Over the last few years, there have been quite a few pot stocks shooting through the roof.
More recently, though, sentiment seems to have changed. Despite the industry's rally in previous years, 2019 hasn't exactly been that great for pot stocks.
To give you an idea, the North American Marijuana Index is down more than 40% year-to-date. (Source: "North American Index," The Marijuana Index, last accessed November 15, 2019.)
No shareholder likes crashing stock.
Den vollständigen Artikel lesen ...
Pot companies have been delivering some serious growth rates, and for a while, their share prices reflected that. Over the last few years, there have been quite a few pot stocks shooting through the roof.
More recently, though, sentiment seems to have changed. Despite the industry's rally in previous years, 2019 hasn't exactly been that great for pot stocks.
To give you an idea, the North American Marijuana Index is down more than 40% year-to-date. (Source: "North American Index," The Marijuana Index, last accessed November 15, 2019.)
No shareholder likes crashing stock.
Den vollständigen Artikel lesen ...