Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
This Marijuana Penny Stock Could Soar 363%
https://mney.co/2R79Rmv
Required Please enter the correct value.
Twitter
Stocks: ACBFF, CGC, TLRY, XXII

This Marijuana Penny Stock Could Soar 363%

By Money Morning Staff Reports, Money Morning • October 22, 2018

View Comments

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Marijuana penny stocks are one of the most popular ways to profit from the booming marijuana industry.

You see, marijuana penny stocks have the kind of explosive growth potential large-cap stocks often can't match.

They also give investors an opportunity to get in on the ground floor in the marijuana industry without breaking the bank.

marijuana penny stocksNow, these benefits don't mean marijuana penny stock investing is risk free. As always, penny stock investors should never invest more than they can afford to lose.

However, we've identified a pot penny stock on the verge of surging more than 300%, which is why you need to see this stock pick before it's too late...

Marijuana Penny Stocks Have Room to Run 

Mainstream marijuana stocks have already locked in tremendous gains this year, and that could be just the beginning as the legalization movement gains momentum.

Marijuana cultivation supplier Canopy Growth Corp. (NYSE: CGC) has risen 132% since January.

In Case You Missed It: Former Speaker of the House John Boehner was once marijuana’s biggest enemy… now he’s advising Americans to go “ALL IN” on cannabis. To see his shocking prediction, click here...

Cannabis start-up Tilray Inc. (NASDAQ: TLRY) jumped an astonishing 631% since this year.

And Aurora Cannabis Inc. (OTCMKTS: ACBFF) is up 173% since August.

These are exciting gains. However, surging share prices have pushed these stocks out of reach for many investors.

And while these are some of the best marijuana stocks available, you're unlikely to get the best value for your investment if you buy these companies today.

This is especially the case when we look at the price-to-sales (PS) ratio of these firms.

The PS ratio reveals the value of a company's sales revenue. PS ratios relative to industry averages can tell us if a company is over- or undervalued.

Canopy Growth, which is valued at $11.4 billion, currently trades at a PS ratio of 132.

And Aurora Cannabis, valued at $9.2 billion, has a PS of 106.

For leading businesses in the marijuana sector, these PS ratios are incredibly high.

For comparison, our top marijuana penny stock to watch right now only has a PS ratio of 14.34, indicating the company is undervalued and has plenty of room to grow.

It's currently trading for just over $2 a share.

And it could surge over 300% this year alone...

Our Top Marijuana Penny Stock to Watch Today

Join the conversation. Click here to jump to comments…

Login
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Constant Asabia
Constant Asabia
4 years ago

The information I got here seem helpful. I'll love to subscribe to get more updates.

0
Reply
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz