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Bdnz Income on Steroids: These 3 Stocks Yield at Least 6%
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When Aurora Cannabis TSX:ACB NYSE:ACB debuted, its price was $1.78. Weed upstart Supreme Cannabis TSX:FIRE is trading at $1.43 today, which is very close to Aurora s price in October 2016. I stanley cup can t help but ask if FIRE will follow Aurora s trajectory.The largest producerAu stanley cup rora Cannabis, the cannabis company with the largest production capacity, has had a meteoric rise since its market debut. In one year, the stock jumped 22% to $2.18. But in just two years, the price soared to $9.28 or 421%. It was a heyday for investors who sold their shares.For those who are still holding on to the stock, ACB s current price is $8.02. It s still 267.9 over the 2016 price. Analysts are projecting a potential upside of about 105% in the next 12 months. If you go by these projections, it appears that Aurora Cannabis remains stanley cup as the top weed stock.That is not surprising because, for one, Aurora could potentially produce 600,000 kilograms of cannabis annually. It has a strong presence overseas with cov |
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