Don’t Buy Aurora: 2 Weed Stocks Are Better Picks in 2021
Industry leaders in the cannabis space haven’t restored investors’ confidence this year. It’s been a wild ride for the most part, and more importantly, earnings are not there. Aurora Cannabis (TSX:ACB)(NYSE:ACB) rose to as high as $23.96 on February 10, 2021. However, the rally didn’t last and the price ($9.26) today is 61% lower.
Small players Village Farms International (TSX:VFF)(NASDAQ:VFF) and Fire & Flower (TSX:FAF) are underperforming too year-to-date. However, market analysts still recommend a strong buy rating for both weed stocks. They forecast return potentials of between 99% and 126% in the next 12 months. If you want exposure to the cannabis sector, purchase either one instead of Aurora Cannabis.
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