|Bid||0.0000 x 1800|
|Ask||0.0000 x 800|
|Day's range||0.5430 - 0.5620|
|52-week range||0.4950 - 3.9600|
|Beta (5Y monthly)||5.56|
|PE ratio (TTM)||N/A|
|Earnings date||15 Mar 2022 - 21 Mar 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||0.99|
While the industry is full of promising growth stocks, some of which are already achieving recurring profitability, the following four pot stocks, all of which have a Canadian focus, should be avoided like the plague in 2022. The award for the most times a pot stock has appeared on a "stocks to avoid list" unquestionably goes to Canadian licensed producer Aurora Cannabis (NASDAQ: ACB). Once upon a time, Aurora was the premier name among Canadian weed stocks.
This year will be a big test for cannabis company Sundial Growers (NASDAQ: SNDL). With one recent acquisition closed and another that could be complete in the next few months, the business is undergoing some significant changes that will likely dictate the direction of its share price this year. In 2021, its stock was up over 400% at one point and ended up finishing the year with a 22% gain -- far better than the Horizons Marijuana Life Sciences ETF, which fell 19%.
Yahoo Finance's Julie Hyman breaks down the leading headlines on Microsoft chip development, a new cannabis study tied to COVID-19, and private equity firm TPG.