The Truth About Aurora Cannabis Stock: HODL or Sell?
The Truth About Aurora Cannabis Stock: HODL or Sell?
#acbstocknews #acbstockupdate #acbstockanalysis
In this video, we’ll tell you whether or not to sell or HODL your Aurora Cannabis stock. We’ll discuss the current news and share our stock analysis for Aurora Cannabis. If you’re curious about Aurora Cannabis stock, then this video is for you! Whether you’re a day trader or a long-term investor, this video is a must-watch!
On Aurora’s most recent earnings release, Chief Executive Officer Miguel Martin suggested that the cannabis company is going to be looking at ways to expand its operations through acquisitions. “Our balance sheet is in a strong net cash position to pursue profitable growth opportunities through M&A.”
There’s no mystery here for investors. Just like with the acquisition of Bevo Farms, Aurora is on the hunt for deals that can be immediately accretive to both its top and bottom lines. What stands out to me is the focus on profitable growth opportunities, rather than simply talking about expanding market share or just revenue growth alone — which, in the past, has been the norm for not just Aurora, but other cannabis companies as well.
Should I invest £100 in stock to it?
3:09 yes that I agree. But I have lost & havent sold yet. Down real bad but tried my best to avg down. Anyway only market that has green me up big time is the crypto market so I look at ACB like its not even there anymore & put it on the back buner until bigger news hits so I’m done buying it unless I see more cheaper dips.