Thinking About Buying Canopy Growth Stock? You May Want to Wait for This to Happen First
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Canopy Growth (NASDAQ: CGC) stock is down 27% this year, and it's trading near its 52-week low, again. Unfortunately, with a stock that's been struggling as badly as Canopy Growth has, it can always seem like it's a cheap buy because of its ongoing tailspin.The Canadian-based cannabis company once had a bright future due to hopes of widespread marijuana reform in not only Canada but the U.S. as well. Things haven't panned out as expected, and that's resulted in the pot stock crashing more than 99% in five years. At this stage, there's only one thing I would expect could turn the stock's fortunes around: renewed hopes for marijuana legalization in the U.S.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Ausgewählte Hebelprodukte auf Canopy Growth
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf Canopy Growth
Der Hebel muss zwischen 2 und 20 liegen
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Quelle: MotleyFool