Marijuana Stocks: Buy This, Not That
It's been a wild past year for marijuana stocks, with the first quarter of 2019 turning in some of the most prolific gains we've seen over a three-month period, followed by perhaps the ugliest nine-month stretch in the relatively short history of the cannabis industry. There's no doubt that marijuana stocks have some maturing to do, but there's also no questioning the long-term opportunity present in the pot industry.
With valuations hitting, in some instances, one-year or two-year lows, bargain hunters and growth stock investors are out looking for intriguing deals. The good news is that there are marijuana stocks worth buying that have competitive edges over their competition. But on the other side of the aisle, there are possibly even more awful pot stocks (many of them popular among investors) that we should avoid.
If you have a desire to invest in certain aspects of the cannabis industry, consider this a version of "buy this, not that" for marijuana stocks.
Source Fool.com
