3 Reasons to Consider GrowGeneration Amid a Mixed Earnings Report
GrowGeneration (NASDAQ: GRWG) sent mixed signals to investors when it reported its Q3 earnings on Nov. 11. While it beat estimates on revenue, an earnings miss and a lowered outlook have left the company's stock price stuck within a certain price range ever since.
Nonetheless, the nation's largest specialty hydroponic and organic garden center supplier has developed a reputation as a leading supplier in the fast-growing cannabis industry. Even though the latest report brought some disappointments, this retail stock still has the potential to benefit from its cannabis association and generate additional growth for investors for three reasons.
Image source: Getty Images
Source Fool.com
