Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Aphria a Value Stock?

TheMotleyFool

0 0

Aphria (NYSE: APHA) has been one of the few bright spots in the legal cannabis space in 2019. Earlier this week, the company posted its second straight profitable quarter, and it is showing definitive signs of transforming into one of the industry's most compelling growth stories.

Even so, Aphria hasn't been able to escape the black hole that has been the legal marijuana industry this year. While the company's shares have "outperformed" the broader marijuana industry over the past 10 months, Aphria's shares have still lost almost 15% of their value in 2019. The direct consequence is that Aphria now sports the absolute cheapest valuation among its immediate peer group.

Image source: Getty Images.

Source Fool.com

Like: 0

APHA

Share