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Where Will HEXO Be in 5 Years?


HEXO Corp. (NYSE: HEXO) has taken investors on a roller-coaster ride in 2019. After soaring more than 140% by late April, the stock steadily sank in the subsequent weeks and months. HEXO is currently down 45% from its highs set earlier this year.

But smart investors don't obsess over short-term volatility. Instead, they focus on the long-term prospects for the stocks that they buy. This raises a good question, though: What exactly are the long-term prospects for HEXO? Where will the company be in five years and beyond?

There are no easy answers to these questions since we can't accurately predict the future. However, here's my take on what the future might hold for HEXO.

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Quelle Fool.com

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