1 Dirt Cheap Growth Stock That Wall Street Thinks Could Climb 114% in 2023
The stock of SNDL (NASDAQ: SNDL), the Canadian cannabis and alcohol company formerly known as Sundial Growers, is down by more than 80% in the past three years, but some analysts on Wall Street are still keen on it. Based on an average of their estimates, its shares could jump by as much as 114% in a year, which for most stocks would make it a screaming buy.
But is SNDL worth buying right now, or does Wall Street have it wrong? Let's investigate.
It's easy to see why analysts have such high hopes for SNDL; it recently acquired several businesses in Canada that will make its top line boom.
Source Fool.com
