2 Incredibly Cheap Cannabis Stocks
From time to time, the stock market sees the effects of something called "sector rotation" -- basically, investors' waxing and waning interest in different business categories. For example, tech stocks got beat up after investors rotated into consumer discretionary names looking for a bit more security and stability following last year's big run-up.
Other sectors glow bright early, only to flame out quickly, leaving tremendous opportunities amidst the ashes. Cannabis stocks neatly fit this bill. The promise of marijuana legalization sent the industry soaring, only to see it tumble back to earth after the reality of regulation and taxation caused investors to realize profits could take longer than expected.
That doesn't mean investors should avoid the space. In fact, the two stocks below have been unfairly discarded by the market despite possessing enormous growth potential.
Source Fool.com