2 Surprises in HEXO's Q3 Results: Is the Pot Stock Finally a Buy?
Not many had high hopes for HEXO's (NYSE: HEXO) third-quarter results, as the cannabis company's earnings had time and again disappointed investors. But rising marijuana sales led by the pandemic helped the company announce better numbers in its fiscal 2020 third-quarter report, released June 11.
Does all look good behind the numbers? Is the stock finally a buy? Perhaps -- but first, let me tell you the two positives I noticed in the Q3 results.
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Source Fool.com