2 Ultra-Risky Pot Stocks That Could Make You Filthy Rich
One of the ways that investors can swing for the fences in pursuit of great returns is by buying stocks that carry some extra risk. And right now, the cannabis industry is chock full of them. These are companies that have the potential to double or triple in value in the medium term -- in large part because their share prices have cratered after a rough year, particularly in the Canadian market.
The Horizons Marijuana Life Sciences ETF is down 1.2% in 2020, far underperforming the broad-market S&P 500 and its 16% gains. But as poorly as the sector ETF has done this year, Aurora Cannabis (NYSE: ACB) and Sundial Growers (NASDAQ: SNDL) are doing much worse, down 63% and 83%, respectively. However, all hope is not lost for them just yet. Here's how these stocks could generate some major returns over the next 12 months.
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Source Fool.com
