Are Aurora Cannabis, HEXO, and Tilray Ready to Rebound in 2020?
Many investors in marijuana stocks are probably breathing a sigh of relief that 2019 is over. The year brought dismal performances for most pot stocks. To put things in perspective, the two leading cannabis-focused exchange-traded funds (ETFs) both plunged by at least 30%.
When ETFs fall that much, it means there are plenty of individual stocks that dropped even more. Three well-known pot stocks that performed especially badly in 2019 were Aurora Cannabis (NYSE: ACB), HEXO (NYSE: HEXO), and Tilray (NASDAQ: TLRY). But are these beaten-down marijuana stocks ready to rebound in 2020?
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Source Fool.com
