Better Buy: Sundial Growers vs. Zomedica
Canadian pot grower Sundial Growers (NASDAQ: SNDL) and veterinary device manufacturer Zomedica (NYSEMKT: ZOM) have returned 205% and 143% to investors within the past month alone, respectively. That kind of mouth-watering share price growth makes the S&P 500's rally of just 4% over the same period look puny.
Shares of the two companies delivered substantial gains after traders of the legendary r/WallStreetBets subreddit took an active interest in them. Previously, said members orchestrated a short squeeze in shares of video game accessories retailer GameStop (NYSE: GME) that led to it becoming a millionaire-maker stock within a very short time frame for a lucky few -- but leading to heartbreak for investors who bought in on the hype at the wrong time. Will investors of Sundial Growers or Zomedica relive that experience? And which is the best poised to succeed beyond the zealous attention from Redditors?
Image source: Getty Images.
Source Fool.com