Is It Finally Time to Buy SNDL Stock?
SNDL (NASDAQ: SNDL) is a business that's in the process of making a turnaround, and it might be successful. The Canadian company formerly known as Sundial Growers has come a long way from its origins and its time as a meme stock in 2021, and there's reason to believe that it could be a decent investment.
Turnaround stocks tend to be risky, as do cannabis stocks, and SNDL is no exception because it's both. So is this plucky competitor on the verge of being worth adding to your portfolio, or is it still a bit too risky to touch? Let's dive in.
One decent argument for thinking about buying SNDL is that it successfully took a few bites out of markets that will be relatively reliable sources of money for years, assuming it can hold them profitably.
Source Fool.com
