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This Marijuana Stock Could Be the Biggest Comeback Story of 2018


This Marijuana Stock Could Be the Biggest Comeback Story of 2018

Insys Therapeutics (NASDAQ: INSY) is one of the most hated biotech stocks on the market today. That's the case, at least, if you use short interest as a proxy for how much investors hate a given stock: A whopping 40% of Insys stock's float is sold short. 

There is a laundry list of reasons why Insys has fallen in disfavor. Its revenue is plunging, and the company is the target of multiple investigations over promotional practices for its lead product. In my view, though, Insys isn't a lost cause. I even think this marijuana stock could be the biggest comeback story of 2018.

Image source: Getty Images.

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Source: Fool.com

INSYS Therapeutics Inc Stock

€0.042
5.000%
INSYS Therapeutics Inc dominated the market today, gaining €0.002 (5.000%).

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