Will Jushi Holdings Stock Go to the Moon in 2021?
In our current era of meme stocks and the recurring insanity of retail trader-driven price movements, it can often feel like anything is possible. Businesses with strong fundamentals see their stocks languish, while the shares of garbage bin companies on the verge of bankruptcy inexplicably blast off to make their holders rich.
So far, the cannabis cultivator Jushi Holdings (OTC: JUSHF) looks a lot more like the former than the latter. Despite its well-to-do track record of selling considerably more marijuana each quarter than it did the last, the company's stock is down 15% for the year. At the same time, it's making more money than it ever has before, and it looks like there's a lot more where that came from. Is 2021 the year Jushi gets noticed and breaks out of the doldrums?
Image source: Getty Images.
Source Fool.com
