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Daily Stock Opinions and Ratings
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Don Lato Aurora Cannabis ACB-T DON'T BUY Oct 29, 2018

This sector has been caught up in euphoria. Peers are now breaking below their 200-day moving averages, which is not a good sign. This sector is very, very overvalued though it has a lot of potential. Cannabis is like the internet crash of the late-1900's. Same thing. There will be an industry, but you can't pick out the winners and losers at today's valuations.

Don LatoDon Lato
No
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$7.700

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DON'T BUY

Aurora Cannabis(ACB-T)

Dec 04, 2019
The cannabis sector has been thrashed and still not good value--no earnings, uncertain sales. Very risky and good luck to you. He doesn't see the fundamentals improving.
Ross HealyRoss Healy
No
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$3.270

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DON'T BUY

Aurora Cannabis(ACB-T)

Dec 18, 2019
He feels all cannabis stocks are gambling stocks. A maturing debenture is expected to keep downward pressure on the share price. There is no assurance that any existing company will be a survivor -- it is simply too early. No one is making money in this space. Without being able to predict revenues and expenses, it is too risky. He would stay away from these.
Norman LevineNorman Levine
No
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$3.080

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BUY

Aurora Cannabis(ACB-T)

Feb 13, 2020

They each have their own strengths. He would pick Canopy (WEED-T) because they are the 800 lb gorilla. Aurora has lots of news about balance sheet challenges but they have low costs that he thinks will still come down further.

Bruce Campbell (2)Bruce Campbell (2)
Unknown
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$1.920

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DON'T BUY

Aurora Cannabis(ACB-T)

Feb 19, 2020
He saw the bubble coming in cannabis. Take a look at the financial balance sheets and see how much money they owe. He owns one company in the space that also owns liquor stores. You will see more companies go under in this space. He only buys companies that have been around for 10 years.
Benj GallanderBenj Gallander
No
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$2.180

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SELL

Aurora Cannabis(ACB-T)

Mar 30, 2020
Don't buy cannabis stocks here. Their earnings just aren't there. You can buy good value companies at discounts to book value so why go for this one. Move on. It is an opportunity to upgrade your portfolio.
Brian Acker, CABrian Acker, CA
Unknown
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$1.460

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HOLD

Aurora Cannabis(ACB-T)

Feb 01, 2021
It's been a wild ride. The valuation across all the names are still quite high. With what we are seeing with legislation in the US, he would still tend to look at these. Stick with it.
John ZechnerJohn Zechner
Unknown
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$14.360

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DON'T BUY

Aurora Cannabis(ACB-T)

Jun 01, 2022
Lots of opportunity in the US. Guilty of using easy money to build massive facilities. Big writedowns. Big equity offering. Doesn't see an imminent big export market. Longer term potential, but it's an outside probability.
Bruce Campbell (2)Bruce Campbell (2)
Unknown
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$1.960

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DON'T BUY

Aurora Cannabis(ACB-T)

Sep 13, 2023

Look at what the opportunity is. The US has increased medical and recreational use, plus favourable legislation. Doesn't have the strongest set of assets in the US, so he'd favour MSOs over ACB. Europe is the longer-range opportunity, where it has a foothold.

Bruce Campbell (2)Bruce Campbell (2)
Unknown
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$1.150

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COMMENT

Aurora Cannabis(ACB-T)

Mar 05, 2024

The problem is that parts of the world weed grows easily, so the economics don't work. The big opportunity will happen when the US legalizes weed federal, then weed shares will pop. If you're under water this, take the tax loss.

Darren SissonsDarren Sissons
Unknown
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$3.940

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DON'T BUY

Aurora Cannabis(ACB-T)

Mar 07, 2024

Avoid the sector. High risk, speculative. Doesn't see catalysts to drive the sector higher, especially if Republicans succeed in the US election.

Cole KachurCole Kachur
No
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$4.260

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Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at: hello@stockchase.com.

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