Opinions
The Panic-Proof Portfolio (Stockchase Research)
Aphria Inc
APHA-T
TOP PICK
Dec 17, 2020
$9.810
Stock price when the opinion was issued
agriculture
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PAST TOP PICK
(A Top Pick Dec 17/20, Up 132%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with APHA has progressed well. We are recommending to trail up the stop (from $8) to $19. Along with our previous recommendation to cover 50%, this would all but guarantee an minimum return on investment of 60%.
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PAST TOP PICK
(A Top Pick Dec 17/20, Up 93.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with APHA has triggered its stop at $19. To be disciplined, we recommend covering the position. Combined with the previous recommendation to cover 50%, this will create a net investment return of 59%.
agriculture
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Stockchase Research Editor: Michael O'Reilly Our recommendation of APHA as a TOP PICK is based on recently announced news of TLRY acquiring APHA for a 23% stock price premium. Combined the companies will be the largest cannabis producer in the world, which will allow a unique ability to benefit from economies of scale in production, marketing, and distribution. APHA shareholders will receive 0.83 shares of TLRY and will ultimately own 62% of the combined outstanding shares -- essentially a reverse takeover. We would buy this with stop-loss at $6.75, looking to achieve $12.25 -- upside of over 23%. Yield 0% (Analysts’ price target is $13.00)