This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have mixed opinions on the Scotts Miracle-Gro Company stock. While one user recommends their product, they note that it is heavily weather-dependent, which may affect the stock's performance. The overall sentiment seems cautiously optimistic but with a dependence on external factors such as weather conditions affecting the product. It's a stock with potential, but with certain risk factors to consider.
Agriculture is one of the big themes he's pursuing. He's been using MOO, which has been making relative strength new highs. Agriculture has recently been breaking out to new highs. SMG would fit in here. Technically, a good time to buy. Looks very, very good through $220. Also owns NTR.
The company has a hydroponic division that is getting into cannabis. He thinks cannabis is a busy space with 168 companies now claiming activity in the field. His analysis suggests (based on Colorado’s experience) the sector will face rapidly plateauing sales after the first couple of years. About 6% of the population turned out to be regular users and 80% of the population doesn’t care. He would not buy this based on their entry into cannabis.
It was in an uptrend and then there was consolidation. There was support at $82 and then that broke down. On the positive sign it is consolidating. You would like to see a break out above $89 so it could return to its old trading range. It is in no man's land right now.
End of last year it was going quite high. Now you are getting a good company at a much more reasonable valuation.
Marijuana stocks? A lot of the marijuana companies are going to disappear, so it is not going to go up every day and keep on getting higher and higher. You also have to watch that there are a lot of people who just want to fleece you in this field. This fertilizer company is actually diversifying into the area, and have come out with an earth product that is especially made for pot growers.
Scotts Miracle-Gro Company is a American stock, trading under the symbol SMG-N on the New York Stock Exchange (SMG). It is usually referred to as NYSE:SMG or SMG-N
In the last year, 1 stock analyst published opinions about SMG-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Scotts Miracle-Gro Company.
Scotts Miracle-Gro Company was recommended as a Top Pick by on . Read the latest stock experts ratings for Scotts Miracle-Gro Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Scotts Miracle-Gro Company In the last year. It is a trending stock that is worth watching.
On 2024-12-10, Scotts Miracle-Gro Company (SMG-N) stock closed at a price of $73.74.
He uses their product, but if the weather isn't good, he can't recommend this stock.