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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Overall, the experts have a negative outlook on Aurora Cannabis, citing high risk and speculation within the sector. They do not foresee any catalysts to drive the sector higher, especially with potential political changes in the US. Additionally, the economic factors surrounding the growth of weed pose challenges, and the experts believe that the real opportunity will come with federal legalization in the US. While the company has some presence in Europe, it is not considered to have the strongest assets. Ultimately, the experts favor other companies, particularly MSOs, over Aurora Cannabis.

Consensus
Negative
Valuation
Overvalued
DON'T BUY
Aurora Cannabis

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

0
COMMENT
Aurora Cannabis

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.

0
DON'T BUY
Aurora Cannabis

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.

0
DON'T BUY
Aurora Cannabis
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.
0
HOLD
Aurora Cannabis
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.
0
SELL
Aurora Cannabis
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.
0
DON'T BUY
Aurora Cannabis
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.
0
BUY
Aurora Cannabis

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.

0
DON'T BUY
Aurora Cannabis
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.
0
DON'T BUY
Aurora Cannabis
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.
0
DON'T BUY
Aurora Cannabis
They're reporting soon. There's a lot of oversupply in the sector; the black market sells cheaper weed and legal distribution is tight. This industry is still evolving. There was a lot of froth before in this space. Also, the laws keep changing. Weed companies aren't making money. She's sitting on the sidelines.
0
DON'T BUY
Aurora Cannabis
Cannabis? He is fortunate that they have not participated in the cannabis space over the past year. It is just too difficult to determine who will be the winners in this space just yet. A lot of companies will short on cash. ACB has a $200 million debenture coming due in March 2020, which will have to be refinanced as the strike price is well above current prices. Stay away from ACB. He would not buy anything in the space.
0
COMMENT
Aurora Cannabis
Short this to $1? $4.50 is its book value and technical support. Has a strong balance sheet, but it has no earnings or fair market value. We're at the stage in cannabis where these stocks have to prove they can survive as a business. Don't short this anymore. The price is so low it's starting to look attractive.
0
DON'T BUY
Aurora Cannabis

His weed exposure is through Constellation Brands which owns Canopy--this is less risky than owning cannabis stocks. The valuation on the entire sector rose way too high in 2017-8. Now, the industry is feeling growing pains, with unexpected surprises in working with governments. Generally sin stocks do well long term, but the next year or two will be challenging.

0
DON'T BUY
Aurora Cannabis
Cannabis stocks are continuing to go down. They went up on hype and spiked around the time it became legal in Canada. They are having trouble getting their product out and displacing the black market. There is nothing to keep these stocks from going lower. There is tax loss selling coming.
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Aurora Cannabis(ACB-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 2

Stockchase rating for Aurora Cannabis is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Aurora Cannabis(ACB-T) Frequently Asked Questions

What is Aurora Cannabis stock symbol?

Aurora Cannabis is a Canadian stock, trading under the symbol ACB-T on the Toronto Stock Exchange (ACB-CT). It is usually referred to as TSX:ACB or ACB-T

Is Aurora Cannabis a buy or a sell?

In the last year, 2 stock analysts published opinions about ACB-T. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Aurora Cannabis.

Is Aurora Cannabis a good investment or a top pick?

Aurora Cannabis was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Aurora Cannabis.

Why is Aurora Cannabis stock dropping?

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.

Is Aurora Cannabis worth watching?

2 stock analysts on Stockchase covered Aurora Cannabis In the last year. It is a trending stock that is worth watching.

What is Aurora Cannabis stock price?

On 2024-05-29, Aurora Cannabis (ACB-T) stock closed at a price of $8.5.