Buy, Sell or Hold: Horizon's Medical Marijuana (HMMJ-T)

TSE:HMMJ

6.07

0.04 (0.65%) 1d

Showing 1 to 15 of 56 entries

DON'T BUY

Are you investing or gambling? Some invest in hot sectors like cannabis or blockchain without understanding them. He's never owned this, because it's gambling. He avoids the sector for the same reason.

E.T.F.'s

DON'T BUY

Wouldn't buy. Firstly on principle, as they're active managers. The ETF owns the good, the bad, and the ugly. There are a lot of garbagy business models and bottom feeders out there.

E.T.F.'s

BUY on WEAKNESS

The yield is not a dividend. Because of M&A, there is a capital distribution every year. Long term CBDs are going to be a big part of the future. It could be an election issue in the US. These companies don't make any money so it is speculative. He likes it longer term.

E.T.F.'s

PARTIAL BUY

He started to nibble. Expect a lot of volatility. He likes it on valuation.

E.T.F.'s

PARTIAL BUY

He has said for a couple of years that he wants the industry to mature. He thinks there is some value there at this point. There are really no earnings, however. Usually when a correction hits, stocks without earnings get hit first. He has been buying below $9. Don't commit a lot of money. Just nibble.

E.T.F.'s

DON'T BUY

Not just discouraging performance, but catastrophic. None of these things are making any money. He won't be buying in this sector. He likes earnings.

E.T.F.'s

DON'T BUY

The problem he has with this is that you can't get capacity. He stays away from it.

E.T.F.'s

DON'T BUY

He's never liked marijuana stocks. The hype wasn't justified and they got way ahead of themselves. This will be regulated like alcohol which means tight returns.

E.T.F.'s

DON'T BUY

Marijuana stocks There has been a sell off because of Canntrust and no one is making money. There will be a lot of research to be done on the benefits. However, the best days to make profit here are probably behind us.

E.T.F.'s

BUY on WEAKNESS

Anytime you are investing in an area with such massive potential growth opportunities, you will see volatility. If you buy a little and more yet in corrections, it is a way to play it. Wait for good stiff corrections.

E.T.F.'s

BUY

HMMJ vs. HMUS. A monstrous opportunity, but you're going to suffer volatility. Go slow, get in over time, and keep it to a smaller proportion of your portfolio. Market weighted. The US exposure is to companies operating legally, and there can't be any recreational use. With HMUS, you're tapping into a bigger market. For example, Charlotte's Web is planning to sell CBD infused products through Kroeger. This scale dwarfs the whole Canadian market. Valuations are high because of the growth potential. If you're a marijuana investing aficionado, you'd want to own both.

E.T.F.'s

COMMENT

Any vice will do well, and so will this. Horizon makes great ETFs. That said, ETF's aren't always the best. Instead of buying the weed basket, buy the leader--Canopy.

E.T.F.'s

DON'T BUY

Companies on this don't have any earnings. With out earnings he doesn't want it.

E.T.F.'s

COMMENT

How does this pay a yield if weed stocks don't? It does pay a dividend, perhaps from capital gains from buying and selling those weed stocks within the ETF. He doesn't think cannabis will be an exciting industry, but will wind up like the liquor business.

E.T.F.'s

BUY on WEAKNESS

This has the potential for massive growth in 20 years considering the medical applications of cannabis, but this space also has massive volatility. Buy during large declines and tiptoe in. Society is in the process of accepting marijuana. This is a sea change now.

E.T.F.'s

Showing 1 to 15 of 56 entries

Horizon's Medical Marijuana(HMMJ-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Horizon's Medical Marijuana 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.

Horizon's Medical Marijuana(HMMJ-T) Frequently Asked Questions

What is Horizon's Medical Marijuana stock symbol?

Horizon's Medical Marijuana is a Canadian stock, trading under the symbol HMMJ-T on the Toronto Stock Exchange (HMMJ-CT). It is usually referred to as TSX:HMMJ or HMMJ-T

Is Horizon's Medical Marijuana a buy or a sell?

In the last year, 1 stock analyst published opinions about HMMJ-T. 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 Horizon's Medical Marijuana.

Is Horizon's Medical Marijuana a good investment or a top pick?

Horizon's Medical Marijuana was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizon's Medical Marijuana.

Why is Horizon's Medical Marijuana 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 Horizon's Medical Marijuana worth watching?

1 stock analyst on Stockchase covered Horizon's Medical Marijuana In the last year. It is a trending stock that is worth watching.

What is Horizon's Medical Marijuana stock price?

On 2022-09-30, Horizon's Medical Marijuana (HMMJ-T) stock closed at a price of $6.07.

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