This summary was created by AI, based on 1 opinions in the last 12 months.
Experts suggest that the performance of ETFMG Alternative Harvest ETF (MJ-N) is heavily dependent on changes in government legislation, making it a potentially risky investment. They recommend approaching the stock with caution and only allocating a small portion of one's portfolio to it.
Thise ETF got hammered 3% as the big Canadian producers held in this got killed today (Aurora, Canopy, Tilra). Aphria, though, held on, because they just announced a US acquisition. It's against the law to publicly list American pot stocks, so this ETF holds only Canadian ones, and American companies can list only in Canada. He feels that legalization makes good politics. In last night's vote, some states voted to legalize cannabis, and he expects more states to follow suit in the future.
ETFMG Alternative Harvest ETF is a American stock, trading under the symbol MJ-N on the NYSE Arca (MJ). It is usually referred to as AMEX:MJ or MJ-N
In the last year, 1 stock analyst published opinions about MJ-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ETFMG Alternative Harvest ETF.
ETFMG Alternative Harvest ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for ETFMG Alternative Harvest ETF.
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 ETFMG Alternative Harvest ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-13, ETFMG Alternative Harvest ETF (MJ-N) stock closed at a price of $2.32.
Will take change in government legislation for this stock to move up. Is a risky way to invest. Would recommend as a small portion of portfolio.