We see value in the solid management team as well as the large amounts of cash at hand $55M with a market cap approx $1B. It is where the rising channel will peak in some 12 to 15 months from now. There's nothing like a solid earnings beat to send a stock soaring, especially in the highly volatile cannabis industry. We wrote several cannabis stock forecasts for 2019 and 2020. Any suspicious sign that their updates are not legitimate should be taken as a sell signal. Which Stocks To Buy? Options traders have made some bullish transactions during the past few trading sessions. This is also an exit point, just to be clear. The chart of Organigram Holdings does not really allow for an easy forecast. There are still concerns about cash burn and the company's ability to continue growing, especially if the stock remains this low. It reaffirms its expectation to achieve at least 150,000 kg / annum of production capacity within the first 3 months of 2019. Many investors still think of cannabis as this illegal thing that makes for irresponsible usage and hence investing in it would also be for irresponsible investors. Emotions will kill your profits and will impede you from looking at the real trends (ideally even emerging trends as they arise). For the buyer of the $2.00 calls to earn a profit, ACB stock would need to rise to around $2.19. In our Emerald Health Therapeutics Stock Forecast for 2019 we identified $38 as the major top at the end of 2019 or in the first part of 2020. Finally, the open interest levels for February 21 $3.00 calls saw an increase during today’s trading session. Recently, it became painfully clear with this cannabis stock scam communicated by the SEC that there is fraud happening in the sector. As per our Aurora Cannabis Stock Forecast for 2019 we see a major run coming, similar to the previous one which sent the stock price 5x higher after it broke out. and Why Tesla Stock Still Has Big Upside Potential. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Before looking into the details of several cannabis stocks and their forecasts for 2019 and 2020 we want to make the point about the ethical aspect of cannabis investing. Why Tesla Stock Still Has Big Upside Potential, Weed Subscription Boxes Are Shipping With Actual Cannabis These Days. That is twice as much as the other studies found. That’s why we are convinced that cannabis stocks will become the type of sector with mega returns in 2019 and/or 2020. Stock Advisor launched in February of 2002. Cannabis products are diverse, and the popularity of hemp is creating more opportunities for the industry, especially in consumer packaged goods. Moreover, options market trades imply 3.30%–50.94% upside going forward. Top notch forecasting with gold price forecast, many stock predictions, cryptocurrency charts. Many investing tips and crypto market analysis. Aurora Cannabis (ACB) ended 2019 with an executive shuffle that might have just started. This is how the price of the upper channel evolves: That’s why we set our price forecast right above $20 for 2020. His methodology is unique and effective, yet easy to understand; it is based on chart analysis combined with intermarket / fundamental / sentiment analysis. On December 24, after the news about ACB’s CFO departure, Jefferies downgraded the company. Twitter: twitter.com/investinghaven. We envision some sort of blow-off top in each of these cannabis stocks, which is where we set our price targets as part of our cannabis stocks forecasts. Singer doesn't plan to hang on to the position, and that means there will likely be a polished executive from another industry that will take over at some point. They have been all around with a corporate restructuring and have grown their outstanding shares (shareholder dilution). His price target now comes in at $2, and he’s keeping a “sell” rating for the company. Our Cannabis Stocks Canada forecast published half a year ago predicted the continuation of this raging bull market in cannabis stocks. So far it seems that are spot-on. Trading at $1.68 as of the close on Feb. 20, Aurora's stock is trading at around nine times its sales, which is a competitive price in the industry. If the options buyer plans to hold the options until the expiration, the price needed to earn a profit would be $3.20—if we’re not taking into account costs and commissions. One of our absolute favorites is Organigram Holdings (symbol OGI.V). We wrote about this extensively in our 10 Tips To Master Investing Without Emotions. Sales of edibles and the launch of more pot shops in Canada should make for a stronger year for Aurora in 2020.