Tilray was the first cannabis company to trade publicly on a major US stock exchange, NASDAQ, in 2018 ($TLRY). The company boasts a wide variety of cannabis formats in multiple countries.
TurboTrading Founder Robert Knight picked $TLRY on the TradeExchange app. The stock was up 123% in the past 6 weeks as of January 29, 2021.
Knight said, "With the new administration now confirmed, the Feds are now more likely to legalize pot. As such, there is keen speculation that the sector will show strong growth over the next 2 years. TLRY is one of the main players and is lagging. Look for it to catch up with the rest of the sector, especially compared to CGC."
The pick was featured in Trade Exchange's "Top Trades - Late January."
What is Trade Exchange?
Make Trade Exchange one of your go-to applications for stock market information. It's full of verified experts sharing their market ideas with fellow users. Bob Knight is one of those experts.
Trade Exchange allows you to receive investment ideas in real-time, including:
What to buy
What price to pay
When to sell
With the Trade Exchange app, you receive notifications of these ideas as soon as they're available. Every idea is tracked for performance. You can choose whether or not you accept or decline them. You can take action immediately. The power is in your hands.
And, you only pay for winning ideas.
Use our affiliate link to sign up for Trade Exchange here: https://blog.tradeexchange.com/publisher/turbo-trading/