A solid industry, estimated revisions of solid profits


This is important because often a rising tide will lift all of the boats in an industry, as there can be big trends happening in a segment that stimulate headlines at all levels. This undoubtedly takes place in the Medical – Products space, as it currently has a Zacks ranking of 63 on more than 250 industries, which suggests that it is well positioned from this point of view, in particular compared to the other segments. .

Meanwhile, Aurora Cannabis is actually very good too. The firm has had solid activity revising earnings estimates over the past month, suggesting that analysts are becoming a little more optimistic about the firm’s short and long-term prospects.

Aurora Cannabis Inc. Price and consensus

Aurora Cannabis Inc. price-consensus-chart | Aurora Cannabis Inc. Quote

So if you’re looking for a decent choice in a solid industry, consider Aurora Cannabis. Not only is its industry currently in the upper third, but it is also seeing strong estimate revisions recently, suggesting that this may be a very attractive choice for investors looking for a name in this large segment of the industry.

Zacks has just released a special report on the booming investment opportunities in legal marijuana.

Inflamed by new referendums and new laws, this industry is expected to explode, from $ 6.7 billion already strong to $ 20.2 billion in 2021. The first investors are ready to kill, but you must be ready to act and where to look.

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Aurora Cannabis Inc. (ACB): Free Stock Analysis Report
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Aurora Cannabis Inc. (ACB): Free Stock Analysis Report

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