Sundial Growers' Price Target Just Jumped 20% -- but There's a Catch

Sean Williams, The Motley Fool
·5 min read
Sundial Growers' Price Target Just Jumped 20% -- but There's a Catch

Arguably the most popular pot stock of the bunch is Canadian licensed producer Sundial Growers (NASDAQ: SNDL). On online investing app Robinhood, Sundial is the fourth most-held stock, and it has been as high as No. 3, behind only Apple and Tesla Motors. It's no secret that weed will be a fast-growing industry over the next five to 10 years, and investors appear to be counting on Sundial to take advantage of this growth.