Should You Buy Sundial Growers Stock in March?

Sundial Growers (NASDAQ: SNDL) has been one of the hottest pot stocks of 2021. With a valuation of $2.03 billion, it is up 174% since the start of January (the Horizons Marijuana Life Sciences ETF is up 61% during that same time) as of March 3. But the gains have been largely due to speculation, as the company hasn’t released any financial results or announced a significant transaction with another pot sector player.However, in March, the company is going to release its year-end results, which could be a catalyst for even more speculation and trading activity. Could now be a good time to buy the stock, or is it too risky given that a new earnings report is just weeks away?Image source: Getty Images.Continue reading
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