Thursday, May 02, 2019 9:17:49 PM
ACIA - Strong growth and rewards in Acacia. +140% gain in 1 year!
May not be a name that many investors are familiar with but since its IPO , it has suffered the same issues as most, quick spike and very quick drop , losing investor confidence and seen as trading equity only. Investors are starting to take notice due to its outstanding growth and 140% return for investors in 1 year. Although at its current levels, it is at a very high P/E and above its average Analysts rating, we still think potential is enormous. We will be waiting to see how it reacts after earnings for a better entry level.
May not be a name that many investors are familiar with but since its IPO , it has suffered the same issues as most, quick spike and very quick drop , losing investor confidence and seen as trading equity only. Investors are starting to take notice due to its outstanding growth and 140% return for investors in 1 year. Although at its current levels, it is at a very high P/E and above its average Analysts rating, we still think potential is enormous. We will be waiting to see how it reacts after earnings for a better entry level.
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