Replies to post #6161 on Cronos Group Inc (CRON)

[ZenMan 111]

This is from Zacks:
CRON is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for CRON's full-year earnings has moved 166.67% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that CRON has returned about 33.69% since the start of the calendar year. Meanwhile, stocks in the Finance group have gained about 10.04% on average. This means that Cronos Group is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CRON belongs to the Financial - Investment Management industry, which includes 52 individual stocks and currently sits at #77 in the Zacks Industry Rank. On average, this group has gained an average of 14.74% so far this year, meaning that CRON is performing better in terms of year-to-date returns.
Going forward, investors interested in Finance stocks should continue to pay close attention to CRON as it looks to continue its solid performance.
You are right “Jack Tripper99”. The writers don’t want to see this!
https://finance.yahoo.com/news/cronos-group-cron-outpaced-other-133001703.html

[oatsuzn]

Motley Fool has two writers that absolutely hate CRON. Not even gonna mention their names, they're so annoying. They both seem to have a hard on for anything CRON related.

It all comes down to their view on the Cannabis industry as a whole. They're very close minded. They believe the only way in this industry is to be the largest cultivator. They believe Cannabis will become one huge commodity. And that's fine to look at Cannabis that way but to ignore ALL the other higher margin derivative products that this sector will think of, design and innovate is just stupid and short sighted IMO.

Every time someone mentions Cannabis as a commodity to me, I say "yeah, it'll be a commodity at some point but how many coffee bushes does Starbucks grow every year? How many coffee beans does Dunkin grow every year?". The answer is they don't. 20 years ago, to NOT invest in Starbucks based solely on coffee bush cultivation would be STUPID. The coffee beverage market has been so tweaked that Starbucks, Tim Horton's and Dunkin have 20 other higher margin specialty drinks on the menu. It's beyond dumb to look at the Cannabis sector in that manner.

I say let all these other LPs spend a gazillion dollars and dilute their companies into oblivion trying to grow a billion plants. Cron will just buy their surpluses at a penny on a dollar and turn it into higher profit derivatives. Altria does the same.