#7 - Green Thumb Industries (OTCMKTS:GTBIF)
If you’re looking for a potential blockbuster small-cap that’s still in the “green shoot” stage, you may want to look at Green Thumb Industries Inc. (OTCMKTS: GTBIF). This is a cannabis play, which brings some risk. The sector has fallen out of favor with investors and GTBIF stock is down 20.7% in 2024.
That said, the stock is up about 0.3% since the U.S. presidential election. That’s not much, but the growth is based on the idea that the Trump administration may be more agreeable to the legalization of cannabis.
If that occurs, a company like Green Thumb—which is already generating revenue—would be a stock to watch. The company is profitable, and earnings and revenue are growing, albeit not as fast as some investors would like. However, analysts have a $16.50 price target on GTBIF stock, which may make it worth a look for risk-tolerant investors.
About Green Thumb Industries
Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.
Read More - Current Price
- $7.93
- Consensus Rating
- Strong Buy
- Ratings Breakdown
- 5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $16.50 (108.1% Upside)
The small-cap stocks on this list are just a sampling of the stocks available to investors. You can find small-cap stocks in every sector. If you're not familiar with these names, take heart. Companies like Apple and Amazon were not household names when they were small-cap stocks. But if you had the foresight to invest in those companies in their infancy and held on to your gains, you've generated a significant gain.
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