Is Aphria (TSX:APHA) Stock a Buy After 2 Consecutive Profitable Quarters?

Aphria (TSX:APHA)(NYSE:APHA) just knocked it out of the park again. Yesterday, the company released its Q1 earnings, which showed an 848% year-over-year revenue-growth rate along with positive net and operating income. This isn’t the first time a large cannabis producer posted huge growth and profits in the same quarter. However, it’s the first time that any of the “big three”…

Read More

Why Is Aphria (TSX:APHA) Stock Falling Hard Today?

Aphria Inc. (TSX:APHA)(NYSE:APHA) stock is down 8.5% today, as investors probably continue to pour over the company’s second=quarter results that were released yesterday. At first glance, the quarterly result seemed to have offered cannabis stocks and cannabis investors a ray of sunshine and a ray of hope from the company’s results, which showed another quarter of positive earnings. So why…

Read More

Aphria (TSX:APHA) Earnings Drives Cannabis Stocks Higher

Shares of leading cannabis company Aphria (TSX:APHA)(NYSE:APHA) gained over 15% yesterday after its fiscal first quarter of 2020 (ended in August) results were released. Aphria reported sales of $126.1 million with adjusted earnings per share (EPS) of $0.07. Analysts estimated the firm to post revenue of $132.2 million with EPS of -$0.02. Though Aphria revenue missed estimates, it crushed the…

Read More

Aphria (TSX:APHA): A Lodestar Stock for Cannabis Newcomers

Outperforming. Turbulent. Oversold. Tumultuous. These are just a few of the words used recently to describe Aphria (TSX:APHA)(NYSE:APHA), one of the best-looking cannabis stocks in an increasingly embattled space. Investors favour it for its momentum and the fact that it’s on track for sustained profitability. After its quarterly earnings beat back in August, it was easy to see the bulls’…

Read More

Is Aphria’s (TSX:APHA) Stock a Buy or Sell Before Earnings on Tuesday?

Cannabis grower and retail giant Aphria (TSX:APHA)(NYSE:APHA) is set to release its first quarterly results for fiscal year 2020 on October 15 to an investor community that has been startled by a gloomy growth outlook from HEXO that triggered massive losses on industry stocks on Thursday. Could this earnings report alleviate pot market growth fears or worsen them? Aphria’s upcoming…

Read More

Is Aphria (TSX:APHA) Still the Best Marijuana Stock?

Aphria Inc (TSX:APHA)(NYSE:APHA) has been one of the best-performing marijuana stocks of 2019, falling only 13% compared to 24% for marijuana stocks as a whole. Its relative success was mainly thanks to a surprise Q4 earnings release, that showed $128 million in revenue and $15.8 million in earnings. The company’s cannabis operations were solidly profitable in the quarter, whereas other marijuana…

Read More

Aphria (TSX:APHA) Loses its Biggest Customer: Sell the Cannabis Stock?

News on Tuesday is that cannabis firm Aphria (TSX:APHA)(NYSE:APHA) has lost a major supply deal that could have materially benefited the company and its stock investors over the next five strong years, and the company could be liable to refund the customer and pay damages. What we know Aphria entered an initial five-year wholesale cannabis supply agreement with Emblem Corp…

Read More

Why Aphria (TSX:APHA) Stock Fell 10% Last Week

Last week was a rough one for Aphria Inc (TSX:APHA)(NYSE:APHA) shareholders, who saw their holdings decline by 9.74% in a single week. Although recent months have been bad for cannabis stocks in general, the sell-off in APHA is hard to explain, as the company has been performing better than its peers. Having posted positive net and operating income in its…

Read More

Marijuana Stocks: Top 3 Buys of All Time

No matter how muddled the landscape looks today, I consider Aurora Cannabis (TSX:ACB)(NYSE:ACB), Aphria (TSX:APHA)(NYSE:APHA), and Canopy Growth (TSX:WEED)(NYSE:CGC) as the top three buys of all time in the marijuana industry. I expect little in the near term, so I am basing my rankings on the growth potential and profitability in the long term. Top choice I don’t like Aurora’s…

Read More

Are Naysayers Right About Aphria (TSX:APHA)?

Aphria (TSX:APHA)(NYSE:APHA) is no stranger to controversies and negative publicity. Shares of the cannabis company started tumbling in early December because of alleged insiders’ mischief. A short-seller contends that Aphria is only a shell game with a marijuana business on the side. The charge was that the company bought its LATAM assets at inflated prices. After the Ontario Securities Commission found…

Read More