CA - Village Farms: Undervalued In Current Rally Improved Q1 Financials (Buy)
2024-05-27 10:32:40 ET
Summary
- Village Farms has reported improved financial Q1 results and has a good 2024-2025 outlook.
- The company’s stock has been on the uptrend along with the other Canadian cannabis LPs.
- Village Farms is undervalued and positioned for growth in Canada, US, and international markets.
- I change my previous rating for Village Farms, from a Hold to a Buy.
- I believe the timing is right for entrance into VillageFarms and I will consider its peers in the sector.
Village Farms ( VFF ) is up 58% over the last twelve months. News about the rescheduling of cannabis has caused rallies in the sector. Along with this synergy, the company has reported improved financial results within its Canadian cannabis segment and is well positioned for US and international cannabis markets....
Village Farms: Undervalued In Current Rally, Improved Q1 Financials (Buy)