Undervalued Stocks in the Consumer CBD Market Present Buying Opportunity

There are many stocks in the consumer CBD that present significant buying opportunities based on difference between market and price targets
 

New York, NY -- June 19, 2019 -- InvestorsHub NewsWire -- via Cannabis Hempwire News Commentary

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With interest in the CBD market increasing on a weekly basis, there is lots of opportunity in the sector to take advantage of the wave of interest. There are many companies in the OTC that have positioned themselves to capitalize off the growing adaption of CBD products. Despite all the interest, there are some Company’s that remain undervalued compared to third party analysis, thus presenting buying opportunities. Today we will examine these companies

Right On Brands Inc. (OTC: RTON) , a CBD focused consumer brand company, yesterday had a report from Harbingers released that gave the Company a ‘Strong Buy’ rating with a $0.70 price target. This target is significantly higher than its current trading of $0.032, which presents a significant potential buying opportunity. The Company is fully reporting and is penny stock exempt, meaning that is more than a flash in the pan. This price target and report puts the Company on our radar, and offers a great opportunity now before there is more price appreciation.

American Premium Water Corporation (OTC: HIPH) is a CBD infused beverage and cosmetic company, was recently given a short term price target of $0.05-$0.06 by Ludlow Research. This is roughly 100% higher than its current trading of $.0.0275. The Company recently received financing at $0.40, so there remains upside beyond the short term play. HIPH has been volatile over the past 6-12 months, reaching as high as $0.132. There is certainly significant short and long term potential for this stock, as it has appreciated quickly in the past, and there are many catalysts that could push it back to its previous highs and beyond.   

Puration, Inc (OTC: PURA), a CBD infused beverage company, was recently issued a price target of $0.25 by Goldman Research, with a “Speculative Buy” rating and potential $0.35 target. The Company has projected to have $4million of revenues in 2019, and currently trades at $0.08. There is significant space to hit the target price, and the Company has been aggressive with expanded distribution across the country with its products. We see PURA having the potential to reach these targets in the mid to long term, certainly there is room for some price appreciation in the short term.

PotNetwork Holdings, Inc (OTC: POTN) has been another stock with growth potential that we have been watching. The Company generates more revenue (FY 2018 25.2mm) than the three other companies we discussed combined. POTN reached highs of $1.00 in 2018, and is certainly well undervalued trading at $0.075. There is huge potential with this stock to have run up, especially with its track record, investor base and underlying business. This is one company that we would not be sleeping on.  

Full Article Here: https://cannabishempwire.com/commentary/f/breaking-news---undervalued-stocks-in-the-consumer-cbd-market

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Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

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