High Tide Burns the Meme Stock Oil. Buy and Hold HITI for the Long-Term.
- Date: 20-Jun-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Gulf
High Tide Burns the Meme Stock Oil. Buy and Hold HITI for the Long-Term.
Shares of High Tide (NASDAQ:HITI) popped Friday on meme hype, closing at $7.50. Ignore the hype, and focus on the company.
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Every industry needs a centralized retailer. Centralized retailers offer consistency of price, experience, inventory and convenience. For cannabis, that could be High Tide.