In an undervalued stock pick today, I wanted to highlight Neutra Corp., ticker symbol NTRR. The stock has dropped to .155 per share today, and I personally bought shares at around .23 per share. I believe this is a pot stock that definitely has the ability to rise here. Particularly, I am looking for a bump near November elections. Aside from marijuana, the company has the ability to earn from other industries as well.
Right now, the company released a statement indicating that New York may be next to legalize cannabis. Its other businesses include coatings for indoor and outdoor surfaces. In the pot sector, I remain bullish on this stock and think it could be highly undervalued. It is a penny stock and these are risky, but I like it a lot more than other penny stocks right now. Disclosure, I am long NTRR.
Right now, the company released a statement indicating that New York may be next to legalize cannabis. Its other businesses include coatings for indoor and outdoor surfaces. In the pot sector, I remain bullish on this stock and think it could be highly undervalued. It is a penny stock and these are risky, but I like it a lot more than other penny stocks right now. Disclosure, I am long NTRR.
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