Tilray Inc. (NASDAQ: TLRY) is one of Wednesday’s best-performing stocks.
If you want to invest in Tilray shares, or if you just want to find out more about the company, this article should help you. In it, you can find all of the key information you need about the company and its future investment prospects.
To start things off, and to help those of you who want to buy Tilray stock right away, check out the section directly below. Here you can find our analysts’ selection of the best places to buy Tilray stock right now.
How & where to buy Tilray stock online
To buy Tilray stock, click on one of the links below, fill out some basic info, fund your new account via a compatible source, then search for TRLY shares on the website or mobile interface. Enter the number of shares you want to buy, then execute your transaction.
Here are the two best platforms to buy, sell and trade Tilray shares in the UK and worldwide:
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What is Tilray?
Tilray is a Canadian cannabis company. It sells cannabis for medicinal and recreational use in the North American market. In 2021, it merged with Aphria, another cannabis company in Canada, to become one of the largest weed players on the market.
The company has surged in value following positive and profitable financial results that read as follows: GAAP earnings of 18 cents a share, revenue up 25% to $142.2 million, and free cash flow of $3.3 million compared to a cash burn of $28.3 million a year earlier.
Should I buy Tilray stock today?
If you think these strong financials are just the beginning of Tilray’s resurgence, now may be a good time to invest. Just be aware of the risks and do your own research before putting any money on the line. Most importantly, never invest what you can’t afford to lose.
Tilray price target 2021
Our 12-month Tilray price forecast is as follows: a high of $23, with a median of $17 and a low of $1.27.