Where to buy Sundial Growers (SNDL) stock: it’s gaining after release of Q1 report

Sundial Growers (SNDL) stock has been on the rise since Thursday 12, rising by 9.93% over the past five days.

The Sundial Growers stock has been on a general bearish trend since August 2019; when it was trading above $11. However, the majority of investors believe the drop would have been because of the Covid-19 pandemic and it is likely to rise this year.

Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

To help stock traders eying the SNDL stock, Invezz has created a brief article on what SNDL stock is and the best place to buy it.

To find out more, please continue reading.

Best places to trade SNDL Stock

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Firstrade

Firstrade is a leading online brokerage firm offering a full line of investment products and tools designed to help investors like you take control of your financial future. Since its founding in 1985, Firstrade has been committed to providing high value and quality services to help you reach your financial goals.

Register with Firstrade instantly

What is SNDL stock?

SNDL is the stock of Sundial Growers Inc. and it trades on NASDAQ under the symbol NASDAQ: SNDL.

Sundial Growers Inc. is a Canadian company headquartered in Calgary. It engages in the production and sale of cannabis products.

The company was incorporated in the year 2006.

On Oct. 7 it announced that it had acquired “all of the issued and outstanding common shares” of Alcanna Inc.

Should I buy the SNDL stock today?

If you are looking for an affordable stock of a company dealing with cannabis, the SNDL stock could be a good choice.

Although the SNDL stock has shown signs of bouncing back, the recovery is too slow and it could take time for the stock to get to the highs of 2019.

SNDL stock price prediction

The majority of stock analysts expect the Sundial Growers (SNDL) to rise above $0.5 by the end of the week and possibly get above $1 by the end of the second quarter of 2022.

Sundial Growers’ social media coverage