This Pot Stock Has Fixed a Major Problem [The Motley Fool]
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: The Motley Fool
Marijuana is a growth industry with huge potential as it gets legalized in more and more U.S. states and countries around the world. However, as Wall Street is prone to do, investors got a little ahead of themselves on the investment front, bidding growers up to unsustainable heights. One supplier, however, has managed to build a real pot-related business that should hold up well through the emerging sector's ups and downs. And, more important, it has managed to address the biggest problem it was facing. Here's a quick primer on how this marijuana stock is standing out from the pack. Getting into the business At first blush, Scotts Miracle-Gro ( NYSE:SMG Image source: Getty Images A few years ago, however, Scotts realized that it had an opportunity to use this highly reliable business as the foundation on which it could build a faster-growing one. It wasn't looking to extend itself into a vastly new industry -- it was eyeing one that was similar enough to its core operations that it m
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News
- Is The Scotts Miracle-Gro Company (SMG) the Best Fertilizer Stock to Buy? [Yahoo! Finance]Yahoo! Finance
- Scotts Miracle-Gro's Q4 Earnings Miss Estimates, Sales Beat [Yahoo! Finance]Yahoo! Finance
- The most popular pasta dish in every state, according to Yelp reviews [Business Insider]Business Insider
- Results: The Scotts Miracle-Gro Company Delivered A Surprise Loss And Now Analysts Have New Forecasts [Yahoo! Finance]Yahoo! Finance
- The Scotts Miracle-Gro Company (NYSE: SMG) had its price target lowered by analysts at Truist Financial Co. from $90.00 to $70.00. They now have a "hold" rating on the stock.MarketBeat
SMG
Earnings
- 11/6/24 - Miss
SMG
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- SMG's page on the SEC website