Entering A New Age Of Beverages

New Age enters 2019 with a new business and a large cash balance.
The company forecast $30 million in CBD-infused beverage orders.
The stock below $5 offers a tantalizing value with all of the potential catalysts.
The management team must shake off negative sentiment by beating Q1 revenue forecasts that appear conservative.
New Age Beverages (NBEV) hit lows below $5 as the market has clearly lost confidence in the company entering the CBD space before the general market. The company is entering a new age with the closing of the Morinda deal and a level of liquidity that would've help prevent the 2018 inventory issues. Despite a lot of known concerns, New Age is a play on a market shift to wellness and CBD-infused drinks that doesn't necessarily need success in order for the stock to rally.
Read the full article on Seeking Alpha.

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