Out Fox The $treet - July 16, 2020
Yext is a buy at $16. Aurora Cannabis is a buy on weakness to play a potential deal with 50% upside. Out Fox The $treet to launch soon! Stocks to watch on Thursday: Yext ( YEXT ) The digital knowledge management company should see a surge in demand as retail stores constantly shift open hours and services offered in store due to COVID-19. The stock has struggled to break strong resistance in the $17-18 range. A break would easily signal a run to previous highs. Investors need to keep in mind that Yext should return to 30% revenue growth rates once the economy normalizes. Even the worse case scenario in FY21 (January) includes 18.5% growth. The stock has constantly bounced off $16 offering another gift entry point. The Out Fox model remains highly bullish on the stock. Aurora Cannabis ( OTC:ACB ) As mentioned in the my research today, the Canadian cannabis stock is a buy on any deal with Aphria ( OTC:APHA ). The ...