Canopy Growth, Tilray Brands, Constellation Brands, Innovative Industrial Properties and Jazz Pharmaceuticals are part of the Zacks Market Edge blog.
The average of price targets set by Wall Street analysts indicates a potential upside of 34.8% in Innovative Industrial Properties (IIPR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
If you're looking for such a bargain, consider buying Zoom Video Communications (NASDAQ: ZM), Innovative Industrial Properties (NYSE: IIPR), and Sea Limited (NYSE: SE). Zoom stock may be cheap at the moment for good reason. Also, considering it competes with much larger peers such as Microsoft and Cisco Systems, there's some skepticism about whether it can build a competitive communications platform.