Top 5 Stocks to Watch in April 11 2023

On April 11, 2023, Benzinga Pro announced the top 5 stocks that investors should watch. These stocks include Delta Airlines (DAL), Cronos Group (CRON), Eli Lilly and Company (LLY), Roblox Corporation (RBLX), and Woodward, Inc. (WWD).

DAL is expected to kick off the Q1 earnings season in the upcoming weeks, providing insight into the airline industry’s recovery from the pandemic. Meanwhile, CRON, a Canadian cannabis company, has expanded its global operations and recently partnered with a German pharmaceutical company to develop cannabinoid-based products for the European market.

LLY, a pharmaceutical company, has been actively developing treatments for various diseases, including Alzheimer’s and diabetes. Recently, LLY announced positive results from a clinical trial of a new drug for Alzheimer’s disease.

RBLX, a gaming company, has been experiencing rapid growth and announced a partnership with a Chinese tech giant to bring its games to the Chinese market. Lastly, WWD, an aerospace and industrial company, has been developing new technologies for the aerospace industry and partnered with a major aircraft manufacturer to develop new fuel-efficient engines.

Investors will closely monitor these stocks on April 11, 2023, to see how they perform in the market.

Cronos Group Inc. (CRON) – Global Cannabis Company with a Market Cap of $704.1M

Cronos Group Inc. (CRON) is a Canadian-based global cannabis company that operates in multiple countries around the world. On April 11, 2023, the stock opened at $1.86, lower than the previous close of $1.91. The day’s range was between $1.86 and $1.88, with a volume of 11,218 shares traded. Over the last three months, the average volume was 1,708,424 shares, and the market cap was $704.1M.

Cronos Group Incs Stock Expected to Increase by 50.38%: A Potential Investment Opportunity in the Growing Cannabis Industry

CRON Stock Expected to Increase by 50.38% According to Analysts

On April 11, Cronos Group Inc’s stock had a median target price of 2.83, according to data from CNN Money. This represents a 50.38% increase from the last price of 1.88. The ten analysts offering 12-month price forecasts for CRON have a high estimate of 3.68 and a low estimate of 2.10.

The consensus among 11 polled investment analysts is to hold stock in Cronos Group Inc. However, with the expected increase in stock price, some investors may consider buying more shares in the company.

Cronos Group Inc is a cannabis company that operates in the United States, Canada, and Israel. The company produces and sells cannabis products such as dried flowers, oils, and capsules. The company’s sales for the current quarter are expected to be $23.7 million, with earnings per share of -$0.04. The reporting date for these earnings is May 11, 2023.

Investors may be interested in Cronos Group Inc due to the growing cannabis industry and global reach. The company has partnerships with leading cannabis companies in the United States and Canada, as well as a joint venture in Israel. Cronos Group Inc’s focus on research and development may also appeal to investors looking for innovative companies in the cannabis industry.

According to analysts, Cronos Group Inc’s stock is expected to increase by 50.38%, making it a potentially attractive investment for those interested in the cannabis industry. However, investors should always research and consider their financial goals before making any investment decisions.

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