REFI: A Cannabis Market Outlier
Most stocks that are in cannabis are struggling yet REFI is knocking it out of the park and Wall Street loves it!
This is an example how a performing dividend yield company can weather the storms even if an entire sector is being beaten down. See the article on Yahoo Delivering Returns As The Cannabis Market Tanks. The article shows how Chicago Atlantic Real Estate Finance (NASDAQ:REFI) has emerged as a stable investment in the volatile U.S. cannabis sector, delivering returns even as the market faces turbulence. This strategic resilience is underscored in the latest equity research by Pablo Zuanic of Zuanic and Associates where they show:
- Strong Financial Performance: REFI’s loan book has grown steadily, and its stock has remained relatively stable despite market downturns.
- Consistent Dividends: REFI has maintained a high dividend yield, significantly outperforming Treasury rates.
- Superior Value: Compared to peers, REFI offers a premium valuation due to its strong growth and stable dividends.
- Positive Outlook: Analysts anticipate continued growth for REFI, driven by regulatory changes and industry expansion.
For dividend income investors, REFI presents a case study: Its consistent dividends, combined with its strong financial performance and positive outlook, make it a compelling choice for those seeking stable income and growth potential in the cannabis sector.
REFI is an example of the kind of returns and consistent payouts from financially viable companies even when there are sector issues. At High Fly Investing we maintain diligence on the stocks in our portfolio and review their earnings regularly, we take action not when the markets fluctuate but only when there is a need because of the individual company performance. Reminder: Check the weekly updates for actionable information regarding the portfolio.