5 Best Marijuana Stocks to Buy Right Now

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1. Turning Point Brands, Inc. (NYSE:TPB)

Number of Hedge Fund Holders: 45

Alliance Global analyst Aaron Grey boosted Turning Point Brands, Inc. (NYSE:TPB )’s price objective to $135 from $110 on March 3, 2026, while keeping a Buy rating following the company’s fourth-quarter results. The analyst said that higher trade spending adds some volatility in net sales guidance. However, he anticipates significant sales growth in 2026, adding that the corporation might emerge as a leader in the modern oral pouch segment.

On March 2, 2026, Turning Point Brands, Inc. (NYSE:TPB) published fourth-quarter and full-year 2025 results, with Q4 net sales of $121.0 million, up 29.2% year on year, net income of $8.2 million, up 239.8%, and adjusted EBITDA of $30.0 million, climbing by 14.4%. The firm reported full-year net sales of $463.1 million, a 28.4% rise, with net income of $58.2 million and adjusted EBITDA of $119.5 million. CEO Graham Purdy pointed out that modern oral products fueled growth, with Q4 sales up 266% to $41.3 million.

Turning Point Brands, Inc. (NYSE:TPB) manufactures, markets, and distributes branded consumer items, including alternative smoking accessories and consumables containing active substances. It functions through three segments: Zig-Zag Products, Stoker’s Products, and Creative Distribution Solutions.

While we acknowledge the potential of TPB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TPB and that has 100x upside potential, check out our report about the cheapest AI stock.

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