5 Best Tobacco and Cigarette Stocks To Buy

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In this article, we discuss 5 best tobacco and cigarette stocks to buy. If you want to see more stocks in this selection, check out 10 Best Tobacco and Cigarette Stocks To Buy

5. WM Technology, Inc. (NASDAQ:MAPS)

Number of Hedge Fund Holders: 15

WM Technology, Inc. (NASDAQ:MAPS) is a California-based company providing ecommerce and compliance software solutions to retailers and brands in the cannabis market in the United States, Canada, and internationally. It is one of the best tobacco stocks to buy. The company offers Weedmaps marketplace, enabling cannabis users to browse cannabis products from retailers and brands, as well as reserve products from local retailers. 

On November 8, Canaccord analyst David Hynes maintained a Buy rating on WM Technology, Inc. (NASDAQ:MAPS) but lowered the firm’s price target on the shares to $4.75 from $6. The analyst said that the firm is doing what it can in a tough market.

According to Insider Monkey’s Q3 data, 15 hedge funds held stakes worth $26.8 million in WM Technology, Inc. (NASDAQ:MAPS), compared to 14 funds in the prior quarter worth $47.7 million. Richard Mashaal’s Rima Senvest Management is the biggest stakeholder of the company, with 7.35 million shares worth $11.8 million. 

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