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Pyxus International Inc

Bob Byrne's bullish take on Pxyus International's pivot to cannabis is winning over investors

Proactive Investors contributor Bob Byrne says he's staying bullish on Pxyus International (NYSE:PYX), formerly Alliance One International, whose stock has shot up as much as $52 from below $20 in just over a month.

As Pxyus makes the shift from producing tobacco products to legal cannabis, Byrne says what attracted him to the stock was management’s vision and the story executives are pitching to its investors.

Andrew Left of Citron Research added to the company's story today, tweeting his faith in the company and giving a $65 price target.

Quick facts: Pyxus International Inc

Price: $14.80

Market: NYSE
Market Cap: $135.24 m
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