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Out Fox The $treet: December 7, 2018

Stocks to watch on Friday:

Aurora Cannabis (ACB) - how the cannabis stock closes following the big Altria (MO) investment in Cronos Group (CRON) will signal where the stock heads in the short term. A $5 billion valuation for a pot grower with limited revenues remains an expensive valuation, but the stock holding $5.40 is a bullish step. More research: Aurora Cannabis: Up In Smoke?

FedEx (FDX) - the Amazon threat is far overblown for the package delivery service. The stock trades at 10x earnings and no real sign that the online retail giant is a threat. 

Cloudera (CLDR) - another strong quarter mostly ignored my the market. Buy these dips into the $12s. 

Disclosure: No position mentioned.