Pot stocks are full of speculation. This industry went full hype-cycle in 2018, with valuations soaring 1,000% or more. The downturns of 2019 and 2020 scared off many of these overly enthusiastic investors. But don’t give up! There’s one cannabis producer that has what it takes to generate immense long-term gains. This is how to profit with cannabis You can…
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Curaleaf Stock’s Parabolic Move Has Only Just Started
The cannabis sector has moved from red hot to white hot of late. Large players such as Curaleaf Holdings (TSXV:CURA) have seen absolutely incredible share price appreciation in a relatively short amount of time. Indeed, over the past year alone, shares of Curaleaf have nearly tripled. Here’s why I think this move is not temporary and could hold water for some…
Read MoreBUY ALERT: 1 Top Dividend-Growth Stock for Your Portfolio
There aren’t many stocks that both dividend and growth investors can agree on. Normally, dividend stocks appreciate much too slowly for growth investors to care about. But growth stocks usually don’t pay a dividend, which is pretty much the point in dividend investing. What about a company that pays a strong, reliable dividend and has shown market-beating performance over the…
Read MoreHEXO (TSX:HEXO) Stock at $10: Will Shares Double Again?
HEXO (TSX:HEXO)(NYSE:HEXO) is one of the best-positioned pot stocks on the market. It has a validated business model that differentiates itself from the rest of the industry. It seems like others are catching on. Since the year began, shares have nearly doubled. Is the stock still a buy at $10? This stock was ready to roar Last year, just before…
Read More3 Cannabis Stocks to Buy Before U.S. Expansion
Cannabis stocks have been on a tear in 2021, all since the election south of the border. With the United States seeing several new states legalize recreational cannabis use, there was even more excitement when Joe Biden became President. His administration announced before the election it would see the decriminalization of marijuana under his presidency. While this isn’t federal legalization,…
Read More2 Growth Stocks to Buy and Hold Until 2024
Growth stocks are leading the market higher. If you want to make 250% returns in a month, this is where you need to be. Yet not all opportunities are equal. High potential often means high downside. But if you pick the right companies, you can add significant value to your nest egg. Want to get started? The stocks below are…
Read MoreAurora Cannabis (TSX:ACB) Stock: Down 34%
Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock has plummeted 34% in just the last 10 days. This is a dramatic fall, but it followed a period of strength. And today, Aurora Cannabis stock is still 40% higher year to date. So, what should we make of this? Why is Aurora Cannabis stock down 34% from its 2021 highs? And what does this mean…
Read More1 Top TSX Cannabis Stock to Play U.S. Legalization
Biden’s win, in concert with a Democratic Senate majority, has cemented expectations that cannabis legalization in the U.S. could be on the horizon. Indeed, the potential for U.S. legalization is a massive catalyst. Investors in cannabis stocks today are really making long-term projections for how this sector will develop. The U.S. cannabis market is absolutely massive, and legalization would be…
Read MoreWhy Cannabis Investors Should Avoid ETFs Right Now
Investors looking to put some money to work in the cannabis sector may be considering buying an exchange-traded fund (ETF) to do so. By spreading one’s bets across a number of different companies, the thought is that investors are able to gain diversification and maximize returns. In this context, Horizons Medical Marijuana Life Sciences ETF (TSX:HMMJ) is a top choice for…
Read MoreHas the Cannabis Bubble 2.0 Popped?
The recent parabolic rise we’ve seen in cannabis stocks came to an abrupt end on Thursday and Friday this past week. This was reflected in shares of the Horizons Medical Marijuana Life Sciences ETF (TSX:HMMJ). This ETF tracking the broad cannabis sector ended the week down nearly 30% from its peak on Wednesday. Investors may now be wondering: Does this mean the cannabis…
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