Despite an incredible start to the year, Canopy Growth (TSX:WEED)(NYSE:CGC) has waned in recent months. Shares of this Canadian cannabis juggernaut have fallen nearly 60% from their peak earlier this year. Indeed, the entire cannabis sector, particularly in Canada, has felt this pain. Unfortunately, more pain may be on the horizon for these stocks. And Canopy’s current position as a…
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Canopy Growth (TSX:WEED)(NYSE:CGC) had an impressive start to the year. Indeed, Canopy Growth saw its stock price increase from under $25 per share to start the year to more than $70 per share in February. A near-tripling in approximately one month is some pretty insane momentum indeed. However, of late, shares of Canopy are back to trading below $30 per share.…
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Growth stocks continue to be volatile in today’s market. Indeed, there are many reasons for this. But perhaps the biggest catalyst driving valuations lower of late is rising inflation concerns and higher bond yields as a result. Indeed, whether inflation will ultimately prove to be transitory or not is the key question for investors today. That said, some growth stocks…
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Canopy Growth (TSX:WEED)(NYSE:CGC) has been making headlines of late. This time, the news centres on the company’s relationship with Canadian rapper Drake. Canopy Growth has announced it’s severing ties with Drake — a move that seems to have taken the market by surprise. Here’s what investors should make of this deal. Canopy Growth pulls the plug on Drake’s More Life In…
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Hexo (TSX:HEXO)(NYSE:HEXO) is an intriguing cannabis stock to assess right now. Indeed, Hexo’s stock chart is pretty incredible to look at. Similar to its Canadian peers, Hexo remains well off its speculation-fueled peak in 2019, where the stock was trading well in excess of $40 per share. Today, investors can pick up Hexo stock for around $8.50 at the time…
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Volatility has hit investors hard and fast over these past 15 months. Indeed, while volatility appears to have gone away, there’s always the potential this unwelcome friend could visit again. Indeed, growth investors have seen the pain volatility can provide over the near term. That said, there are great options out there for investors worried about how to handle volatility…
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Long-term investors are constantly on the lookout to find the best opportunities in every market. Today’s no different. Indeed, finding the highest-quality names to diversify one’s portfolio with isn’t an easy task. However, the TSX does have some gems providing great long-term upside. Among these, I think these three stocks are among the best in Canada right now. Here’s why…
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Although the Motley Fool believes in investing for the long run and avoiding speculative plays, there are seasonal buys that make more sense than others. By choosing the right industries to target at the right time of the year, there’s a decent chance of earning a higher return. In this article, I will discuss three stocks that could double your…
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The recent buzz around U.S. legalization has created a favourable environment for cannabis stocks. That said, cannabis stocks have not performed in sync of late. Some have done better than others. And investors will note that U.S. MSOs like Curaleaf Holdings (TSXV:CURA) have outperformed to a greater degree than their Canadian counterparts. I think this is warranted. Additionally, I think this…
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The cannabis market is hot now. Forget that, it’s red-hot at the moment. Cannabis plays have taken off, though not in sync as they previously have. It appears investors are starting to hand-pick names more than ever before. And unlike some of my other top cannabis picks, Aurora Cannabis (TSX:ACH)(NYSE:ACH) hasn’t done as well as some of its peers in…
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