Make no mistake: it’s still a time when you should be thinking about which cannabis stocks to sell, not which cannabis stocks to buy. Yes, based on the sheer volume of public comments submitted to the Drug Enforcement Administration (DEA) in support of a proposed rescheduling of marijuana, U.S. cannabis legalization progress seemingly keeps moving
Month: August 2024
In this article FIVN Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images Company: Five9 (FIVN) Business: Five9 provides intelligent cloud software for contact centers in the United States and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact
Retail giant Walmart (NYSE:WMT) was one of the best-performing stocks during the first half of the year. Year-to-date (YTD), WMT stock is up more than 32%, beating the S&P 500’s 14% gain. However, given the remarkable surge in value, many investment pundits remain skeptical about any further upside in the second half. Nevertheless, with its robust core
The United States’ switch from fossil fuels to green energy has been a hot-button issue for years. However, how fast those changes are implemented will depend on the government’s policies. In the U.S., the future of energy policy has proven to be quite divisive. As such, the upcoming election could see a major shift in
Blue-chip stocks are household names that have been around for many years. While most blue-chip stocks have been around for decades, some of them have been in business for more than 100 years. Seniority usually results in more market share and makes it more difficult for competitors to enter the industry, especially when monopolies and
The Palisades Nuclear Generating Station in Covert, Mich. John Madill | The Herald-Palladium | AP The Palisades Power Plant on the shores of Lake Michigan had become a piece of history, a relic of an era when nuclear energy was viewed as the future. The reactor in Covert, Michigan, about 70 miles of southwest of
Why is earnings season the perfect time to make your move? Earnings announcements lead to market volatility. So, this allows investors to bag top-quality stocks at a discount. The ongoing mixed earnings season has led to a dip in several stocks. And, while it could be a temporary reaction, it can allow you to load
There are 58 analysts covering Tesla (NASDAQ:TSLA) stock. Of those, 24 still rate it a Buy. Amazingly, the average price target of the analysts is $213.45, 4% below where it is currently trading. How is it possible 24 of 55 Wall Street analysts have a Buy on the stock and yet, their target prices are
The electric vehicle industry is evolving significantly as it matures and more competition enters the fray. Consequently, we’re witnessing multiple dynamics play out, including pricing wars, the introduction of new models and technology enhancements. Only the most nimble and innovative will survive in such a hotly competitive industry. Unfortunately, for Lucid Group’s (NASDAQ: LCID) investors,
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 4, 2024. CNBC Warren Buffett is not done selling Bank of America. Berkshire Hathaway shed a total of 19.2 million BofA shares on Tuesday, Wednesday, and Thursday for almost $779 million at an average selling price of $40.52 per share, according
If you’re looking for an index to buy-and-hold, you shouldn’t consider the Russell 2000. It makes no sense to follow a benchmark that has historically underperformed the S&P 500 and Nasdaq Composite for many years. However, this same underperforming index offers great investment opportunities. Stocks often find themselves in the Russell 2000 long before they
After a weak July jobs report released Friday morning, in which unemployment unexpectedly spiked to 4.3%, Wall Street worries that the U.S. economy may plunge into a recession. On the face of it, those fears seem legit: The S&P 500 dropped 1.84%. The Nasdaq Composite lost 2.43%, knocking the tech-heavy index down more than 10%
For many investors, recognizing that a stock is overvalued can be a difficult task when the broader media is lauding its accomplishments. Yet a healthy bump in earnings or revenue can often translate into an overvaluation in a short amount of time. This has been especially common in the artificial intelligence industry, which has led
In this article ZE594-CN BAC AAPL BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Berkshire Hathaway‘s highly scrutinized cash pile could top $200 billion — more than the entire annual
Cannabis stocks have been through an extended period of depression. Overcapacity, regulatory headwinds, competition, and cash burn have contributed to the decline in the cannabis industry. However, markets react to extremes and I believe that cannabis stocks are undervalued. In addition to this, the regulatory environment is getting friendlier. Germany legalized recreational cannabis this year and I
The stock market is taking a breather after a 20% run higher this year. According to Fidelity, that was mostly driven by tech stocks, which are up 25% year-to-date. Dig a little deep, though, and we see the S&P 500 is once again mostly driven up by the same forces that allowed the index to
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In general, I’m quite bullish on the healthcare sector. Many of the names in the space have extremely low valuations because a high percentage of investors irrationally believed that healthcare companies could never perform well when interest rates were high. What’s more, a multitude of firms within the sector should be helped by lower interest
Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in Shanghai, China, on July 22, 2024. Costfoto | Nurphoto | Getty Images Check out the companies making headlines in extended trading: Intel — The chip stock sank 17%. Intel said it would suspend its dividend in the fiscal fourth