As you likely know, pot stocks are back in style. With the “blue wave” in Georgia, the Democratic Party now adds control of Congress atop its Presidential victory in November. This bodes well for Sundial Growers (NASDAQ:SNDL). Why? The election results greatly improve the chances that marijuana is legalized on the U.S. Federal level. That
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When it comes to growth stocks, we often look to the tech sector. However, some investors are a little nervous about big technology and social media giants these days. Most of the FAANG stocks are under increasing scrutiny. The prospect of government actions over monopolistic behavior is looming. One way to invest in a big
It’s been a quiet week for the markets as we head into a few major earnings reports to watch. In fact, all three major indices have traded mostly sideways. This includes the S&P 500, which actually has fallen more than 1% over the past four trading sessions. That said, it may well stay quiet. The
With society becoming more progressive — a trend well underway before the 2020 election — it was inevitable that cannabis-based products would become all the rage. But cannabis-based investments have become a different story. While the narrative made sense, the relatively low barrier to entry, among other factors, have kept a lid on momentum. Thus,
Stocks took a breather today heading into the weekend. We all need a break once in a while, right? Source: Shutterstock After President-elect Joe Biden unveiled a plan for an additional $1.9 trillion in stimulus, the market didn’t rally as many had expected. Still, the news was important, and I discuss Biden’s proposal on today’s
I recently suggested that if you could only invest in one clean energy stock — FuelCell Energy (NASDAQ:FCEL) or Plug Power (NASDAQ:PLUG) — I would go with PLUG over FCEL stock. Source: Kaca Skokanova/Shutterstock That was before I even realized that Plug Power had snagged a $1.5 billion investment from SK Group, one of South
My coworkers laugh at me almost every time I talk about it, but I’m telling you right now … Source: General Motors Get ready for flying cars. I’ll pause for a moment if you also want to laugh, but I’m 100% serious. And remember you heard it here first. Because … At the 2021 Consumer
With Joe Biden heading to the White House, some of the top winners could be marijuana penny stocks. For one, with Democrats in control of Congress, Piper Sandler analyst Michael Lavery says it “could help provide better access to capital, alleviate operating headwinds, and help drive industry growth.” Two, Biden selected Xavier Becerra to serve
What if I told you that you could retire… On a single $2 stock. You’d probably say I was crazy. But today I’d like to share a new investment opportunity with you…. One with the potential to transform a tiny initial stake into a small fortune. My name is Matt McCall. I’ve spent the last
Shares of electric vehicle maker Canoo (NASDAQ:GOEV) are on fire this morning after the Verge reported that it held talks with Apple (NASDAQ:AAPL) about a possible investment or a takeover. GOEV stock jumped as high as 30% in pre-market trading Wednesday. Source: Shutterstock An Apple EV has garnered quite the buzz in recent weeks, as Barron’s noted
Despite what appeared to be a catastrophic harbinger in the form of the novel coronavirus, certain market segments performed outstandingly in 2020. One of the biggest of course was electric vehicles. With their mechanically less-convoluted design, EVs represented an ideal platform for many people during the Covid-19 lockdowns. And while the sector is off to
It’s official. There will be a Blue Wave in Washington, D.C. for the next two years. Source: Shutterstock I know about half the country is happy while the other is disgusted. Me … I try to stay out of politics as much as possible in my research. However, it is important to take into consideration
Finding new growth stocks can be a risky endeavor. This is the case with Luminar Technologies (NASDAQ:LAZR) and with LAZR stock. Source: Oskari Porkka/ShutterStock.com At first glance, LAZR stock appears to be attractive – a slam dunk, even. But first impressions can turn out to be wrong in many circumstances. And an investor’s relationship with
One of the big topics for the gold miners in recent weeks has been the prospect of mergers and acquisitions. Analysts predict another round of consolidation for the industry in 2021, although they aren’t looking for mega-mergers. Instead, they expect to see a continuation of the trend in 2020 that brought a larger number of
For months now, I’ve been showing you a certain revenue projection in order to demonstrate just how large, important, and potentially profitable the switchover to 5G communication networks will be. Source: Shutterstock Source: Shutterstock In fact, I shared it with you just recently. Here’s how I put it: “Qualcomm Inc. (NASDAQ:QCOM) estimates that 5G networks will
To say that that I have some concerns about Kaixin Auto Holdings (NASDAQ: KXIN) is an understatement. Indeed, the thought of buying KXIN stock gives me the same feeling in the pit of my stomach when I am under a lot of stress or ate something that I should have avoided. Source: lumen-digital / Shutterstock.com
Los Angeles-based electric vehicle startup Canoo (NASDAQ:GOEV) began trading on Dec. 22 after completing its SPAC (special purpose acquisition company) merger with Hennessy Capital Acquisition IV. GOEV stock opened at $22.75. It has since lost 38% of its value. And that has a lot of investors paying attention. Source: Shutterstock Like many EV stocks, Canoo’s
Recently 400 employees at Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) formed a union (this was through the Communications Workers of America Local 1400). For the most part, the impact on Google stock is likely to be minimal – at least in the short-run. Keep in mind that the company has more than 260,000 employees. And of course, this
2021 is going to be a better year than 2020. That’s particularly good news for American Airlines (NASDAQ:AAL). After all, 2020 was an unsurprisingly ugly year for AAL stock. The novel coronavirus pandemic shut down the airline industry worldwide. Source: GagliardiPhotography / Shutterstock.com In the second quarter, American’s revenue declined 86% year-over-year. On an adjusted
I like a good friendly wager as much as the next guy … and I already won my first bet of 2021! Source: Shutterstock This wasn’t your typical bet, like whether my Philadelphia Eagles would beat The Washington Football Team last weekend. (Don’t get me started on that one.) And while I never gamble when