2020: The Year of the Medical Marijuana Stock Something we’ve been documenting for a long while now is the slow but steady spread of medical marijuana legalization. In many parts of Europe, the entirety of Canada, and now a projected 40 states in the U.S., medical marijuana may be... Read more
Donald Trump & Tech CEOs Talk Education Education technology (EdTech) stocks are in the spotlight after President Donald Trump gave a speech at the World Economic Forum in Davos, Switzerland on January 21. On top of that, Trump had plans to meet privately with Apple Inc. (NASDAQ:AAPL) CEO Tim... Read more
CDC Says Illegal Products Responsible for Hospitalizations Here’s some good news for investors in vaping stocks. The U.S. Centers for Disease Control and Prevention (CDC) recently admitted that the rash of lung injuries that started in the summer of 2019 were linked almost exclusively to illegal marijuana vapes, not... Read more
U.S. Marijuana Sales Continue to Impress Making nearly $3.2 million in sales is a good day in any business sector. What it tells investors is that there are a lot of people hungry for what that sector is selling. Illinois earning that much in sales during the state’s first day... Read more
Thinking About Pot Stocks in 2020? Read This Booming industries can still have skeptics. No matter how fast a company’s business is growing, it’s never quite possible to have only bullish sentiment surrounding it. For instance, when Apple Inc. (NASDAQ:AAPL) was capitalizing on the expanding smart phone industry, there... Read more
Apple Stock Earnings Preview Usually, after a prolonged rally, there will be some sizable pullbacks. But Apple Inc. (NASDAQ:AAPL) stock doesn’t seem to be following this rule. Even though the Cupertino, California-based tech giant was already one of the largest companies in the world, its share price more than... Read more
Major Pot Stocks on the Rise Looking at the performance of marijuana stocks so far in 2020, we see strong gains that foretell even bigger moves in the near future. First, let’s look at the current state of the cannabis industry. Last year was the first full year of... Read more
CBD Stocks Jump as U.S. Moves Toward Legalizing CBD Products The U.S. took another big step forward in the march toward federal marijuana legalization. On January 13, House Agriculture Committee Chairman Collin Peterson, along with co-sponsors from both the Democrats and the Republicans, filed Bill 5587. (Source: “H.R.5587 – To amend the... Read more
IPO Hype Cuts Both Ways Don’t believe the hype. It’s a classic cliché that, when applied to the stock market, usually means don’t be taken in by all the glitz and glam; look for substance. There’s also a flip side to positive hype. Sometimes people hype up how disappointing... Read more
The Streaming Stock Wars Are About Content Something that many of the newcomer video streaming services have learned is that, in this world, content is still king. In that regard, old stalwarts of the industry remain on top. Shares of Netflix Inc (NASDAQ:NFLX) gained about 23% in 2019, and... Read more
