Time to Check Out PLTR stock Long-term readers of Profit Confidential would know that we like tech stocks a lot here, but we’re not big fans of going after the most hyped-up tickers. The reason is simple: when a stock achieves astronomical gains very quickly, it almost always experiences pullbacks, and... Read more
An Important Reminder for Pot Stock Investors At the end of March, we saw another massive jurisdiction legalize recreational marijuana: New York State. Pot stocks saw a small but noticeable uptick following the legalization. But the surge hasn’t been, naturally, as large as it would be if we were... Read more
More States Legalizing Marijuana The last week of March will go down as one of the most momentous ones for marijuana legalization in the U.S. And that could be just the start. On March 31, cash-strapped New York State signed a bill legalizing recreational cannabis. With the stroke of... Read more
A 10-year moratorium on marijuana sales has been overturned by voters in Grand Junction. On Tuesday voters handily approved ballot questions 2A, Taxation on Regulated Marijuana, and 2B, Lifting Moratorium on Marijuana Businesses, according to voting results. On the 2A question: 9,235 voters said “yes”; with 7,309 voters casting... Read more
Is QCOM Stock a Top 5G Stock for 2021? 2021 is shaping up to be a great year for 5G adoption. And among the numerous 5G stocks on the market, Qualcomm, Inc. (NASDAQ:QCOM) could be ready for takeoff. Allow me to explain. Qualcomm has two main segments: Qualcomm CDMA... Read more
What You’re Missing About Pot Stocks Markets these days are anything but predictable. You have zombie companies roaming around—propped up by zero-percent interest rates—waiting to go under, retail investor rebellions against hedge funds, unpredictable block trading, and, oh yeah, a global pandemic upending global economic activity. But there’s one... Read more
Skyworks Solutions Inc Set to Profit From 5G Tailwinds Skyworks Solutions Inc (NASDAQ:SWKS) is proof that you can’t keep a good 5G stock down. The broader market may be showing signs of sputtering, but Skyworks Solutions stock continues to hold its own, rising 116% year-over-year and 20% year-to-date. Thanks to... Read more
Will Facebook Stock Surge in 2021? There are quite a few tech companies with dominant positions in their operating markets, but lately, investors in these tech giants may not be in the best mood. For instance, while the broad market has climbed to new highs, almost all the FAANG... Read more
Can Pot Stocks Be Recession-Proof? For the most part, pot stocks are considered to be near the higher end of the risk spectrum. And there’s a good reason for it: frankly, they’re some of the most volatile tickers in the entire stock market. And that reputation for being risky... Read more
Green Thumb Industries Stock at Record Levels & Just Getting Started Green Thumb Industries Inc (CNSX:GTII, OTCMKTS:GTBIF) is one of the most compelling U.S. pot stocks out there. And it’s one cannabis play I’ve been bullish on since 2018. While GTBIF stock has done well since then, it has... Read more
