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
A High-Priced Stock With an Even Higher Price Target? Judging by its nominal share price, Lam Research Corporation (NASDAQ:LRCX) looks expensive. Lam Research stock trades around $566.00 per share at the time of this writing, so to build a position of 100 shares, you’d need about $56,600. But here’s... Read more
Marijuana Stocks as a Global Market Let’s not mince words, federal U.S. marijuana legalization is an important topic. In fact, it’s easy to argue that it’s the most important future event that pot stock investors ought to be watching out for. And I’d agree. But that doesn’t mean it’s the... Read more
Pot Stocks in Holding Pattern After Reddit Spike Momentum toward marijuana stocks resurfaced with a vengeance after Joe Biden won the presidential election and offered a pathway toward the legalization of recreational pot nationwide. While we haven’t heard about the possibility of federal marijuana legalization yet, the House Democrats... Read more
