Why PTON Stock Could Be an Opportunity If you’ve been following markets long enough, you may have noticed that whenever there’s a sell-off, investors tend to first unload the stocks that went up the most. That means tech stocks could be in danger. And indeed they are. The tech... Read more
A Pot Stock Seeing Massive Growth The Canadian Maritimes, which consists of New Brunswick, Nova Scotia, and Prince Edward Island, is not a very populous region. Combined, these three provinces have around 1.9 million residents, which is a tiny fraction of the country’s total population of 37.9 million. Still,... Read more
Coronavirus-Driven Market Puts Emphasis on Pharma Stocks As you’d expect during a pandemic, those who make medicine are among the best situated to eke out a profit, even as most other stocks tumble. Considering that gold and bonds and other traditional safe-haven investments are falling at the moment, many... Read more
Glu Mobile Inc. Even More Attractive During Self-Isolation Mobile video game provider Glu Mobile Inc. (NASDAQ:GLUU) has recently seen its share price rebound significantly. The stock is up about 50% since mid-March. GLUU stock is being juiced by investor optimism over the impact that bored, coronavirus-quarantined consumers will have... Read more
Tesla Stock Is Positioned for Future Success It wasn’t so long ago that the big story of 2020 was the success of Tesla Inc (NASDAQ:TSLA). Tesla stock started the year hot, gaining as much as 100% before the novel coronavirus (COVID-19) derailed the economy. With TSLA stock falling, much... Read more
When Denver Mayor Michael Hancock announced recreational marijuana shops would be forced to close under the city’s stay-at-home order Monday, the response from customers was swift. They swarmed local dispensaries to stock up on products and caused enough of a stir that the mayor rescinded the moratorium just three... Read more
Coronavirus Outbreak to Drive Electronic Arts Stock Higher New York and California are in lockdown because of the coronavirus pandemic. The rest of the country will likely follow. This means plenty of time at home, looking for things to do. That’s where video game companies like Electronic Arts Inc. (NASDAQ:EA)... Read more
This Tech Stock Is Backed by a Strong Portfolio of Assets Given the worldwide outbreak of COVID-19—which has now become a pandemic—Chinese stocks that are listed in the U.S. are far from hot commodities at the moment. Indeed, with consumers scared to go outside and some regions still under... Read more
These Cannabis Stocks Are Prepared for a Recession The coronavirus (COVID-19) pandemic has upended global stocks, with cash-strapped investors still trying to determine how the bear market will impact the global economy, how long a recession could last, and how their favorite cannabis stocks will fare. Two of the... Read more
Marijuana Industry to Be on the Rise It doesn’t look like the best-case scenario is panning out for marijuana stocks in the United States. Of all the Democratic Party presidential candidates, it appears that the least friendly toward pot legalization, Joe Biden, is going to be the party’s nominee.... Read more