It’s another up-and-down day as investors try to weigh what seems to be a strong U.S. economy and weakening global economy. This of course, makes it tough to bid up stocks to new highs, but at the same time, it’s hard to sell U.S. equities when it’s the best house in the neighb
On Sunday, the U.S. and China put trade tensions aside in hopes of reaching a stable and broad trade agreement. With previously at-risk stocks beginning to rise, there seems to be room for profit in these formerly questionable markets. Read on for three stocks that investors should reconsider as the trade war is put on hold.
Stocks to Buy
Norbord (OSB ) , a manufacturer of wood-based....More>>>
You’ve no doubt noticed that Canadian marijuana stocks are sizzling hot right now. Three stocks are performing especially well. Canopy Growth (NYSE:CGC) is up well over 80% so far in 2018. Cronos Group’s (NASDAQ:CRON) share price has more than doubled this year. Tilray (NASDAQ:TLRY), which conducted its initial public offering (IPO) in July, has seen its stock skyrocket more than 170%.
In roughly six and a half weeks, the day that Canadian Prime Minister Justin Trudeau, cannabis enthusiasts, and investors have long waited for will finally be here. On Oct. 17, the proverbial green flag will wave, allowing recreational marijuana to go on sale in licensed dispensaries throughout Canada. Though we’ve witnessed plenty of state-level expansion in the U.S., and observed roughly....More>>>
November has been a bad month for Clean Energy Fuels (NASDAQ:CLNE). The natural gas refueling company has lost around 10% of its value this month, with most of the decline coming after the company released mixed third-quarter results. I am saying mixed because Clean Energy had missed the top line estimate by around 6.5%, even though it trumped the earnings estimate by $0.02 per share.
Equities analysts expect Canadian Natural Resource Ltd (NYSE:CNQ) (TSE:CNQ) to post $0.74 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Canadian Natural Resource’s earnings, with the lowest EPS estimate coming in at $0.64 and the highest estimate coming in at $0.89. Canadian Natural Resource posted earnings of $0.15 per share....More>>>
Shares of the Canadian pot grower Tilray (NASDAQ:TLRY) gained as much as 13% on heavy volume Friday.
Given the lack of a discernible news event, Tilray’s shares appear to be simply resuming their monstrous uptrend that’s been ongoing pretty much ever since the company went public last July. Following this latest positive double-digit move, the company’s....More>>>
Thursday was a blockbuster day for the stock market at large, with major benchmarks soaring to new records. The Dow Jones Industrial Average set its first all-time high since January, rising about 250 points as investors felt more confident about a potential positive resolution to the trade tensions between the U.S. and several key trading partners. Looking more closely at certain sectors of the....More>>>
Units of midstream industry bellwether Enterprise Products Partners LP (NYSE:EPD) rose 12.5% in January, according to data provided by S&P Global Market Intelligence. That’s a pretty big move for this conservatively run limited partnership. It was also a dramatic reversal of 2018, when the $60 billion giant saw its price fall around 7%, with a couple of long up and....More>>>
Rockville, MD, based Investment company Burt Wealth Advisors buys International Business Machines, Canadian National Railway Co, Microsoft, Amgen, SPDR S&P 400 Mid Cap Growth ETF (based on S&P MidC, West Pharmaceutical Services, Charter Communications, Qiagen NV, IQ Hedge MultiIQ Hedge Multi-Strategy Tracker, iShares Morningstar Large-Cap, sells PIMCO Enhanced Short Maturity Active Exchange-Trad,....More>>>
A major marijuana deal was inked on Monday as Aurora Cannabis Inc (OTCMKTS:ACBFF) has agreed to buy MedReleaf as part of a $2.5 billion deal.
The deal will see Aurora Cannabis pay C$3.2 billion, or $2.51 billion, to make the merger happen, according to statements from both companies on Monday. This is the biggest deal to bring together major Canadian....More>>>
Editor’s Note: Michael pushed this out to his free Strategic Tech Investor readers last night. Now that they’ve had the chance to get ready, we want to make sure everyone has a chance to cash in here. To get Michael’s free tech- and pot stock-investing research for yourself each week, just click here. Here he is…
Bonavista Energy Corp (TSE:BNP) has earned a consensus recommendation of “Hold” from the ten brokerages that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the....More>>>
On Thursday, shares of Biogen (NASDAQ:BIIB) were hammered, falling more than 29% in just one session. Biogen stock was again under pressure on Friday, falling almost 3% on the day. The move puts the stock down massively on the week and below key support.
A few days ago, I wrote about the dental and medical distributor Henry Schein (HSIC). I included Henry Schein in my series "Preparing for the end of the cycle" as I would call Henry Schein a wide-moat company. And as Patterson Companies (PDCO) is operating basically in the same industry - both c