Tuesday was quiet on Wall Street, and major stock indexes edged lower without straying too far from where they started the session. Market participants seemed content to wait for more definitive news on key issues, including global trade, economic growth, and the U.S. debt ceiling. However, analysts spoke up about some promising stocks, sending their share prices higher. Aurora Cannabis (NYSE:ACB),....More>>>
Check out the companies making headlines before the bell:
Lennar — The homebuilder fell a penny a share short of estimates, with quarterly earnings of 74 cents per share. Revenue also missed forecasts, despite a 24 percent jump in new orders and a 30 percent increase in deliveries.
WellCare Health Plans — WellCare agreed to be bought by rival health insurer Centene in a cash-and-stock....More>>>
Walmart is turning up the heat on Amazon on both sides of the Pacific.
America’s biggest retail chain said late Thursday it would start selling e-books and audiobooks online for the first time later this year.
The shift will bring the company into even closer competition with Amazon (AMZN), which started out as an internet bookseller but has grown into all-encompassing retail....More>>>
Penny stock investing is notoriously risky, which is why many investors are right to worry about penny stock scams. Without knowing what traps to look for, these penny stock scam companies can steal your hard-earned money.
VideoStrategies for Picking Penny Stock Winners
Today, we’ve done the research for you so you can avoid these scams and safely invest in penny stocks.
Canadian Pacific Railway (NYSE:CP) (TSE:CP) had its target price increased by Stifel Nicolaus from $200.00 to $207.00 in a research note issued on Thursday. The brokerage currently has a “hold” rating on the transportation company’s stock. Stifel Nicolaus’ price objective points to a potential upside of 6.17% from the stock’s current price.
A number of other....More>>>
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>>>
Penny stocks are so attractive thanks to their explosive potential. These stocks trade for just dollars, or even pennies, and can post triple- or even quadruple-digit gains in a matter of days.
Take Marathon Patent Group Inc. (Nasdaq: MARA) for example. Shares of this penny stock soared 341% in just four days during the week of Thanksgiving.
That’s why we’re bringing....More>>>
Earnings season can be one of the most lucrative times of the year for stock traders.
Just take a look at Money Morning Quantitative Specialist Chris Johnson’s track record.
He banked a 224% profit on Best Buy Co. (NYSE: BBY) after its May 2017 earnings report, 151% on Deere & Co. (NYSE: DE) in May 2017, and another 100% gainer in only 18 days after Alibaba Group Holding....More>>>
New Gold (NYSEMKT:NGD) is a mid-tier gold producer, poised to become one of the gold majors. The Canadian company operates four gold mines located in safe jurisdictions (Canada, USA, Australia, Mexico) and it develops two new major gold mines. The Rainy River mine is under construction and it should be completed in summer of 2017. The Blackwater mine is in the permitting process, with the start....More>>>
The big day is now less than four weeks away. On June 7, Canada’s Senate will vote on bill C-45, which is better known as the Cannabis Act. This bill aims to make recreational marijuana legal for purchase by adults 18 years of age and over. If approved by the Senate, the Cannabis Act likely will move swiftly through Canada’s federal government, allowing it to become the first developed....More>>>
An Obama-era executive order that allows spouses of H-1B holders to work and open a business in the United States enabled Alpa Gajera to build her restaurant business.
But now the Trump administration has said it plans to propose to revoke that rule — a move that could threaten to shut her operation down.
Gajera, who is originally from India, is in the United States on an....More>>>
This has truly been a year of “marijuana firsts.” Since the year began, we’ve seen the following:
The largest marijuana deal in history, with Aurora Cannabis acquiring CanniMed Therapeutics for $852 million, followed by Aurora’s offer to buy Ontario-based MedReleaf for $2.5 billion. This latter deal is still pending. Two over-the-counter-listed Canadian pot stocks....More>>>
Imagine having the magical ability to name your price for whatever stock you desire.
Rather than being forced to pay market price your strategy allows you to pay what you consider to be a fair price for any stock. Think about the advantage you would have!
Well, winning investors often pay not a penny more than they wish for stock, regardless of where the shares are presently trading.
Today, we’re bringing Money Morning readers the two top penny stocks to watch in June 2018.
Penny stocks can give investors tremendous gains with very little upfront investment. However, while a select few penny stocks have tremendous growth potential, many penny stocks lack the strong financials necessary for growth. These penny stocks pose a risk to investors.
If you’re a newer investor hoping to learn how to place your first stock trade online, by the end of this article, you’ll know exactly how to buy penny stocks online.
Whether you want to buy shares of a reliable blue-chip company like Coca-Cola Co. (NYSE: KO)…
…or take a chance at 207% returns in just 49 days with penny stocks like Neptune Technologies....More>>>