Looking forpot stocks to watch? Savvy investors around the world are because the growing legalization of marijuana is the biggest investing news of 2017.
Last November, states including Maine, California, and Massachusetts voted to legalize cannabis recreationally.
This spring, Canadians are expected to vote on making pot legal nationwide.All that means that sales of marijuana – already robust – are likely going to be growing by leaps and bounds.
Last year, legal marijuana sales in North America totaled $6.7 billion.
That’s impressive, but it’s not as impressive as projected 2020 sales figures.Pot sales are expected to reach $22 billion by 2020.
That’s a skyrocketing 225% climb in just four years.
BRILLIANT: Average Americans Are Becoming Marijuana Millionaires
Top 10 High Tech Stocks To Watch For 2017: Dynamic Materials Corporation(BOOM)
- [By Andrew Efimoff]
WTI crude oil plunged 3.11 percent on Friday to $48.99 a barrel. Below are the biggest energy losers for the day:
California Resources Corporation (NYSE: CRC): -19.22% Dynamic Materials (NASDAQ: BOOM): -12.39% Clayton Williams Energy (NYSE: CWEI): -11.45% Dynergy (NYSE: DYN): -11.91% EP Energy Corporation (NYSE: EPE): -11.20% Mexco Energy (NYSE: MXC) -10.90% Whiting Petroleum (NYSE: WLL) -10.79% Southwestern Energy Company (NYSE: SWN) -10.79% SM Energy Company (NYSE: SM) -10.38% Real Goods Solar (NASDAQ: RGSE) -10.34%
Posted-In: Commodities After-Hours Center Markets Movers
Top 10 High Tech Stocks To Watch For 2017: Dermira, Inc.(DERM)
- [By Ben Levisohn]
Current market dynamics, particularly in the SMID biotech universe, provide a plethora of opportunities for the company to augment the breadth and depth its pipeline in its core therapeutic areas, including neurology, ophthalmology and dermatology, where innovation is rife and where consolidation of some of the smaller players in the space is likely, in our view. Stocks in our SMID coverage universe that could potentially constitute future acquisition targets forAllergan include Aclaris Therapeutics (ACRS) and Dermira (DERM) (both have mid- to late-stage dermatology assets in development). We note with interest the collaboration with Heptares announced yesterday evening for the development of several M1, M4 and dual M1/M4 agonists in development for a variety of neurological diseases, including Alzheimers disease. Notwithstanding this above, larger scale transactions of course cannot be ruled out, and we note todays market commentary (Fox Business) regarding the po tential sale of Valeant Pharmaceuticals International’s (VRX) Bausch & Lomb unit. It is reasonable to assume thatAllergan could be a bidder for this asset, given the companys presence in ophthalmology, as well as CEO Brent Saunders familiarity with the asset (he was the CEO prior to its sale toValeant in 2013 for $8.7bn). At the time of its sale to Valeant, B&L was generating c.$3bn in revenues and growing at a double-digit rate. Current sales of the asset are unclear due to the reporting structure of Valeant, as well as concerns regarding the companys operating/ pricing strategy.
Top 10 High Tech Stocks To Watch For 2017: Grifols, S.A.(GRFS)
- [By Monica Wolfe]
Grifols SA (GRFS)
Paulsons fourth largest holding is in Grifols SA where he holds on to 19,786,279 shares of the companys stock. His position in the company represents 4% of his total portfolio and 5.76% of the companys shares outstanding.
Top 10 High Tech Stocks To Watch For 2017: Dynavax Technologies Corporation(DVAX)
- [By WWW.KIPLINGER.COM]
Add Dynavax Technologies Corp. (DVAX) to the list of biotech stocks to watch on or a little before Dec. 15. Thats when the company is going to get a yay or nay from the Food & Drug Administration about Heplisav-B as a treatment for hepatitis B in people with type 2 diabetes
Top 10 High Tech Stocks To Watch For 2017: EPAM Systems, Inc.(EPAM)
- [By Anders Bylund, Chuck Saletta, and Brian Feroldi]
Read on to see why they pickedAllstate(NYSE:ALL),EPAM Systems(NYSE:EPAM), andUniversal Display(NASDAQ:OLED).
Image source: Getty Images.
Top 10 High Tech Stocks To Watch For 2017: Allscripts Healthcare Solutions, Inc.(MDRX)
- [By Benzinga News Desk]
Goldman Sachs (NYSE: GS) has at least one billion reasons to hope President Trump’s paring back of Dodd-Frank will include the Volcker Rule: Link
ECONOMIC DATA 10:30 a.m. Dallas Fed Manufacturing Business Index 11:30 a.m. 6-Month Bill Auction 11:30 a.m. 3-Month Bill Auction 1 p.m. 2-Year Note Auction 1:15 p.m. Chicago Fed President Evans Speaks 6:30 p.m. FOMC Member Kaplan Speaks ANALYST RATINGS Piper Jaffray upgraded Best Buy Co (NYSE: BBY) from Neutral to Overweight Wells Fargo upgraded Allscripts Healthcare (NASDAQ: MDRX) from Market Perform to Outperform Mizuho upgraded Universal Health Service (NYSE: UHS) from Neutral to Buy Piper Jaffray downgraded The Michaels Companies (NASDAQ: MIK) from Overweight to Neutral JMP Securities downgraded KB Home (NYSE: KBH) from Market Outperform to Market Perform Raymond James downgraded Sierra Wireless Inc. (NASDAQ: SWIR) from Outperform to Market Perform
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here or email email@example.com.
- [By Monica Gerson]
Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Friday's regular session.
Texas Instruments Incorporated (NASDAQ: TXN) Fri 7/1 62.0 Puts (Wkly) Sweep: 1426 @ ASK $1.24: 1426 traded vs 0 OI: Earnings 7/27 $61.86 Ref Allscripts Healthcare Solutions Inc (NASDAQ: MDRX) Jul16 13.0 Puts Sweep: 500 @ ASK $0.45: 500 traded vs 0 OI: Earnings 8/2 $13.07 Ref Intel Corporation (NASDAQ: INTC) Jul16 30.0 Puts: 7500 @ ASK $0.26: 7658 traded vs 47k OI: Earnings 7/20 $32.07 Ref Ares Capital Corporation (NASDAQ: ARCC) Dec16 16.0 Puts Sweep: 963 @ ASK $2.75: 974 traded vs 18 OI: Earnings 8/2 $14.45 Ref LinkedIn Corp (NYSE: LNKD) Aug16 115 Puts: 600 @ ASK $4.05: 615 traded vs 386 OI: $132.12 Ref
Posted-In: Unusual Put OptionsNews Options Markets
Top 10 High Tech Stocks To Watch For 2017: Pure Cycle Corporation(PCYO)
- [By Lisa Levin]
In trading on Tuesday, utilities shares fell 0.46 percent. Meanwhile, top losers in the sector included Korea Electric Power Corporation (ADR) (NYSE: KEP), down 4 percent, and Pure Cycle Corporation (NASDAQ: PCYO), down 2 percent.
- [By Jim Robertson]
On Wednesday, our Under the Radar Moversnewsletter suggested small cap water and wastewater services stockPure Cycle Corporation (NASDAQ: PCYO) as a long/bullish trade:
Top 10 High Tech Stocks To Watch For 2017: iShares Core S&P Mid-Cap (IJH)
- [By WWW.GURUFOCUS.COM]
For the details of Lubar & Co., Inc’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Lubar+%26+Co.%2C+Inc
These are the top 5 holdings of Lubar & Co., IncEnLink Midstream LLC (ENLC) – 1,882,007 shares, 37.97% of the total portfolio. Shares added by 0.40%Hallador Energy Co (HNRG) – 2,788,685 shares, 23.23% of the total portfolio. Vanguard Value ETF – DNQ (VTV) – 77,126 shares, 7.65% of the total portfolio. iShares Core S&P Mid-Cap (IJH) – 38,400 shares, 6.84% of the total portfolio. New PositionVanguard Mid-Cap Value ETF – DNQ (VOE) – 61,550 shares, 6.52% of the tota
Top 10 High Tech Stocks To Watch For 2017: NVIDIA Corporation(NVDA)
- [By Chris Dier-Scalise]
This earnings season has been a mixed bag for many of the big name technology and semiconductor companies. NVIDIA Corporation (NASDAQ: NVDA) surprised analysts with impressive sales for the first quarter, but Advanced Micro Devices, Inc. (NASDAQ: AMD) and International Business Machines Corp. (NYSE: IBM) reports were met with more underwhelming investor response.
- [By WWW.THESTREET.COM]
Intel Is Getting Serious About Self-Driving Cars, But It’s Not All Smooth Roads Ahead
The chip giant’s (INTC) deals with Delphi and BMW are proof it’s taking the autonomous driving market seriously. But Nvidia (NVDA) and Qualcomm (QCOM) /NXP (NXPI) present stiff competition. Full story
- [By Brian Wu]
Leading GPU chip manufacturers AMD (NSDQ:AMD) and NVIDIA (NSDQ:NVDA) have enjoyed a stellar year, with AMD stock clocking an year-to-date gain of ~210% vs. ~180% for NVDA stock, some of the best gains in the tech sector. A good chunk of those gains have come over the past few weeks with AMD stock surging 23% over the last one month, after the company inked a pivotal deal with Googlethat will see its GPUs go into the latter’scloud servers. Meanwhile, NVDA stock has tucked on gains of more than 30% after the company reported impressive Q3 earnings two weeks ago. Is Nvidia’s success not hurting AMD?
- [By Virendra Singh Chauhan]
Shares of NVIDIA Corporation (NSDQ:NVDA) have been in a strong uptrend over the past one year. The NVDA stock price is up by 172% in the year-to-date, closing the last trading session at $89.59, up from $32.96 at the beginning of the year. However, the stock has corrected by nearly 2.5% in the last trading session and over 5% in the last three trading sessions. With the GPU leader gaining ground in the AI computing space, should investors buy into this rare dip in the NVDA stock price?
- [By Craig Jones]
Mike Khouw shared with the viewers of CNBC's "Options Action" his bullish options strategy in NVIDIA Corporation (NASDAQ: NVDA).
He thinks that the stock is going to trade higher and he wants to buy the September 140/165 call spread for $7. The trade breaks even at $147 or 8.09 percent above the current market price and it can maximally make a profit of $18.
- [By Sean O'Reilly and Chris Neiger]
NVIDIA(NASDAQ:NVDA), the graphics-chip maker and leader in the burgeoning virtual-reality and driverless-car markets, has been on an absolute tear over the past 12 months, with shares up over 340%. At this point, it’s natural for investors to wonder if it’s too late to buy a few shares — this run could just bethe start of NVIDIA’s path to world domination, or it could be the very top of a bubble-like valuation.
Top 10 High Tech Stocks To Watch For 2017: 8×8 Inc(EGHT)
- [By Anders Bylund]
Shares of 8×8 (NASDAQ:EGHT) rose 26.6% in 2016, according to data from S&P Global Market Intelligence.
The provider of internet-based voice and communications services put together a remarkable financial record last year. 8X8 beat Wall Street’s earnings and sales estimates handily in each one of the year’s quarterly reports,citing strong organic revenue growth among larger customers along the way. Large-scale corporate customers accounted for 53% of the company’s total sales in the recently reported second quarter, and these big clients are also showing strong loyalty to the 8×8 brand by renewing their service contracts.
- [By Lisa Levin]
Telecommunications services shares climbed 0.56 percent in trading on Thursday. Meanwhile, top gainers in the sector included Frontier Communications Corp (NASDAQ: FTR), and 8×8, Inc. (NASDAQ: EGHT).
- [By Peter Graham]
A long term performance chart shows small cap magicJack VocalTec Ltd underperforming versus VOIP related peers Vonage Holdings Corp (NYSE: VG)and 8×8, Inc (NASDAQ: EGHT) which have been volatile, but have been heading higher:
- [By Peter Graham]
A long term performance chart shows small cap magicJack VocalTec Ltd hitting lower highs and lowerlows for some years now but also leveling off while VOIP related peers Vonage Holdings Corp (NYSE: VG)and 8×8, Inc (NASDAQ: EGHT) have been volatile, but also largely heading higher: