For years, the marijuana industry has had investors seeing green. Long-term investors that purchased any of the biggest cannabis stocks at the beginning of 2016 and had the stomach to hang on through their wild ride are up by well…
This Pot Stock Is Headed for a Massive Meltdown According to 1 Analyst
Some analysts indicate their displeasure with a stock by lowering their price target. Others cut their rating on such stocks. And a few analysts don’t hold anything back, expressing their feelings in no uncertain terms. Count Vertical Group analyst Gordon…
Why Constellation Brands Is Still a Company You’ll Want to Own Forever
Back in early July, I told my readers that one of the “safer” ways to invest in Canopy Growth Corp. (NYSE: CGC) was through buying shares of Constellation Brands Inc. (NYSE: STZ). Constellation owns a 38% stake in Canopy, so…
2 Cannabis Stocks That Absolutely Crushed It in the Second Quarter
On one hand, the marijuana industry is primed for once-in-a-generation-type growth. After the industry logged worldwide sales of just over $3 billion in 2014, estimates suggest that annual legal cannabis revenue could hit $50 billion to $200 billion by the…
We Predicted This Gold Price Jump; Here’s Where It’s Going Next
In last month’s update, I said I wouldn’t be surprised to see the gold price at $1,500 before the year is up. And it only took three weeks to get there. Now, while there’s potential for corrections along the way,…
Here’s the Truth About the GE “Fraud” Scandal
“Don’t kick a person when they’re down.” That’s one of the cardinal rules of sporting behavior – one that’ll serve you well pretty much anywhere on or off the field… pretty much. But let’s face it: Sportsmanship ends where the…