This cannabis company shed nearly 9% of its value on Thursday. The largest cannabis stock by market capitalization fell after Oppenheimer analyst Rupesh Parikh warned that investors should brace for large losses in the coming years. Parikh expects it to generate losses of more…
The Best Way to Profit from This Week’s Oil Price Volatility
The biggest news this week was a spike in crude prices after the attack on Saudi Arabia’s oil facility. As is usually the case, such things are temporary. Oil prices retreated when the market learned that Saudi oil would be…
Buy These 3 Marijuana Stocks, According to Wall Street
Even though marijuana stocks haven’t had investors seeing much green of late, it’s an industry with nearly unparalleled growth opportunities over the next decade. After more than tripling worldwide sales between 2014 and 2018 to $10.9 billion, according to Arcview…
Could President Trump Enact a Bitcoin Ban?
All it took was a single tweet. One tweet and the crypto universe was buzzing about the possibility of a Bitcoin ban by way of an executive order from U.S. President Donald Trump. This particular tweet wasn’t sent by the…
Are these 4 pot stocks bargains or value traps?
For years, the words “value” and “cannabis” pretty much didn’t belong in the same sentence. That’s because marijuana stock valuations were going through the roof on nothing more than promises of industrywide growth once Canada, and eventually the U.S., legalized…
How the Saudi Oil Attacks Will Impact Crude Prices
Investors on Monday digested news of the massive drone attacks on Saudi Arabian oil infrastructure at Abqaiq and Khurais. Stocks took it… pretty well, it has to be said; the Dow slid around 0.27% as an “oil shock” that would’ve…
