Overall, weed stocks could see higher highs. For one, according to a Gallup poll, support for legalization is now up to a new high of 68%. That’s now double the 34% approval rating of 2000. Even the Pew Research Center found that 91% of U.S. adults say cannabis should be legal for medicinal and recreational
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Secretary of Energy Jennifer Granholm speaks during the daily press briefing on April 8, 2021, in the Brady Briefing Room of the White House in Washington, DC. Brendan Smialowski | AFP | Getty Images Energy Secretary Jennifer Granholm on Friday emphasized the need for the world to come together in an effort to tackle climate
Traders on the floor of the New York Stock Exchange. Source: NYSE The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news. Hot topics in markets will continue to be inflation and taxes. President Joe Biden is expected to detail
Most rational arguments I’ve heard and read about Sundial Growers (NASDAQ:SNDL) stock in 2021 arrive at the same conclusion — avoid this investment. Most of my InvestorPlace colleagues are bearish on it. I know I certainly am. At no point have I thought or written that anyone should invest in SNDL stock. Source: Shutterstock Investors
Between January and March of last year, Norwegian Cruise Line (NYSE:NCLH) stock went from $60 to $10. Source: Vytautas Kielaitis/shutterstock.com It’s a plunge that seems to make some sense. Obviously, the novel coronavirus pandemic shut down the cruise industry. But at the same time, the depth of the plunge seemed overwrought. Within a couple of
Investor interest in SPAC (special purpose acquisition companies) continues to wane. Especially for EV (electric vehicle) SPAC plays like Churchill Capital IV (NYSE:CCIV) stock. As you likely know, this blank-check company is merging with EV startup Lucid Motors. Lucid may be laying down the foundation to become a profitable high-end electric vehicle maker. Source: ggTravelDiary
SpaceX CEO Elon Musk gives an update on the next-generation Starship spacecraft at the company’s Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas. Loren Elliott | Getty Images News | Getty Images SpaceX founder and CEO Elon Musk remains focused on his vision for the company: Establishing a permanent human
Take a look at some of the biggest movers in the premarket: Kimberly-Clark (KMB) – The consumer products company’s stock dropped 6.4% in premarket action after it reported weaker-than-expected profit and sales for its latest quarter and gave a full-year forecast that came in below Wall Street consensus. Kimberly-Clark said it faced a number of
If you are thinking about buying shares of Microsoft Corp., or already own them, you need to understand key metrics and issues related to the company. The numbers, below, show how Microsoft MSFT, -1.31% stacks up against competitors, and where its strengths and weaknesses lie. Keep in mind that no two companies are alike —
Not all dividend stocks are equal. One of the traps that investors fall into is the yield trap. That is, they buy a stock because it has a high dividend yield. But a dividend yield is really just a math problem. That is, the dividend yield is the announced per share annual dividend divided by
Rule number one of investing is that you don’t buy what you don’t know and can’t understand. Social Capital Hedosophia VI (NASDAQ:IPOF) violated this rule, and the speculators who bought IPOF stock paid the price. Source: Dmitry Demidovich/ShutterStock.com The huge injections of capital by the Federal Reserve and the 2017 tax cut combined to bring
Say you are reading the paper, and you notice that a certain fund will be closing its doors to new investors by the end of the current business day. What exactly does this mean? Should you rush to invest in it, increase your holdings in it or rush to sell? Listed below are the characteristics
A look at two more stocks for your aggressive growth stock radar screen. Synaptics: https://www.zacks.com/stock/quote/SYNA?cid=CS-YOUTUBE-FT-VID NeoPhotonics: https://www.zacks.com/stock/quote/NPTN?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
I’m starting to believe that the true “holy grail” when it comes to artificial intelligence (AI) is AI that’s been tailored to perform specific tasks within a single, lucrative sector. One company that appears to have met that criteria is Upstart Holdings (NASDAQ:UPST), which develops AI software that evaluates the creditworthiness of loan applicants. As
When it comes to Chinese cryptocurrency miner SOS Limited (NYSE:SOS), the risk is just too great to justify taking a position. Source: Mark Agnor / Shutterstock.com Cryptocurrencies and the shares of the companies that support them are risky enough on a good day. But investing in a “blockchain services company” based in China, where the rule
In this article XOM Activist investor and newly appointed Exxon board member Jeff Ubben is building his stake in the company on the belief that the oil giant will be integral to the energy transition. “I am,” he said Thursday on CNBC’s “Squawk on the Street” when asked if he was planning to buy more
In this article SWKS SLAB INTC MAT SNAP SAM WWE SKX Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines after the bell on Thursday: Intel — Shares of the semiconductor chip
With shares holding steady for the past month, should you buy the pullback in electric-vehicle (EV) maker Nio (NYSE:NIO)? Not so fast. NIO stock still remains popular among investors, even after its more than 40% slide from its all-time highs. Source: xiaorui / Shutterstock.com As I detailed back on Apr. 9, investors were satisfied with
Spirit Airlines (NYSE:SAVE) stock may have more than doubled since the start of the vaccine rollout. But, don’t think it’s too late to buy shares in this low-cost airline. Why? Namely, it continues to have two key strengths. Those would be its strong balance sheet, along with its lean cost structure, which enabled it to
Rocket Companies (NYSE:RKT), home of Rocket Mortgage and Quicken Loans, is a massive direct-to-consumer mortgage lender. It’s the same business model GEICO uses to sell car insurance without agents. Source: Lori Butcher / Shutterstock.com Rocket has become the largest mortgage lender in the U.S, according to its CEO. That’s great. However, this also means that