Investing in marijuana stocks is typically a double-edged sword. These companies have garnered investor interest for their long-term potential, but continue to post sizable net losses. Additionally, the sluggishness in the wider legalization process continues to hamper growth and access to finance. The index representing the industry The Alternative Harvest ETF (NYSEARCA:MJ) has shed 29% of
It’s been a frustrating couple of months for silver (SLV) investors as the $50/oz silver targets have been swept under the rug, and the metal has been unable to gain any traction the past six weeks. While SLV entered the month of August as the best performing ETF, it’s been dethroned by the Solar ETF
Stocks were hammered off the open and traded through a choppy Thursday following commentary from the Fed on Wednesday. With that in mind, let’s look at a few top stock trades going into Friday. Top Stock Trades for Tomorrow No. 1: Twilio (TWLO) Twilio (NYSE:TWLO) was a fan favorite after shares erupted in May and
Writing about downside scenarios is not popular, but it is important to consider especially when stocks are near all-time highs. The idea of shorting stocks is combative by nature, and this is especially true for our stocks in this article. They are part of the beloved herd of equities that have led the market up
Snowflake IPO begins trading at the NYSE on Sept. 16th, 2020. Source: NYSE One of the biggest problems with the traditional IPO process (and there are several) is that it’s impossible to say whether a deal is a success or a failure. Snowflake, the cloud-based data management company that’s 2020’s biggest IPO, jumped 112 percent
Check out the companies making headlines after the bell: Snowflake — Selling in the biggest software IPO continued in extended trading with shares of Snowflake down more than 1%. The cloud company dropped more than 26% in regular-hours trading after soaring 111% in its market debut Wednesday. Penn National Gaming — Shares of Penn National Gaming rose another
If you want to get in on the electric car boom with an affordable stock showing big growth, you’ll have to think outside the box. Or, more accurately, think about delivering the box: companies that focus on electric delivery vehicles like Workhouse Group (NASDAQ:WKHS). Even after gains of over 750% so far this year, WKHS
Investors love dividend stocks for a few reasons. First and foremost, that sweet dividend income. After all, investors like when an investment returns money in the form of dividends, and has the potential to appreciate in price. That growth potential is usually the secondary consideration. Stocks that possess both characteristics are true winners. The catch-22
The market expected an 80 bcf injection into storage Supplies are steaming towards the four trillion cubic feet level as the injection season winds down Inventories remain a warning sign- The November 3 election is a significant factor for the path of the natural gas price Time flies. It seems like yesterday when the winter
On its face, the story of Genius Brands (NASDAQ:GNUS) stock admittedly looks intriguing. Genius Brands has some interesting intellectual property. Its executives have substantial industry experience. And GNUS stock suddenly is an awful lot cheaper. Source: Syda Productions/ShutterStock.com Indeed, GNUS has plunged from brief highs above $10 in early June to barely $1 as of
CEO Michael Corbat answers questions at Citi’s 2017 Investor Day. Source: Citigroup.com Three years ago, Michael Corbat strode onto the stage of a ballroom in midtown Manhattan and proclaimed that a new day had arrived at Citigroup. The bank had set up the July 2017 event, its first investor meeting since the 2008 financial crisis
Snowflake IPO begins trading at the NYSE on Sept. 16th, 2020. Source: NYSE So you think Snowflake up over 100% on its first day is a big deal? Nah, there’s been plenty of companies that have had first day pops bigger than that this year. They include biotech firm CureVac, up 249% on the first
Check out the companies making headlines before the bell: Snowflake (SNOW) — Shares of Snowflake dropped more than 6% after the cloud company’s shares more than doubled at its market debut on the New York Stock Exchange. The initial public offering marked the largest software debut ever. Snowflake was worth $70.4 billion at the end of Wednesday’s trading, more
The e-commerce space is booming and while Chewy (NYSE:CHWY) had been performing well, shares are under pressure now. On Sept. 2, Chewy stock hit a high of $74.84. Seven trading sessions later, on Sept. 14, and the stock was down 29.2% after closing at $53. Source: designs by Jack / Shutterstock.com In my view, that
Energy Transfer (NYSE:ET) is a surprisingly polarizing stock. On the one hand, it seems to have caught the attention of Robinhood investors. Undoubtedly, they are attracted to the low share price. But as Josh Enomoto wrote recently, investors should not blindly apply the buy low, sell high mantra to ET stock. Source: Casimiro PT /
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In today’s episode of let’s talk stocks, we are going to go back to another technical analysis video, and we’ll take a look at the symmetrical triangle pattern. I’m going to show you both the bullish and bearish case scenario for this pattern. We’ll take a look at what the pattern looks like, its previous
It was a volatile day in the stock market, given that it was a Fed day. Let’s look at a few top stock trades going into Thursday, where hopefully we will get more clarity. Top Stock Trades for Tomorrow No. 1: Adobe (ADBE) Adobe Systems (NASDAQ:ADBE) opened higher after reporting earnings, but hasn’t been able
Editor’s note: This story has been updated from its original version to provide new analysis and expand on the context of the “NIO House.” Nio (NYSE:NIO) stock enchanted U.S. investors this year. As investors have scrambled to find “the next Tesla (NASDAQ:TSLA),” shares in Nio have skyrocketed 415%. But there’s one problem: Source: Sundry Photography
Warren Buffett Gerry Miller | CNBC Warren Buffett, the man who pioneered buy and hold investing, just made quite a fast buck from a type of investment he once mocked. Berkshire Hathaway bought $250 million of Snowflake stock at the IPO price and an additional 4.04 million shares from another stockholder at the debut price.