2 TFSA Stocks to Buy Right Now

It’s always a good idea to avoid investment taxes. Tax-Free Savings Accounts (TFSAs) make that easy, shielding your capital from both capital gains and dividend taxes. But not every investment makes a good TFSA stock. You’ll want to choose carefully. For example, let’s say you chose to invest in Enbridge Inc due to its 7.8% dividend. With a TFSA, that…

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Could Aurora Cannabis Stock Give Up Recent Price Gains Soon?

Most investors who bought Aurora Cannabis (TSX:ACB)(NYSE:ACB) common shares during the past year are still in the red, even after the recent 117% rally in Aurora Cannabis stock price over the past few trading sessions. The marijuana firm’s latest quarterly results have shown desired progress. Can we expect the positive momentum to hold for much longer, or the company is…

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2 Small-Cap Cannabis Stocks to Bet on in 2020

If you want to make big gains in 2020, stick with small-cap stocks. Research has consistently shown that, over time, small-caps outperform larger peers. If you want to make major gains, find small-cap stocks benefiting from secular growth opportunities like cannabis. The risk here should be clear. Emerging market opportunities lack clarity while small competitors are initially at a disadvantage.…

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The Time to Buy Is Now: 2 Cannabis Stock Picks for 2020

In 2018, nearly every pot stock went gangbusters, with gains often exceeding 400%. It was a different story in 2019, however, when the entire industry experienced a difficult bear market. But cannabis stocks could stage an epic rebound in 2020. If you’ve been waiting to capitalize, now’s your chance. A few years into the cannabis boom, we’ve learned a lot…

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Which of These 2 Top Cannabis Stocks Is a Buy in 2020?

As Peter Lynch says, “If you only invest in an index, you’ll never beat it.” This is why picking stocks is so important and the only sure way to escape a flat market. Just look at the end of last week, when some cannabis stocks were seeing +5% gains, while Horizons Marijuana Life Sciences ETF was down 4%. However, the…

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Aurora Cannabis Stock Price Falls Below Book Value: Is This a Bargain Buying Opportunity?

Marijuana stocks are currently heavily beaten down, as investor sentiment turned negative this year, leading to some popular names, like Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock, trading at prices below their net book value. Low price-to-book value (P/B) multiples are typical on value stocks (and they are usually accompanied by low price-to-earnings ratios and above-average dividend yields). As such, the plunge below…

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Pot Stock Alert: This Company Has the Biggest Upside in 2020

Cannabis stocks have been in a world of pain this year. Nearly every pot stock has been hit hard, with some losing as much as 90% of their value. Once a billion-dollar company, Green Organic Dutchman Holdings (TSX:TGOD) is now valued at just $250 million. In 2020, however, sales could surge to historic levels. And judging by recent data, the cannabis…

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Why Did Canopy Growth (TSX:WEED) Stock Gain Almost 20% Yesterday?

Shares of Canada’s top cannabis company, Canopy Growth (TSX:WEED)(NYSE:CGC) rose close to 20% on November 20, 2019. The stock lost 33% in market value between November 8 and November 18, as the company reported underwhelming September-quarter results. Canopy disappointed investors with less-than-estimated revenue and earnings. Poor earnings of several other cannabis companies resulted in mayhem in the last week. Canopy…

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This Cannabis Stock Gained Amid Massive Market Decline Yesterday

The underwhelming earnings of top cannabis players have resulted in a bloodbath. Aurora Cannabis, Canopy Growth, and Cronos stock have fallen considerably in the last two trading days. ACB is down 36%, Canopy Growth is down 30%, and Cronos Group has slumped 27% since Friday. While these cannabis giants continued to lose market value, there was one company that was…

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Why Aurora (TSX:ACB) Stock Is Worse for Trading Than Canopy Growth (TSX:WEED) Stock

For some reason, investors are more interested in Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock than in Canopy Growth (TSX:WEED)(NYSE:CGC) stock. However, I believe the latter is a better stock to invest in. Being in the cannabis industry and losing money, both companies are speculative investments. It doesn’t matter if the businesses experience extraordinary revenue growth when they’re posting net losses. As a…

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