Many investors may not be aware of it, but over a short time horizon, it tends to be volatility that will dominate the level and direction of investment performance. Yet it’s a much different story when using a longer time horizon, with an investment’s prospects for future growth ultimately proving to be the primary determinant of its chances for long-term…
Read More
It’s that time of year already, and Canopy Growth (TSX:WEED)(NYSE:CGC) stock is set for a potentially turbulent week as the cannabis company gears up to release its fourth-quarter results tomorrow. It seems a good time to recap what analysts will be looking for in tomorrow’s report, which is sure to divide marijuana investors. First, however, let’s look back at last…
Read More
These past few months have been a rough ride for Aphria (TSX:APHA)(NYSE:APHA) investors. After reaching a peak closing price of $14.21 in February, the stock began sliding later that month, with the downtrend accelerating in April. By May 17, the stock was trading at just $9.19 — a 35% decline from its peak price. The decline in Aphria’s share price comes…
Read More
Over the past three years, marijuana has been the biggest success story on the TSX. With stocks like Canopy Growth (TSX:WEED)(NYSE:CGC) up thousands of percentage points since 2015, the marijuana sector has been leading the index in overall gains. If you’d invested $10,000 in Canopy Growth at its IPO and held, you could cash out for $200,000 today — and…
Read More
The legalization rollout last year was an incredible opportunity for investors; it represented the culmination of over a year of growing demand and untapped growth potential and made many investors very, very happy. Turning towards the present time, much of that opportunity still exists, but with additional players and products in the market, finding those opportunities can be a challenge…
Read More
Tilray, Inc. (NASDAQ: TLRY) is a global cannabis company that is engaged within the research, cultivation, production, and distribution of cannabis-related products to over twelve countries. Shares of the cannabis company are gaining 16.62%, through early trading on Monday, June 10, 2019. Over the past three months, Tilray has seen average daily volume of 1.57 million shares. However, volume of…
Read More
The health care sector in Canada does not get much attention. Understandably so, as it makes up a very small percent of the TSX, and there are not many large companies to choose from. So as Canadian investors, we have to get a little creative to meet our goal of exposure to the defensive healthcare sector. First, we can look…
Read More
Cronos Group Inc (TSX:CRON)(NASDAQ:CRON) got a big boost this week when it received a vote of confidence from one analyst who put a 12-month price target of $27 on the stock, up from $17 previously. It’s a big change that’s gotten investors excited as well. Why did Cronos get an upgrade in price? The driver behind the increase in the…
Read More
There are a lot of pot stocks for investors to choose from out there, but not all of them have the same potential. The Canadian pot market is steadily growing, but in terms of potential size, it is nowhere near its neighbour to the south. Even now, with 11 states having legalized cannabis, there’s much more opportunity for growth in…
Read More
Canopy Growth (TSX:WEED)(NYSE:WEED) lost 17% of its value in May. There are two reasons investors fled its stock in the past month. One of them is a sector-wide problem and the other is specific to Canopy itself. Neither will likely be permanently scarring, but there could be further declines in June. Here’s why. The first issue with investors is its…
Read More