Should You Buy Canopy Growth (TSX:WEED) or Aurora Cannabis (TSX:ACB) Stock?

Everyone knows that diversification is key to investing, as it protects investors from too much exposure into one specific sector. Having cannabis stocks in your portfolio may be a great idea if you are looking for a well-rounded portfolio. In Canada, marijuana has been legalized for medical use since 2001 and recreational use since 2018. This has allowed the industry…

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Coronavirus Meltdown: Sell These Stocks Now

Coronavirus fears are rattling the market. While some are predicting a quick rebound, as time goes on, those hopes are being dashed. International experts now worry that social distancing measures may persist through the end of 2020, which could lead to massive layoffs and the shuttering of thousands of small businesses. Larger companies won’t be spared. Some were hoping to…

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TFSA Investor Wish List: 2 Ways to Make $10,000

TFSA investors are smarter than the rest. Despite the clear advantages, millions of Canadians neglect to invest in a Tax-Free Savings Account (TFSA). If you have one, you’re already a step ahead. The next step, of course, is to build wealth. How do you build wealth? With a TFSA, the best strategies are obvious. Don’t ignore this method The best financial…

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TFSA Investors: 3 TSX Stocks I’d Buy for 2020

It’s that time again at year end, when investors have to think about rebalancing their portfolios, chucking out underperformers, and adding some growth candidates and stable dividend income generation stocks to create long-term, outperforming TFSA retirement portfolios. Growing a retirement nest egg shouldn’t be too much of a hustle, as the TSX offers some of the most compelling stable growth…

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Young Investors: How to Make $500,000 With Only $20 Per Week

Want to make $500,000? All you need is $20 per week. This sounds like an impossible feat, but the math is easy. The hard part is a secret ingredient that only young investors have: time. While most investors fret over which investments they should own, young investors should fear not taking advantage of their time — not just in living…

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TFSA Investors: This Cannabis Company Could Transform Your Portfolio

If you have a TFSA, high-growth stocks have a ton of appeal, as you’ll pay zero taxes on your gains. Even if your portfolio triples in value, your money will be shielded from the tax collector. There are few higher growth markets than cannabis. Most analysts agree that the market could surpass $100 billion in value by 2030. Stifel Financial…

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Did CannTrust (TSX:TRST) Investors Just Get Some Great News?

Ever since we learned that CannTrust Holdings (TSX:TRST)(NYSE:CTST) was in violation of Health Canada’s regulations, it’s been nothing but a headache for the company’s shareholders. Since July, the stock has lost more than 70% of its value, destroying many portfolios along the way. It certainly hasn’t helped that the scandal grew in size. Not only have multiple sites gotten into…

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2 Ways to Make a Profit Even as Weed Stocks Collapse

It’s been a rough year for weed stocks across the board. From the largest producer to the tiniest upstart, valuations have been slashed as investor sentiment shifted from irrational exuberance to outright pessimism. However, there’s always an opportunity to make a profit if you’re willing to think unconventionally.  Here are the two stocks that could survive and thrive in 2020,…

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Worried Canopy Growth (TSX:WEED) Stock Is Headed Further Down? Do This to Protect Your Portfolio

Canopy Growth (TSX:WEED)(NYSE:CGC) has fallen significantly over the past several months. The stock has not just hit a new 52-week low, but it’s trading at levels not seen in nearly two years. More than half the value of the company has been wiped out from when it was being valued at around $20 billion earlier this year. And for concerned…

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WARNING: These 2 Millionaire-Maker Stocks Just Went on Sale!

Millionaire-maker stocks are hard to come by. We’re not talking about 10% annual returns. Instead, these stocks have the potential to grow your portfolio several times over, sometimes in a matter of months. If you want to turn thousands into millions, these are must-own investments. The problem, however, is that millionaire-maker stocks almost never go on sale. In reality, they’re…

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