2 Speculative Stocks for Younger Investors

I tend to stay away from speculative investments until they have proven some sort of market fit. However, I make certain exceptions for industries that I am very comfortable with. On that note, I think younger investors could allocate a small portion of their portfolio towards these types of investments, because they have the luxury of time on their side,…

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Why This Is the Best Cannabis Stock in Canada 

The cannabis industry hasn’t been able to catch a break. After touching record highs just over a year ago, the industry has been in a prolonged bear market.  Since peaking in March of 2019, the Canadian Marijuana Index has lost 74% of its value. The recent downturn has wiped out most of the industry’s goodwill and the Index is now…

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Concerns About HEXO Stock Post Q1 Earnings

HEXO Corp. (TSX:HEXO)(NYSE:HEXO) released its fiscal first-quarter 2020 results on Monday. As the stock traded over 3% lower for the day, the market clearly wasn’t impressed with the latest earnings instalment. The biggest highlight was the 25% sequential decline in operating expenses after the company terminated 20% of its workforce and suspended cultivation at some facilities. But investors can’t bank…

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3 Reasons You Should Buy Canopy Growth Stock now

After an abysmal quarter, weed stocks have been battered across the board. Industry leader Canopy Growth’s (TSX:WEED)(NYSE:CGC) stock has been hit the worst and is now trading at its lowest value since weed was legalized in 2017.  Investor sentiment in this sector has clearly moved to extreme pessimism and with good reason. Growth and cash flow expectations have been dashed,…

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Is Aphria (TSX:APHA) Stock a Buy After 2 Consecutive Profitable Quarters?

Aphria (TSX:APHA)(NYSE:APHA) just knocked it out of the park again. Yesterday, the company released its Q1 earnings, which showed an 848% year-over-year revenue-growth rate along with positive net and operating income. This isn’t the first time a large cannabis producer posted huge growth and profits in the same quarter. However, it’s the first time that any of the “big three”…

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