These 3 Stocks Have Doubled in 2019: Will They Do it Again in 2020?

Momentum investing is a ridiculously simple strategy that many investors swear leads to better returns. All the scheme does is load up on the best short-term performing stocks and rides them until they start to fizzle out. New companies are found at that point, and the whole process repeats itself. See? I told you it was easy. It’s also been…

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Should You Buy a Hot Stock on Its IPO Day?

A number of high-profile companies have gone public this year and investors often wonder if it is a good idea to buy the stocks when they make their initial public offering. Traders often try to make quick gains, and the volatility that regularly occurs in the first few days or initial weeks of trading can deter potential long-term investors. However,…

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3 Stocks on the TSX That Absolutely Soared Yesterday

Shares in the world’s leading producer of hemp-based cannabidiol (CBD) products Charlotte’s Web Holdings (TSX:CWEB) continued on their ascent yesterday, gaining more than 9% on the day between open and close. Shares are up more than 34% this week alone. CWEB is a unique company in that it’s not playing the recreational marijuana game — far from it. The company’s…

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Is This the Shopify (TSX:SHOP) of Legal Marijuana?

Since legalization last year, marijuana stocks have been on an unprecedented growth spurt. The combined valuation of all the stocks in the industry has ballooned multiple times since the bill was first introduced in parliament. However, as investors have poured billions into the top producers and sellers, savvy entrepreneurs have been working on building the infrastructure the ecosystem desperately needs.…

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3 Low-Priced Stocks Every Investor Should Know

Just because a stock has a low price doesn’t mean it’s not influential. While $300 stocks like Shopify get a lot of attention, there’s plenty going on at the lower end of the market. Here are three low-priced stocks with multi-billion-dollar impacts. Bombardier (TSX:BBD.B) Bombardier is typically one of the most traded stocks in Canada, at least in terms of…

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3 Stocks Poised for Huge Growth Over the Next Decade

While many investors fret over the timing of the next crash, there are plenty of stocks ready to grow over the next decade or more regardless of what the market does. There will surely be swings along the way, but here are three companies that will likely be much bigger 10 years down the line. Shopify Inc (TSX:SHOP)(NYSE:SHOP) Shopify is…

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Here’s Why Aphria (TSX:APHA) Stock Still Belongs on a Growth Investor’s Wishlist

The marijuana stock playing field is uneven and constantly shifting, making the hunt for upside a full-time job in itself. For the casual mid- to long-term investor, selecting cannabis stocks on the TSX index for their momentum can be no mean feat, with some investors simply choosing to follow the herd. Let’s see whether investors in one big green ticker…

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Forget Canopy and Aurora: These 3 Stocks Are Positioned to Gobble Up Marijuana Profits

These days, almost everyone wants to get in on the pot profit train. With marijuana having been legalized in October of last year and several cannabis producers having posted phenomenal revenue growth afterward, it seems like cannabis is having its moment. In this environment, it’s natural to be curious about major cannabis companies like Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) and Aurora Cannabis Inc…

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