Rich Stock, Poor Stock: The Tale of 2 Stocks in 2019

The Toronto Stock Exchange (TSX) reached an all-time high of 17,230.58 in December of 2019. There were winners, like AltaGas Canada (TSX:ACI), and a handful of losers that includes Hexo (TSX:HEXO)(NYSE:HEXO). The two companies have contrasting turnouts last year that merit investor attention. Rich stock With its steady performance last year, you can say that AltaGas Canada is one of 2019’s…

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Why the Aphria (APHA) Stock Price Rose 7.8% in December

Generally speaking, most cannabis stocks and cannabis investors had their heads handed to them in December. Aphria Inc. (TSX:APHA)(NYSE:APHA), by contrast, was up 7.8%. Aphria stock price movements leave investors shellshocked I would like to start off by recognizing that cannabis investors are pretty much reeling from the fallout from the bursting of the cannabis bubble. While Aphria stock price…

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Will Cannabis 2.0 Revive the Stock Price of HEXO (TSX:HEXO) in 2020?

A disappointing performance by the cannabis industry in 2019 has left a bitter taste in the mouths of investors who flocked to Canadian marijuana stocks on high hopes for the launch of the legal pot market in Canada. Supply and distribution challenges hindered the industry at the outset, followed by a lack of physical retail locations in key markets, such…

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3 Top Canadian Cannabis Stocks to Watch This Month

Investors in Canadian marijuana stocks are looking forward to the first industry earnings release of 2020 from Aphria (TSX:APHA)(NYSE:APHA) and two other local players expected to report this month. Here’s what’s to watch on each report and why. Aphria Aphria stock rose over 22% in a day after an earnings beat in October last year, and the company is expected…

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1 Way to Reduce Risk if You Want to Buy Cannabis Stocks

Uncertainty is back with a bang, as ratcheting Middle East tensions send risk through the roof only a few days into the new year. Oil is up, gold is up, and risky assets such as cannabis are down. The development in Iraq could see mounting unrest directly impacting the energy sector, with a knock-on effect for the broader international economy.…

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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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Canadian Investors: 3 Top TSX Stocks for December

The Canadian stock market has hosted some truly incredible stocks in recent decades. Some have returned more than 10,000%, while others have increased their dividends for 30 years straight. Whether you prefer growth, income, or both, the TSX has a stock for you. This fall, several notable TSX stocks have gone on sale. This month could be your last chance…

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Could Canopy Growth’s (TSX:WEED) Drake Partnership Bring the Stock Back to Life?

The TSX has been on fire lately, setting record highs and rising through the month of November. But don’t tell that to Canopy Growth (TSX:WEED)(NYSE:CGC) investors, who’ve seen their holdings stagnate while the rest of the market has been soaring. Owing to a recent $1.23 billion loss, Canopy shares have taken a beating in the markets. Starting off the year at $39,…

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Is Green Organic Dutchman (TSX:TGOD) Really the Best Pot Stock for 2020?

Green Organic Dutchman Holdings (TSX:TGOD) was once one of the hottest stocks on the market. After debuting in mid-2018, shares almost immediately doubled in value. Investors were attracted to the rapidly evolving cannabis market, with analysts expecting global market sales for marijuana to hit $100 billion within a decade. Some forecasts eventually called for $200 billion in global sales, up…

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Better Cannabis Buy: Green Organic Dutchman (TSX:TGOD) vs. OrganiGram (TSX:OGI)

Cannabis stocks continue to remain volatile, as we head into the last two months of 2019. Investors and analysts were upbeat about the strong demand for cannabis products after marijuana was legalized for recreational use last October. Further, the Cannabis 2.0 was supposed to drive stocks to their previous highs, if not more. Instead, it seems like analysts have grossly…

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