Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Stocks
Stocks: ARE, GWPH, JAZZ, LCRX, MSFT

The Best Stocks to Buy Now: Take a Ride on the Road to Wealth

By Stephen Mack, Associate Editor, Money Morning • July 14, 2017

View Comments

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

Our new list of the best stocks to buy now is heavy on tech, proving once again that the road to wealth is paved with tech. We've got five new stock picks from our investing and trading experts to get you on that road.

best stocks to buy nowFirst, we take a look at a "pick-and-shovel" play in the booming legal marijuana industry.

Then, we'll see how marijuana legalization is making its way into the pharmaceutical industry, with potentially world-changing effects.

Next, we'll highlight a biotech firm that stands to gain in a more politically friendly environment.

Then we have a tech company that's helping chip manufacturers create the world's biggest supercomputer.

And finally, we'll look at a real estate trust that's bringing the brightest minds in science and technology together.

Here's our list of the best stocks to buy now.

Best Stocks to Buy Now No. 1: This Iconic Software Company Is Selling Picks and Shovels for Today's Gold Rush

Legal marijuana is an industry with incredible growth potential as legalization spreads across North America. And Nevada just showed us how that growth looks...

Less than two weeks after marijuana became legal for recreational use in Nevada, the state is already running out of product.

That's a problem for Nevada, which collects a 10% tax on cannabis sales. Sales of weed generated $500,000 for the state in just the first four days of legalization.

In order to keep that revenue coming in, Nevada's government has declared a state of emergency to address the roadblocks in the supply chain.

If Nevada's rollout is any indication, there are major events coming up soon for sales of legal pot. Legalization is expected in early 2018 for both Canada and California, the United States' most populous state.

A 2016 report by ArcView Market Research projects annual sales of legal marijuana in North America to grow from $6.7 billion in 2016 to $22.6 billion by 2021.

best stocks

But if you want to cash in on the "Green Rush," as Money Morning Director of Technology & Venture Capital Research Michael Robinson calls it, you don't have to invest in cannabis producers themselves. You can opt for a "pick-and-shovel" play instead.

During the Gold Rush in the 1800s, some people got rich by finding gold and mining it. And some found nothing and simply ruined themselves. But a lot of others got rich by selling products like picks and shovels to miners.

If you want to take a similar approach to legal weed, look no further than software giant Microsoft Corp. (Nasdaq: MSFT).

Because pot is such a young and politically complicated industry, it's incredibly important that cannabis companies keep their affairs in good order and in compliance with regulations. Increasingly, Microsoft's Azure cloud computing service has been the tool they turn to.

Video

The Next States to Legalize Marijuana

"Ever since June 2016," Michael writes, "Microsoft has used its ultra-powerful software and cloud services to become the go-to source for the cannabis industry."

Sales for Azure grew 93% in the last quarter. And Microsoft is in the process of shifting its core focus to cloud computing.

So along with the benefits of a stable organization with a long track record of growth, you can also get a piece of the nascent pot industry as it gets set to explode.

Find out why Michael says buying Microsoft now is like getting in on Levi Strauss & Co. 164 years ago.

Best Stocks to Buy No. 2: This Pioneer in the War on Pain Is Nearing a Lucrative Milestone

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Stephen MackStephen Mack

About the Author

Browse Stephen's articles |

Stephen Mack has been writing about economics and finance since 2011. He contributed material for the best-selling books Aftershock and The Aftershock Investor. He lives in Baltimore, Maryland.

… Read full bio

Subscribe
Login
Notify of
guest

guest

2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Akalipa Elekana
Akalipa Elekana
6 years ago

Thanks so much for all the above Iam still learning by reading all this grate offer from Moneymorning as the country I'm
living in doesn't have type of imformation and generally its not
open to the public . You are doing a grate job..

0
Reply
Timothy D Gering
Timothy D Gering
5 years ago

I want to learn to invest.

0
Reply


Latest News

September 15, 2023 • By Shah Gilani

We're Headed for a Second Banking Crisis - Here's What to Do

September 14, 2023 • By Tom Gentile

Tulips Are the Secret to Trading the Next 300% Rally in AI

September 14, 2023 • By Chris Johnson

Tulips Are Telling Me How To Trade the Next 300% rally in AI
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz