Archives for July 2018

July 2018 - Page 12 of 18 - Money Morning - Only the News You Can Profit From

Avoid Tesla Stock and Buy This Car Company Instead

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Last month, Tesla Inc. CEO Elon Musk announced that the company's Los Angeles factory had managed to produce 5,000 Model 3 cars in five days.

In an email sent to Tesla employees the afternoon of the achievement, Musk stated that be believed Tesla has finally become a "real car company." Wall Street certainly agreed – following the news, Tesla stock shot up nearly 2% in premarket trading as investors poured money into what's widely been hailed as the car manufacturer of the future.

However, this attitude is missing the bigger picture - and the more substantial profits. That's why we're putting Tesla on the backburner and looking at another car company altogether...

The Biggest Challenge for Pot Stock Investors Isn't Prohibition

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Imagine if Jeff Bezos had been forced to shove Amazon's profits in shoeboxes or under his mattress. Think Amazon.com would be worth nearly $1,750 a share today? Of course not.

If that sounds ridiculous, it isn't. Cannabis firms face this problem, even in states where weed is completely legal.

Yes, the cannabis business has a banking problem.

Thanks to its illegality at the federal level, most banks simply won't deal with companies that "touch the plant" – even if marijuana is fully legal in their state.

But something truly extraordinary, even unprecedented, could be about to unfold in – you guessed it – California.

You see, if State Sen. Robert Hertzberg and the supporters of his 2018 bill get their way, the Golden State will create its own special banks to handle the business of cannabis firms.

This is a huge development, and if it passes, it could mean entirely new ways to invest in the high-profit weed sector.

Let me explain...

The Best Way to Profit from Facebook Stock Today (Without Shorting It)

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Data privacy and security are still in the news, even four months after social media giant Facebook Inc.'s (Nasdaq: FB) issues with political analytics firm Cambridge Analytica. Apparently, data on 87 million of Facebook's users was released for cash.

So much for trust.

Because of these ongoing issues, we've pinpointed a way for investors to make quick money off Facebook stock. And it doesn't require shorting FB either.