Archives for April 2019

April 2019 - Page 14 of 15 - Money Morning - Only the News You Can Profit From

You'll Never Buy These 3 Blue-Chip Stocks at Lower Prices

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It's well known that owning blue-chip stocks is historically less risky compared to other stocks in the market.

Interestingly, as the market has essentially traded flat over the last 15 months, many of these blue-chip stocks have become cheaper to buy today.

That's because their profits are growing and in some cases growing very nicely.

Here are the three best blue-chip stocks to buy today at bargain prices...

The 10 Top Penny Stocks to Watch This Week Could Help You Beat April's Returns

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For the last 20 years, April has been the best month for stocks, delivering an average return of 1.7% for Wall Street's biggest stocks.

However, we can blow those returns out of the water with the 10 top penny stocks to watch this week.

That's because penny stocks with strong financial backing can generate triple-digit returns on incredibly minor price movements.

Read more...

The SAFE Banking Act Is a Game-Changer for Marijuana Stocks

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We've talked about some of the last hurdles the cannabis industry has to clear before it can achieve two important, related goals:

Reach its full, projected $146 billion potential.

Hand investors returns that could ultimately dwarf everything that's come before.

Of course, the descheduling and legalization of pot at the federal level would take us a long way toward clinching those ambitions.

But almost as importantly, marijuana businesses need free and full access to the banking sector, just like any other legitimate American enterprise.

As it stands now, cannabis firms – completely legal in their respective states – cannot use banking services, because the money would cross state lines and expose both the business and the bank serving it to federal racketeering and money-laundering charges.

As we've discussed, this forces marijuana companies to operate on a cash-only basis, which brings with it a slew of unique and, more importantly, expensive challenges; those "challenges" are essentially taking money out of shareholders' pockets.

Some small, regional, and local banks have boldly stepped in to serve these perfectly legal businesses, but the approach has been more or less piecemeal.

Well, a monumentally important congressional vote this past Friday stands to change all that. It's going to change everything, in fact.

This is the "light at the end of the tunnel"; it's confirmation that our investing approach is fully sound.

Most of all, it's the clearest signal yet that mammoth profits await those pot stock investors who move right now...