Archives for August 2019

August 2019 - Page 6 of 15 - Money Morning - Only the News You Can Profit From

Top 4 Solar Stocks to Watch

Solar energy isn’t just for tree huggers and ESG investors. It’s one of the fastest spreading renewable energy sources in the world.

In fact, it’s now the third-most prevalent renewable energy source behind hydropower and wind power. Experts forecast solar stocks to spike in value going forward.

And that means investors are fighting to get a piece of the next big solar stock.

Read more...

Why Constellation Brands Is Still a Company You'll Want to Own Forever

Back in early July, I told my readers that one of the "safer" ways to invest in Canopy Growth was through buying shares of Constellation Brands.

Constellation owns a 38% stake in Canopy, so it has skin in the game and exposure to the cannabis market.

But that's just scratching the surface…

Outside of its stake in Canopy, which is already a huge deal, Constellation is also the maker of Corona and owns whiskey, vodka, and tequila brands. This gives it yet another source of revenue and a defensive moat.

Bottom line, it's truly a force to be reckoned with in the cannabis sector!

However, Constellation is already looking ahead to the future. It has sold off some of its wine brands that retail for under $11 so that management can focus on selling more lucrative adult beverages.

Overall, I believe that this is a stock you can retire on. Why? Constellation is a powerhouse company you'll want to keep in your portfolio on a very long-term basis – because it's only going to grow every year.

With that kind of growth and profit potential, you'll be living a very comfortable retirement.

Now, the stock price did take a bit of a dip in January, but it's been rebounding ever since. And you shouldn't be listening to those newer investors who like to focus on the share price and say it's expensive. If you focus on accumulating shares of a quality company, it will add up over time.

Plus, by offering something most cannabis companies can’t right now, it’s doubling its enormous profit potential…

Here's the Sector That Will Affect Markets the Most This Week

I'm continuing my close watch of the markets for the week ahead, including some of the most impactful earnings reports that will act as a bellwether for the broader economy. Speaking of which… Despite recovering from last week's losses Monday morning, following Trump's tweet indicating progress in trade talks, the market has been trending down […]

Read more here...

We Predicted This Gold Price Jump; Here's Where It's Going Next

In last month’s update, I said I wouldn’t be surprised to see gold price at $1,500 before the year is up.

And it only took three weeks to get there.

Now, while there’s potential for some correction along the way, I have reason to believe the price of gold is aimed at $1,600.

But we’ll start with why gold is up $100 in the last month.

Read more...