Archives for November 2019

November 2019 - Page 2 of 12 - Money Morning - Only the News You Can Profit From

The Top Dividend Stocks to Buy All Yield Over 4%

Many income-seeking investors are tempted to pounce on the dividend stocks with yields in the double digits, but the savviest investors look for reliable firms that can pay dividends over the long term.

While a high dividend in the double digits may sounds like a no-brainer investment, these can actually be some of the worst stocks to own.

In fact, it could be a red flag that the firm may not be able to pay a dividend that big for much longer.

Fortunately, we've found three of the top dividend stocks to buy that offer great yields over 4%, but are also safe and stable.

Read more...

Warren Buffett Just Added a New Stock to His Portfolio... and VQScore Agrees It's a "Strong Buy" for 2020

Each quarter, investors clamor to dissect the quarterly filings of institutional investment managers with at least $100 million in equity assets under management.

These filings are known as SEC Form 13F. The documents tell you exactly what the some of the most sophisticated investors are doing with their money and the money of their clients or shareholders.

One of the most popular 13F's filed every quarter belongs to the Oracle of Omaha, Warren Buffett. Buffett is the CEO of Berkshire Hathaway Inc. (NYSE: BRK.A), who's stock sells for approximately $327,000 per share.

Buffett is considered the most legendary living investor, amassing an $86 billion fortune over the decades. His secret combines extreme patience and the purchasing of assets that he deems undervalued according to his proprietary intrinsic value calculations.

After examining his latest 13F, something extremely interesting stuck out to me...

Oil Stocks Are Getting a Lift After This Happened for the First Time in 70 Years

The latest estimate from the EIA is the latest in a string of historic breakthroughs for the

American oil industry. In fact, record-breaking production levels, explosive global demand,

and increasing instability plaguing rival producers are putting the nation on track to

become the world's most important oil producer…

And that's setting our top oil stock to buy for tremendous profits...

Congress Just Took a Huge Step Toward Full Marijuana Legalization

Full cannabis legalization has never been more promising than it is now. The pieces are slowly but surely falling into place and bringing us closer… and closer.

The Judiciary Committee of the U.S. House of Representatives approved a bill that would take cannabis off Schedule I of the Controlled Substances Act.

Now, that bill will go to the full House of Representatives, where it has a real chance of passing.

Committee Chair Jerrold Nadler's Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) would effectively legalize cannabis for recreational use in any state that allows it.

What's more, it would gather a 5% sales tax on cannabis sales, with the money going toward job training and legal assistance to those whose lives have been adversely affected by the government's long war on drugs. It would provide for expungement of the records of people convicted of cannabis-related "crimes" and require federal agencies to adjust to reality by, for example, not denying security clearances based on cannabis use.

This is a very good bill. If it passes, it would be good for the industry, for those who paid dearly during the years before cannabis was legal, and for the country.

And I can't overemphasize what this indicates for full legalization heading into 2020… Full Story

And I can't overemphasize what this indicates for full legalization heading into 2020... Full Story

One of the 3 Best Penny Stocks to Buy This Week Could Soar 219%

After one of the biggest earnings weeks of the year, the Dow Jones and S&P 500 are both pushing record highs.

They're up 21% and 32% respectively since the beginning of the year.

That's driving the 219% potential growth for one of our best penny stocks to buy this week.

You see, it's not just the blue-chip stocks you see trading on major exchanges that are getting a boost this week.

You've heard that "a rising tide lifts all boats." And the best part is that penny stocks actually have far greater profit potential than those blue chips in the near term.

Due to their low share price, a small bump can mean a huge percentage gain in very little time.