Cannabis stocks have pulled back from all-time highs within the last year.
But investors should expect new tailwinds in 2020 and beyond.
Today, we're going to discuss several of the key trends and developments that will push marijuana stocks higher in the year ahead.
The Dow Jones Industrial Average could bounce back today with signs the coronavirus is being contained.
Markets are poised to snap a three-day losing streak in the Dow today.
Plus: Look for big names set to deliver earnings reports today...
Today I want to talk about something that's on a lot of people's minds at the moment – a concern I've heard from a lot of readers lately…
That is the prospect of a market crash in the weeks ahead.
Now, a crash is possible. The reasons why range from the novel coronavirus to the upcoming presidential election to another terrorist attack.
However, it's important to remember that nobody knows for certain what's going to happen. So do not let these – or any – uncertainties throw you off your long-term investing plan or cloud your thinking. Remember that making investing decisions based on emotion can lead to big losses.
What's best to ask is whether a market crash is probable. This allows you to prepare ahead of time for the unknown, which makes all the difference.
Take the coronavirus. Many analysts are calling it a black swan event, meaning it's unpredictable. But at this point, I think it's more like a "gray swan" – we know this thing is coming.
But the markets do not reflect this possibility. Even with Tuesday's market drop, major indexes are flirting with all-time highs. The melt-up that I told you was likely last fall seems unstoppable.
Well, I don't particularly like surprises. And this all leads to me to think there's another shoe out there getting ready to drop. Some folks may or may not share that opinion, but what we do share is the desire to future-proof our portfolios and our wealth.
So here are the steps to take to ensure both are protected… Full Story
So here are the steps to take to ensure both are protected... Full Story
The number of legal cannabis companies in America is growing by the day.
It's no surprise.
Everyone wants in on one of the fastest growing industries in U.S. history.
The growth numbers are outrageous.
According to the National Institute for Cannabis Investors, legal marijuana sales totaled $10.8 billion in 2018.
In the next nine years, it's estimated the market could hit a whopping $2.6 trillion in annual sales.
The marijuana companies we'll show you today are the perfect balance of solid fundamentals and huge profit potential.
These are the three top legal marijuana companies to invest in now...
The Dow lost 600 points when the news of coronavirus first broke in early January.
And the markets have been pummeled since then.
Today, the Dow could sink more than 200 points after Apple lowered investor hopes on news that its China supply chain will be affected.
But as our top penny stock today will show you, there is hope for curing the virus – and a profitable silver lining along the way.
The Dow Jones Industrial Average is pointing down after Apple Inc. warned about the ongoing spread of the coronavirus across China.
The tech giant downwardly revised its quarterly revenue forecast, citing weak Chinese demand and stalled production of its top gadgets.
More on this story below. Plus, see what else is moving the Dow Jones today…
More on this story below. Plus, see what else is moving the Dow Jones today...
Dividend investing is a great way for income investors to earn steady income no matter what the market is doing.
But before you go buying just any dividend stock, you'll want to know what kind of dividend it pays.
So what's the difference between cash dividends vs. stocks dividends?
That is what we're showing you today.
We also want to show you our top dividend stock to buy right now-it pays a 7.8% dividend yield, which is more than three times the S&P 500 average.
by Don Yocham
It's been just over a month since Illinois has been legally selling recreational marijuana, and the response has been incredible.
In fact, in just the first month, Illinois hauled in a total $39.2 million.
That puts the state on pace for $470 million in total sales for 2020.
This all has to do with Illinois' neighbors…
Bordering Wisconsin, Iowa, Missouri, Indiana, and Kentucky, Illinois is in the perfect spot to capture the money people want to spend on legal, tested, and safe products.
It's become an "oasis" in prohibition land.
And it's proof of the profitability of a safe, regulated, market.
The CBD market was worth $813 million by the end of 2019, according Statista.
But we here at Money Morning think the market could conservatively grow 146% to $2 billion by the end of 2020.
And a recent forecast made by leading cannabis researchers BDS Analytics and Arcview Market Research projects the market could pull in $20 billion by 2024.
That would represent 2,360% growth from today.
So today, we're going to show you how the CBD industry can grow to a multibillion-dollar market.
And we'll even give you two of the best CBD stocks to buy to get you started.
Earnings season is wrapping up, and as usual, a lot of profits have been left on the table.
This should be the most profitable time of year. But so many traders miss the best opportunities.
That's why I trade earnings differently than everyone else.
I'm not an analyst. I don't give much thought to revenue and earnings per share (EPS). If you only focus on the top and bottom line, earnings can get really complicated, really quickly.
So I created my three-step earnings trading plan.
This plan simplifies the earnings process and still comes loaded with that same exciting profit potential that earnings brings.
For anyone who doesn't feel like they're making as much as they could from earnings, this plan will help you profit every single quarter, like clockwork.
Here's all you need to do… Full Story
Here's all you need to do... Full Story
