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Top Analyst Upgrades and Downgrades: AEP, BigCommerce, Chewy, Datto, Disney,...
Stocks ended last week on a strong note, as the focus remained on the vaccine news beyond the political uncertainty and skyrocketing COVID-19 cases. Now new that Moderna’s vaccine is about 94%...
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Why Marijuana Stocks Posted Big November Gains — and Could Keep Rising
As marijuana stocks go, OrganiGram Holdings Inc. (NASDAQ: OGI) is a relatively small player. With a market cap of around $303 million, OrganiGram is about one-fifteenth the size of Green Thumb...
View ArticleWhat a Reverse Merger of Aphria and Tilray Means for the Marijuana Market
The marijuana industry got a jolt Wednesday morning following the announcement of a reverse merger of Aphria Inc. (NASDAQ: APHA) and Tilray Inc. (NASDAQ: TLRY) that creates a combined company with an...
View ArticleTilray Expands Cannabis Empire Across the Pond
Tilray Inc. (NASDAQ: TLRY) shares jumped on Tuesday after the company announced that it would be expanding its operations across the pond. Specifically, the firm reached an agreement to distribute its...
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Which Marijuana Stock Now Has Reddit’s Blessing?
The glory days for marijuana stocks began in late 2017 and early 2018. Then in September of 2018, the bottom began to fall out of the market for these stocks, and by March of 2020, shares were down as...
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Earnings Previews: Tilray, SunPower, Barrick and Walmart
The holiday-shortened week’s earnings reports were set to kick-off with oil and gas independent producer Occidental, but the severe winter weather in Texas forced the company to postpone its report...
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Top Analyst Upgrades and Downgrades: CrowdStrike, Honda, McAfee,...
The futures were lower on Thursday as investors Wednesday watched the Dow Jones industrials close at yet another record high while the S&P 500, Nasdaq and the Russell 2000 took a breather....
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Pot Stocks Jump as Marijuana One Signature Away From Being Legal in New York
After years of wrangling, both houses of the New York state legislature on Tuesday passed a bill that legalizes recreational marijuana, and it wasn’t even really close. The state assembly passed the...
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BofA Analysts Say These Are the 2 Weed Stocks to Buy
It would be fair to say that cannabis stocks received three positive indicators over the past six months. First is the election of Joe Biden and Democratic party control of both Houses of Congress....
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Thursday’s Top Analysts Upgrades and Downgrades: Apple, Darden Restaurants,...
The futures were higher on Thursday. Once again, we saw some “buying the dip” action on Wednesday as two of the major indexes bounced back from Tuesday’s big tech train wreck. The Dow Jones industrials...
View ArticleFriday’s Top Analyst Upgrades and Downgrades: Conoco, Darden Restaurants,...
The futures were mixed on Friday following yet another day where the Dow Jones industrials printed a new all-time high and the S&P 500, Nasdaq and Russell 2000 all rallied off mid-day lows to post...
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Analyst Calls Tilray-Aphria Marijuana Merger a ‘Perfect Match’ and Upgrades...
Last December, two Canada-based pot growers, Tilray Inc. (NASDAQ: TLRY) and Aphria, announced a merger that closed Monday, with Tilray the surviving company at a market cap of around $8.2 billion. On...
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Earnings Previews: Palantir, Roblox, 3D Systems, Tilray, Velodyne
More than 550 U.S.-listed companies are reporting quarterly results on the first three days of next week, May 10 through 12. That’s less than half as many as reported earnings this past week, and the...
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Why 4 Jefferies Top Growth Stocks to Buy May Be Perfect Ideas Now
As investors were so righteously reminded on Friday, many of the day-to-day Wall Street prognostications and strategy calls are almost always “best guesses” or data-based “assumptions.” The Wall Street...
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Tuesday’s Top Analyst Upgrades and Downgrades: Activision, Coinbase, Devon...
The futures were hammered on Tuesday as investors saw a familiar trading pattern return on Monday. While the Dow Jones industrials once again soared higher through the 35,000 level and posted yet...
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Thursday’s Top Analyst Upgrades and Downgrades: Allstate, EOG Resources,...
The futures traded lower across the board Thursday, as all the major indexes scored some small gains on Wednesday. The so-called meme stocks were the story of the day, returning to the spotlight with...
View ArticleFriday’s Top Analyst Upgrades and Downgrades: Biogen, CME, Dropbox, DocuSign,...
Friday’s futures inched higher after a fairly positive showing on Thursday. For most of the week, the major averages had traded sideways, but there could be a strong finish to the week. The Bureau of...
View ArticleMidday Meme Stock Report for 6/24: Tesla, Torchlight Energy, GTT...
Thursday’s morning trading among our set of meme stocks was about evenly split between winners and losers, although the winners were winning bigger than the losers were losing. The worst performing...
View ArticleAnalysts’ Comments on Marijuana Stocks After Legalization Announcement
U.S. Senate Majority Leader Chuck Schumer, along with Senators Ron Wyden and Cory Booker, on Wednesday released a draft for comment of a proposed Cannabis Administration and Opportunity Act. The...
View ArticleEarnings Previews: Boeing, McDonald’s, Pfizer, Tilray
The five largest U.S. traded companies report June-quarter earnings this week, beginning Monday evening with Tesla. We previewed expectations for GE, Raytheon, Tesla, 3M and UPS last Friday and will be...
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