The AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) has surged by nearly 30% year-to-date, showcasing the rejuvenated demand for cannabis stocks. Salient to the ETF’s year-to-date performance has been the increased popularity of high-beta securities. Moreover, many anticipate that marijuana will soon be downgraded to a Schedule II category substance from its current Schedule I status,
0 Comments
The Chinese government’s intention to crack down on mindless EV expansion by the country’s major manufacturers has a positive and negative effect on the Nio (NYSE:NIO) stock outlook.  Fortune reported in January that Bejing would come down hard on manufacturers undertaking projects to build additional capacity in the country when demand for EVs is simply
0 Comments
The cannabis sector is one that’s certainly seen its boom-bust cycle play out in relatively impressive time in recent years. Now firmly in the “bust” category among many growth investors, will a resurgence in this space take hold? And, further, what catalysts could justify a sector-wide surge? Aside from U.S. federal legalization progress, I’m skeptical
0 Comments
Rewind a few weeks ago and the general consensus was much more optimistic regarding potential rate Cuts in March. then the Federal Reserve all but shut down that notion after unanimously voting to leave rates on changed at their early February meeting. This is leading to ever-changing interest rate expectations. The Federal Reserve will need greater
0 Comments
Fintech stocks continue to lead the way with groundbreaking innovations in payments and customer services. Powered by the shift to cloud computing, fintech businesses have grown exponentially over the years, offering exciting opportunities for investors. Signs are pointing toward an imminent rate cut and a market rally. So, now may be an opportune time to
0 Comments
With all the talk centered on climate change and the proposed solution of the electrification of everything, it was easy to forget about hydrogen stocks. Over the years, the sector has produced mixed results, with some enterprises performing well while others – especially those focused on fuel-cell technologies – have floundered. Still, hydrogen stocks remain
0 Comments
Dividend investing has proved to be among the most successful ways to accumulate wealth on Wall Street. Buying dividend stocks that grow their payout produces returns far above what non-dividend-paying stocks generate. Yet you should only buy those companies that can support their dividends. Southern Copper (NYSE:SCCO) just announced it was slashing its payout 20%.
0 Comments
In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airbus A321LR is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023.  Benoit Tessier | Reuters Company: JetBlue Airways (JBLU) Business: JetBlue is a New York-based airline company serving over 100 destinations across the United
0 Comments
Certain companies stand at the edge in the global markets, capitalizing on emerging trends with massive gains. From the relentless push for cutting-edge semiconductor technology to the burgeoning demand for renewable energy resources and electric vehicles, investment opportunities are constantly shifting. In the ongoing market backdrop, three companies hold a decisive moat. The first one
0 Comments
This past week brought more good news for the Democratic Party. Suburban voters in New York state’s 3rd District successfully flipped the Congressional seat previously occupied by expelled former Republican Representative George Santos. Democratic candidate Tom Suozzi enjoyed an impressive almost 8-point victory, defeating GOP challenger Mazi Pilip, receiving just under 54% of the vote.
0 Comments
The Dow Jones Industrial Average is near record highs as the stock rally that began in spring 2023 continues. Comprised of 30 leading blue-chip stocks that are representative of the U.S. economy, the index is often referred to as the “Dow 30.” While the index might be at record levels, it has reached those heights
0 Comments