Four of the largest cannabis producers in Canada — Aurora Cannabis Inc ACB 3.01%, Canopy Growth Corp CGC 2.34%, Cronos Group Inc CRON 6.05% and Tilray Inc TLRY 3.46% — will be reporting results for the quarter ended Dec. 31 over the coming weeks. While it won’t be a surprise that most of these companies will report substantial revenue growth, it’s unlikely that investors will
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Editor’s note: This story was previously published in September 2018. It has since been updated and republished. In many respects, the top tobacco stocks defy logic. The Surgeon General’s Office released its warning about the dangers of tobacco in 1964. Despite a sustained anti-smoking crusade, tobacco stocks continued marching higher. As the climate at home
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Far too often, investors view stocks through a one-dimensional lens. A search for dividend stocks may lead one to only consider current yields, for instance, while ignoring the pace at which that company’s payout improves over time. At the other end of the spectrum, many solid growth stocks may have been overlooked only because investors
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Yesterday, shares of Match (NASDAQ:MTCH) popped on an otherwise down day for markets after the online dating giant reported fourth-quarter numbers that impressed investors and included a healthy subscriber growth outlook. MTCH stock rose more than 5% in response. Ostensibly, the numbers look pretty good. This is a 20%-plus revenue growth company with a rapidly
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Shares of Sonos (NASDAQ:SONO) dropped sharply after the wireless and home speaker manufacturer reported solid first-quarter numbers that topped analyst estimates, but included a warning about second-quarter revenue growth and uninspiring news that CFO Michael Giannetto would leave the company later this year. In response, SONO stock dropped more than 10%. To be sure, the quarter
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U.S. stock futures are trading lower this morning as the pullback looks to continue into its third consecutive trading session. Heading into the open, futures on the Dow Jones Industrial Average are down 0.47% and S&P 500 futures are lower by 0.52%. Nasdaq-100 futures have shed 0.81%. In the options pits, calls once again outpaced
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If there was one investment that took the financial markets by storm in 2018, it was marijuana stocks. The group, headlined by Canopy Growth (NYSE:CGC), Tilray (NASDAQ:TLRY), Aurora (NYSE:ACB) and Cronos(NASDAQ:CRON), wasn’t well known to investors at the beginning of last year. But, by October, these stocks were flying high, with many of them more than doubling between July and October. What
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When the news hit that Amazon (NASDAQ:AMZN) CEO Jeff Bezos and his wife MacKenzie were divorcing after 25 years of marriage, my initial thought was that MacKenzie Bezos would become one of the wealthiest women in the world. Unlike many others, I didn’t consider the possibility that the unwinding of their marriage could affect Amazon
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There’s no doubt we’ve been in a growth-driven market for some time now. Fortunately, the transition from growth-driven to income-driven is a bit gentler than it was when the tech crash happened in 2000. Back then, people were saying things like “growth is the new income.” At the time, most long-term investors were in solid
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