Aphria Stock, Other Pot Names Hit Hard on Analyst Comments
It didn't take much for a basket of cannabis stocks to lose between 5% and 9% in Friday trading. The magic word was "supply." As in, not enough. At least ...Read Full Story »
Consumer Products
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How Does CannTrust Stock Become a Buy Again?
Ontario-based cannabis cultivator CannTrust Holdings Inc. (NYSE: CTST) stopped selling its cannabis products last July following the Canadian government's suspension of the company's license for illegally growing thousands of pounds ...Read Full Story »
Will Focus on Pharma Lift Aphria Stock?
Ontario-based Aphria Inc. (NYSE: APHA) ran into a brick wall named Health Canada in 2019. The government agency did not issue a license for the company's massive new 1.3-million square ...Read Full Story »
Procter & Gamble Stock Stumbles Over Revenue Miss, So-So Outlook
Procter & Gamble Co. (NYSE: PG) reported second-quarter fiscal 2020 results before markets opened Thursday. The consumer products maker posted adjusted diluted earnings per share (EPS) of $1.42 on revenues ...Read Full Story »
Can Procter & Gamble Hit New Highs When It Reports Thursday Morning?
Procter & Gamble Co. (NYSE: PG) is set to report its fiscal second-quarter financial results after the closing bell on Wednesday. The consensus estimates are calling for $1.37 in earnings ...Read Full Story »
Why 2020 May Be the Year for Organigram Stock
It's a little awkward talking about cannabis companies after a horrible, bad, not-very-good year like 2019. The industry's largest exchange-traded fund, the ETFMG Alternative Harvest ETF (NYSEARCA: MJ), ended the ...Read Full Story »
Will Hexo’s Direct Offering Help Push the Stock Higher?
Hexo Corp. (NYSE: HEXO) shares slid on Friday after the Canadian cannabis firm announced that it is conducting a direct offering of $20 million worth of shares. The effort is ...Read Full Story »
Can Nike Outrun a Ban on Its Latest Shoes?
Nike Inc. (NYSE: NKE) has made great strides over the past year, not only with its shares up incredibly but also its new Vaporfly Next% shoes have dominated the running ...Read Full Story »
Can Tilray Stock Make a Comeback?
When Canadian cannabis grower Tilray Inc. (NASDAQ: TLRY) came public in the United States in July of 2018, the company's initial public offering priced at $17 a share, above the ...Read Full Story »
Organigram Stock High on Results and on Expected Products Coming in 2020
Organigram Holdings Inc. (NASDAQ: OGI) was one of the top stock market gainers on Wednesday after the cannabis and cannabis-derived products seller posted earnings. Many pot stocks have tried to ...Read Full Story »
Cannabis Companies Scare Off Short Sellers
Cannabis stocks had a huge showing on Wall Street last year. In fact, most of the news flow surrounding these stocks had investors pouring money into them. Some of the ...Read Full Story »
Will Altria Stock Be Hammered by Tobacco Products Falloff?
Altria Group Inc. (NYSE: MO) has its roots in a business that is over a century old. Tobacco and cigarettes may not have the market they used to, but there’s ...Read Full Story »
Trader Joe’s Knocked Off as America’s Favorite Grocery Store By a Texas-Only Chain
The best grocery chain in the country, knocking Trader Joe's out of first place, is H-E-B -- whose supermarkets are located entirely in Texas and northeastern Mexico. That’s according to ...Read Full Story »
Constellation Brands Cheers Solid Q3 Results
When Constellation Brands Inc. (NYSE: STZ) reported its fiscal third-quarter financial results before the markets opened on Thursday, the beverage giant said that it had $1.85 in earnings per share ...Read Full Story »
Why Kellogg and Mondelez Could Soar in 2020 but Kraft Still Looks Confused
When it comes to investing, many investors have different reasons to own different sectors of the stock market. Some investors prefer the aggressive return possibilities for technology, but other investors ...Read Full Story »
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