| Prev Close | 19.43 |
| Open | 19.25 |
| Day Low/High | 17.89 / 19.46 |
| 52 Wk Low/High | 19.26 / 59.25 |
| Volume | 7.76M |
| Avg Volume | 4.78M |
Canopy Growth Corp. (CGC)
18.90
0.53
2.70
NYSE : Process Industries
| Exchange | NYSE |
| Shares Outstanding | 347.87M |
| Market Cap | 7.11B |
| EPS | -2.00 |
| P/E Ratio | N/A |
| Div & Yield | N.A. (N.A) |
Cut Your Losses on Cannabis Stocks Like Canopy Growth Here
I thought the sector might have been bottoming out, but it's not.
Jefferies' Cannabis Downgrades Could Provide Bottom Sector Needs
This group appears oversold and downgrades of the big cannabis names may trigger a "buy the bad news" reaction.
Canopy Growth Gets a Quantitative Downgrade to 'Sell'
Let's see what the charts and indicators have in store.
Not Up In Smoke
The market doesn't share my optimism on the management change at Canopy Growth . Nevertheless I am buying aggressively at around $22.10.
Break In!
Break in. David Klein, Constellation Brands' Executive Vice President and CFO, is becoming Chairman of the Board of Directors of Canopy Growth. I view this move as a strong commitment from STZ and a positive for Canopy Growth shares.
At What Price Do You Own Canopy Growth?
Why I'm leaning toward a trade in the former cannabis darling.
I Feel the Need - The Need for (More) Weed
Maverick: I feel the need... Maverick, Goose: ...the need for speed! (high five) - Top Gun In my investing career I have tried hard to uncover and develop unique sources for value-added fundamental information - that many fail to investigate. Case i...
Constellation Brands Could Retest Late May Nadir as Charts Lack Spirit
The producer of alcoholic beverages offers mixed technical signals, though trading volume in the shares has been diminishing this year.
Break On Through
Canopy Growth breaks through $23.
CGC Downtrend
I am told that Canopy Growth breaks its downtrend at about $23. Whatever that means!
Analysts Puffed, Now Passing on Canopy Growth
What is the green swan that will bring buyers back to cannabis companies?
Canopy Growth Moves Up
turns green.
Today's Trades
I added to Boeing and Canopy Growth longs this morning.
From The Street of Dreams
Bank of America has downgraded Canopy Growth to "Neutral" from "Buy" (they have been very bullish from the high), saying industry growth could potentially flatten in the second half: "To be clear, we still see Canopy as a long-term leader in an indu...
Kass: Time to Buy Cannabis Stocks for a Trade -- And Soon for a LT Investment
I'm considering establishing a long investment stake in a package of cannabis stocks, with emphasis on U.S.-based companies.
Adding to CGC
As expected in this morning's opener, cannabis stocks have caught a bid. I have added to Canopy Growth on the small morning dip which followed the initial "pop" higher.
Time to Buy Cannabis Stocks (for a Trade)… and Soon for a Long Term Investment
* CGC could trade up to over $30 on the successful House vote passage of the SAFE Banking Act announced last evening * While the short term may remain rocky (pot stocks are down by nearly 50% since April), investors with longer term timeframes shoul...
The Charts of Canopy Growth Are Missing Signs of Accumulation for Now
Let's go to the charts and indicators.
First Trades of the Day
I just made the first trades of the day: * I added to my short at $140.94. (TLT is up by nearly +$5/share in the last few trading days). * I added to my Kraft Heinz long at $28.18. (As I wrote, 3G's sales of a small portion -- 25 million shares -- ...
Fool Me Twice Shame on Me (Part Deux)
* I continue to trade opportunistically and unemotionally - with a calculator in one hand and a contrarian viewpoint on the other hand * The overnight +20 futures rise (China trade-related) has been reversed to a gain of only 3 handles by 6: 30 am *...
I'm Watching These 3 Stocks on Friday
Snap, Aurora Cannabis and Cars.com have caught my attention.
Have Those Once-Smoking Cannabis Stocks Burnt Down to a Bottom?
Several watchers and market players are deep in the weeds, tracking short action and key companies like Canopy Growth, trying to find out whether the industry has turned over a new leaf.
Stick This in Your Pipe and Smoke It
Canopy Growth is upgraded to buy at Seaport Global Securities.
My Problem Children
* "Everyone" has them Over the last few days I have been working on three problem children -- Macy's , Kraft Heinz and Canopy Growth . Though I have still not completed my analysis (all three companies face substantive competitive and business chall...
These 3 Stocks May Be Near Bottom, and One May Get a 'Lyft'
It's tough to find when a stock has hit the floor, so let's look at three that fell on earnings and could be poised to rise.
Must-See Financial TV
The recently deposed CEO of Canopy Growth is going to shortly appear on CNBC to discuss why he is buying more stock. Must see TV!
Looking at DDS, CGC
bounces +$8 off of its daily low and digests its poor earnings report. I will be doing work on both companies as well as continuing my research over the weekend.
Reaching for Condiments and Cannabis
Moved to large Kraft Heinz and Canopy Growth Corp this afternoon.
