|Day Low/High||161.11 / 167.75|
|52 Wk Low/High||104.28 / 214.48|
A look at the charts of the maker of Corona beer.
This precarious rally came on the back of oil production cut talks, but the equity markets remain in a downtrend.
Do we want to be another Milan or Wuhan, or do we want to have a real, healthy rally -- a victory rally?
Here are three names that should drag on as other financially strapped names risk going up in smoke.
The NYSE used to be the center of capitalism, but now it's where actual engineering, not financial engineering, is taking place.
Buyers of the beer and wine seller's shares have become more aggressive.
Let's dissect these two concepts that explain why we're rallying like we are now.
Apparently, unless the Iranian military simply does not train on their weapons, which I do not believe, the exercise was one of saving face... for now.
BankofAmerica/Merrill Lynch raises its price target for Canopy Growth from $22 to $26 this morning. The brokerage is less keen on an imminent takeover by Constellation but more excited about the timing of a fundamental profit turn in the business wi...
A thoughtful post by Tim "Not Judy or Phil" Collins on Canopy Growth . I have long thought that a Constellation /Canopy merger was in the cards. And so does Tim think the same!
The cannabis company just brought on STZ executive as new CEO, and this move is likely lining up bigger things to come as sector shakes out.
Canopy Growth embarked on a CEO search in July 2019 after the dismissal of founder and CEO Bruce Linton. The company, at that time, cited the need to bring "new vigor" and organization to Canopy. (Earlier in the year there were investor concerns abo...
Canopy Growth is higher on news that the former Constellation Brands CFO, David Klein, has become CGC's CEO.
Morningstar Magazine offers insight into future growth potential for cannabis industry and stocks.
* Let's get "Chai!" As subscribers know, until recently I have stayed away from a broad-based exposure in the cannabis industry over the last few years, for Canopy Growth , which I thought would be a clear winner because of the imprimatur and the m...
CGC reported a wider than expected loss that included a slew of write-downs leading some to conclude this a kitchen sink quarter.
Those looking for dividends from STZ should be cautious as consumers swap out beer for wine and distilled drinks, fires rage in California and tariffs hit European imports.
Top picks include blue chips and under-the-radar names.
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.
Why I'm leaning toward a trade in the former cannabis darling.
The producer of alcoholic beverages offers mixed technical signals, though trading volume in the shares has been diminishing this year.
There is also reason to see longer-term equity strength in valuations.
What is the green swan that will bring buyers back to cannabis companies?
I'm considering establishing a long investment stake in a package of cannabis stocks, with emphasis on U.S.-based companies.
* 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...
Let's go to the charts and indicators.
* "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...