|Day Low/High||212.15 / 214.24|
|52 Wk Low/High||160.63 / 244.75|
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...
Analysts say nation will turn a new leaf, changing federal law within a few years, as cannabis industry expected to grow big time over next decade.
Let's examine the latest charts and indicators.
It all comes down to matching my time frame.
I'm only considering selling the puts. The dividend is not that attractive.
Let's see if we can identify the next sustained move.
Changes will come as they move their wine and spirits business to the 'high end', and develop the activities of Canopy Growth, which promises cannabis-infused drinks.
The risk is that the chief design officer's departure will cause technical issues in Apple's chart.
Some key names are set to release their latest earnings results.
Canopy Growth's latest financial results offer a reality check.
Canopy's earnings losses could just be a stepping stone to becoming the industry leader.
I just wrote a piece for Real Money covering fourth-quarter earnings for Canopy Growth , the name most analysts refer to as the top cannabis play in Canada. As you have likely seen by now, the company's operational loss for the quarter printed ugly...
The cannabis company's performance as outlined in its year-end report should not inspire investor confidence.
While the cannabis company's stock is sliding on its year-end report, at least one analyst sees a long-term buying opportunity.
CGC has the best chance to transition to broader success should the U.S. ever go the route of legalization beyond the state level.