You can cash in on the marijuana revolution, legally. Pot is legal in 28 states 9 states, and Washington D.C. allows recreational use. Since it's not legal at a federal level many legal suppliers and dispensaries are having trouble banking their profits. Investing in Deere (DE) , Scotts Miracle-Gro (SMG) , and Toro (TTC) will help you harvest a different type of green. Deere is up nearly 33% this year. Five major investment firms recently upgraded Deere indicating the company brings strong fundamentals to the marijuana industry. Scotts Miracle-Gro is up more than 42% this year. The company is betting big on pot supplying dirt, fertilizer, growing systems, hydroponic systems, lights, pesticides and more. Toro is up more than 47% this year. Their products are used primarily for sports, commercial and residential landscaping. The company is less risky should legalization slow under the Trump administration.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.