For all the cannabis sector’s promise and growth potential, not much has stirred it market-wise apart from a, shall we say, blunt drop. But, today, I have three bullish cannabis stock predictions for the upcoming year. Currently, the cannabis market is regulated by states, creating a patchwork of regulations. Cannabis investors have long held out
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Robotics ETFs provide a convenient way to gain diversified exposure to robotics, artificial intelligence and automation companies. Rbo Global Robotics and Automation ETF: https://www.zacks.com/funds/etf/ROBO/profile?cid=CS-YOUTUBE-FT-VID Global X Robotics and Artificial Intelligence Thematic ETF: https://www.zacks.com/funds/etf/BOTZ/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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With all the vagaries in the market these days, investors may be better served considering undervalued biotech stocks to buy. At the most basic level, biotechnology firms aim to address critical vulnerabilities in the human condition. Therefore, while the sector certainly features a profit motivation, it generally falls under a feel-good framework. To be fair,
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“Socialism” is a loaded word in the United States—a country where capitalism is the prevailing economic system and is the basis for the system of government. One situation in which the word tends to come up is when Americans look at government programs, especially Social Security. To understand what the debate is about, let’s first review
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Cryptocurrencies, known for their wild gyrations, are actually pretty stable these days, as Bitcoin hovers at its $20,000 resistance level, making it less volatile than stocks. That’s not necessarily good news. Key Takeaways Bitcoin’s volatility has been at a low for a record duration, according to BitMEX’s .BVOL Index, and is currently at 19.65%. Bitcoin
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Editor’s note: Below you’ll find the week 109 release of the NYC Recovery Index, originally published October 4, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery stalled during the week ended October 1, as the overall index score remained unchanged at 76 out of 100. In a
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Yesterday, we kicked off our Innovation Investor holiday shopping spree.  That is, over the past few weeks, we’ve been closely watching a host of fundamental, technical, and sentimental indicators to try and identify the stock market bottom. Last week, nearly all those indicators started flashing. That tells us that the weight of evidence today suggests
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In July, GameStop (NYSE:GME) launched its NFT marketplace to a relatively muted reception. NFT trades had already fallen three-quarters since January, and traders assumed the game retailer had missed yet another party. Shares would eventually drop another 25%. Investor pessimism, however, has quietly turned GME stock into a short-squeeze candidate. Sagging trading volume means that
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On Thursday, Wedbush analyst Dan Ives reiterated his $215 target price for Salesforce (NYSE:CRM), re-crowning the software firm as the Dow Jones stock with the highest implied upside. For many first-time investors, these target prices are often irresistible. Walmart (NYSE:WMT) at $169… Intel (NASDAQ:INTC) at $55… Goldman Sachs (NYSE:GS) at $456… These numbers provide a
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Cannabis stocks have been crushed this year due to the lack of progress on the federal legalization of marijuana and macro challenges. However, President Joe Biden’s historic decisions to pardon people convicted of “simple possession of marijuana” and to review the classification of marijuana as a Schedule 1 drug have revived investors’ attention in the cannabis
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The White House announced on Oct. 6 that it was pardoning many convicted of simple marijuana possession, creating a good deal of hot pot stocks to buy. On the day of the announcement, the AdvisorShares Pure US Cannabis ETF (NYSE:YOLO) gained 34%. The second-largest U.S.-listed ETF, the ETFMG Alternative Harvest ETF (NYSE:MJ), gained 20%. Both have returned to
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