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These 2 Sin Stocks Are Still Operating In Russia And 1 May Not Leave, As Ukraine War Rages On
Sunday, February 26, 2023 - 10:44am | 1089Since Russia invaded Ukraine a year ago, many global companies have exited their Russian operations, closing down retail locations, ending joint ventures, and in some cases selling off their business operations in the country. Two companies are among the examples of businesses choosing to still...
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Video: Cannabis Investing, Stock Picks With C3 Fund's Josh Kincaid, Vice Ventures' Catharine Dockery
Monday, April 19, 2021 - 2:50pm | 1133With cannabis legalization poised to happen on a federal level sooner than later and continued growth of the cannabis industry, marijuana stocks are making an impact within the sin-stock market. In the first three months of 2021, Illinois cannabis taxes exceeded liquor taxes for the first...
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A Look At How Well Sin Stocks Trade In Light Of José Cuervo IPO
Friday, February 10, 2017 - 3:16pm | 740The world’s largest tequila producer, José Cuervo (NYSE: JOSE), successfully launched its long-awaited IPO Wednesday to join the ranks of public companies capitalizing on vice. On day one, the affectionately termed “sin stock” raised more than $900 million with an IPO...
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Problem Children Aren't Derailing Consumer Staples ETFs
Monday, October 26, 2015 - 2:40pm | 714Give the Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) some credit. The largest consumer staples exchange-traded fund by assets is up 6.6 percent year-to-date despite strong dollar headwinds and the subsequent challenges created by speculation, though now dwindling, that the Federal Reserve...
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A Naughty Stock for the Holidays
Wednesday, December 1, 2010 - 11:47am | 661What industry has comparable price returns to the S&P 500 Index but more than double the dividend yield and half the volatility? I'll give you a hint. It happens to be one of the most despised industries in the world but sells a product that its users cannot seem to live without. I'm talking,...
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AmBev: Quenching the Thirst of the Emerging Market Consumer
Monday, October 4, 2010 - 10:58am | 745The highlight of the evening for fans of the 1980s TV show The A-Team was when Hannibal lit up a cigar and uttered his trademark “I love it when a plan comes together.” This is the feeling I get when I look at Brazilian mega-brewer Companhia de Bebidas das Americas, known by most investors as “...