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TerrAscend To See Top-Line & Margin Improvement In 2022, Analyst's Thoughts Post Q1 Earnings
Friday, May 13, 2022 - 1:11pm | 580TerrAscend Corp. (CSE: TER)(OTCQX: TRSSF) reported its first-quarter financial results late Thursday, reporting net sales of $49.7 million, up 1% sequentially. The gross profit margin was 30.5% for the period compared to 42.3% in the prior quarter. The adjusted gross profit margin was 38.4% versus...
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This Cannabis Stock Is Analyst's Top Pick Among Canadian LP Group, Here's Why
Wednesday, May 11, 2022 - 2:08pm | 566Village Farms International, Inc. (NASDAQ: VFF) reported Tuesday that its consolidated sales increased 34% year-over-year to $70.2 million in the first quarter of fiscal 2022. Canadian cannabis net sales increased 25% year-over-growth with a gross margin of 34% and adjusted EBITDA of $2.1...
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Bank Analysis On Why Bitcoin Can't Serve As An Inflation Hedge
Saturday, May 7, 2022 - 5:01pm | 304One of the largest banks in the U.S., Bank of America Corp (NYSE: BAC), has recently stated that Bitcoin (CRYPTO: BTC) cannot serve as an inflation hedge. In its recent research paper, the bank mentioned that Bitcoin keeps trading in tandem with the U.S. stocks despite being promoted as a...
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This Analyst Issues Mass Liquidation Warning, Says These 2 Factors Are Driving The Downturn
Sunday, May 1, 2022 - 4:13pm | 450In a recent interview, former Goldman Sachs Group Inc (NYSE: GS) hedge fund manager Raoul Pal says global markets are locked in a mass liquidation phase, and there is a correction in the short term. “This is an ugly market. What I think is going on here is there are two factors for...
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Elon Musk Tweets Investment Advice For Long Run, But Followers Question His Sale Of Tesla Stock
Sunday, May 1, 2022 - 10:06am | 663In the early hours of Sunday, Tesla Inc (NASDAQ: TSLA) CEO, Elon Musk took to Twitter to share some of his investment tips. He advised his followers to buy stocks in companies that make products and services they believe in as a long-term strategy. Since I’ve been asked a lot: Buy stock...
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Schwazze Gains Access To Wider Investor Exposure As It Debuts On NEO Exchange
Wednesday, March 23, 2022 - 8:36am | 327NEO revealed on Wednesday that Medicine Man Technologies, Inc. operating as Schwazze (OTC: SHWZ) is listing on the NEO Exchange. “Today marks a new chapter for Schwazze as they gain access to wider investor exposure and increased quality of trading on NEO, Canada’s Tier 1 exchange for...
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ARK Funds See $8B In Net Outflows, But Cathie Wood Says ETF's Stocks Will Rebound
Sunday, January 30, 2022 - 12:24pm | 425Ark Invest founder Cathie Wood’s flagship ARK Innovation ETF(ARCA: ARKK) has seen a significant decline over the last week, dropping back to a level last seen in mid-2020. The fund is currently down by more than 15%. The holdings of the ARK Innovation ETF are down...
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Co-CEO Reed Hastings Buys $20M Of Netflix Shares Amid Stock Collapse
Saturday, January 29, 2022 - 11:52am | 298According to a regulatory filing with the Securities and Exchange Commission on Friday, Netflix Inc. (NASDAQ: NFLX) Co-Chief Executive Officer Reed Hastings recently bought $20 million worth of shares in the company. On Thursday, Jan. 20, after the bell, Netflix projected weaker...
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Cannabis Oriented SPAC Choice Consolidation Upgrades To OTCQX Best Market
Monday, August 9, 2021 - 11:51am | 271Choice Consolidation Corp. (NEO: CDXX) (OTCQX: CDXXF), a cannabis-focused special purpose acquisition company (SPAC), has qualified to trade on the OTCQX Best Market. The New York company upgraded to OTCQX from the Pink market and began trading on Monday under the symbol "CDXXF,"...
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Jim Lebenthal Isn't Worried About Apple's Stock
Wednesday, May 5, 2021 - 4:41pm | 231Apple Inc (NASDAQ: AAPL) is a multi-year hold, Cerity Partners' Jim Lebenthal said Wednesday on CNBC's "Fast Money: Halftime Report." Cash flow is strong and share buybacks will continue into 2022 and 2023, Lebenthal said. The ecosystem will continue to grow as iPhones...
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If You Invested $1,000 In Facebook Stock One Year Ago, Here's How Much You'd Have Now
Wednesday, May 5, 2021 - 12:15pm | 578Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 50.2%. But there is no question some big-name stocks performed better than others along the way. Facebook’s Run: One...
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Trip Chowdhry Loves Tesla And Apple In 2016
Monday, December 21, 2015 - 4:12pm | 252Trip Chowdhry, analyst at Global Equities Research, just loves Tesla Motors Inc (NASDAQ: TSLA) and Apple Inc. (NASDAQ: AAPL) for 2016. Chowdhry commented on Monday that both companies were leading stocks to own, having more than 20 percent growth returns in a higher-interest rate environment....
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Expert: Traders Will Make 'A Lot Of Money' From This Market Transition
Wednesday, April 15, 2015 - 12:43pm | 480Benzinga recently had a chance to speak with John Canally, Senior Vice President and Economist at LPL Financial, about the current state of the U.S. economy following the disappointing March jobs report. Canally discussed the upside remaining in the stock market, which sectors are his favorites...
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Beware the Ides of March
Thursday, March 15, 2012 - 4:12pm | 561Just like Julius Caesar was stabbed in the back in 44 BC by conspirators in the Roman Senate, so too are we being taken advantage of by our elected officials. You may have heard of the STOCK Act which received Senate approval February 2nd and cleared the House February 9th. STOCK is an acronym...
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Friday's NASDAQ Top Gainers: NuPathe, Marchex, Blackbaud, Grand Canyon Education
Monday, August 8, 2011 - 11:14am | 496POINT ROBERTS - August 8, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 05, 2011. In Friday's session, NuPathe Inc was the top gainer as the stock surged 24.62%. NuPathe Inc (NASDAQ: PATH) soared...