It's no secret some pot stocks have been on a tear. In fact, it took the North American Marijuana Index only 21 months to run up 441% to its peak! Like many once "hot" investments, pot stocks have come back down in price. But we see better days ahead for them. Pot is fully legal in 11 U.S. states and medical marijuana is legal in 33 states. The Canadian government has now officially legalized pot for personal use across the country. In this post-legalization boom, the upside potential for marijuana stocks remains high, driven by speculation.
One marijuana stock we’ve been very positive on just reported a 3,300% increase in its fiscal second quarter revenue (over same quarter of last year). Yes, that’s 3,300% growth in sales. The company operates 25 legal and licensed pot stores with plans to open another 85 stores within the next two years! No wonder we’re so excited about this company!
You can learn all about this $1 marijuana stock in a special hot-off-the-press investor research report we’ve prepared called, This $1 Marijuana Stock on the Verge of Breakout? It’s yours FREE when you opt in for our FREE tech investing e-letter, Profit Confidential.
Every investor has a story about the big one that got away. Consider Amazon.com. It was both a “top dog” and a first mover in e-commerce. If you had invested just $10,000 in the online retailer back in 1997, your stake would be worth more than $4 million today. Amazon is hardly an exception. The list of the stock market’s greatest all-time winners is filled with pioneering companies:
Amgen…eBay…Oracle…Google…Netflix…Apple…Qualcomm…Facebook…and more. These innovative firms all made fortunes for their early investors. Finding the next great tech company is our main goal at Profit Confidential. Since 1986, our firm has been dedicated to helping investors earn superior returns through unbiased financial research. We strive to deliver to our readers thorough analyses of current tech trends, events, and investment opportunities in this daily bulletin. Combined, we have more than 100 years of experience in analyzing various investment markets. Our analysts include MBAs, BAs, B.Comms, P. Engs, MAs, and LLBs. Get our opinions and forecasts coming to you daily when you opt in for Profit Confidential now!
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