IIPR Stock Represents a Long-Term Opportunity Marijuana stocks briefly attracted investors' attention following the 2022 mid-term elections, when Maryland and Missouri voters approved legalizing recreational cannabis. While federal decriminalization of recreational pot has yet to materialize, the White House will pardon people who were convicted of simple possession…
GTX Stock Is an Auto Tech Stock for Contrarian Investors The COVID-19 pandemic led to significant microchip shortages globally, which had negative impacts on vehicle production. The supply situation has vastly improved, but now there are concerns about market demand. Take the case of Garrett Motion Inc (NASDAQ:GTX).…
Why PLNHF Stock Could Keep Rising One of the best, yet overlooked, U.S. marijuana stocks right now is Planet 13 Holdings Inc (CNSX:PLTH, OTCMKTS:PLNHF). Planet 13's Las Vegas SuperStore, which is just off the Las Vegas Strip, is the largest cannabis entertainment complex in the world. In December 2022,…
Government Support for Tech Industry Could Benefit SKYT Stock Semiconductor stocks were under pressure for most of 2022, but they've been rallying since their October 2022 low. The Nasdaq went up by about nine percent in January of this year. While there continue to be macroeconomic uncertainties for…
TLLTF Stock Bullish on Growing Brand Partnerships Marijuana stocks have had a tough go of it over the last few years as politicians in Washington, D.C. dragged their feet on federal legalization of cannabis. Despite the fact that the majority of American voters on both sides of the…
EngageSmart Inc Helps Improve Customer Experience The beginning of this year has seen technology stocks attract strong buying. This isn’t surprising, given the significant price deterioration of tech stocks in 2022. For risk investors, there are aggressive opportunities for those who are patient and are willing to accept…
AEHR Stock Up 65% Since Start of 2023 Shares of Aehr Test Systems (NASDAQ:AEHR) recently ripped to a record high, building on the gains they made since the company reported another quarter of great financial results on January 5. Aehr Test Systems stock finished calendar year 2022 down…
Beaten-Down GTBIF Stock Worth a Look Marijuana stocks continue to battle a bearish bias that saw the ETFMG Alternative Harvest ETF (NYSEARCA:MJ)—a broad measure of the leading pot stocks in the U.S. and Canada—decline by 58% in 2022. That was after major selling in 2020 and 2021. In 2020, the…
CTLP Stock Has 110% Upside Shares of Cantaloupe Inc (NASDAQ:CTLP) have made some decent gains since November 2022, climbing by about 40% since then. Conservative Wall Street analysts think Cantaloupe stock has a lot more room to run, potentially making gains of 110% over the next 12 months.…
Why INFN Stock Looks Cheap Right Now As more organizations dive deeper into 5G technology as a way to power the wireless communications of the future, I expect we could see a renaissance in the 5G space. One rapidly growing player in the optical networking and 5G sectors…
Recreational Pot Sales in Missouri Could Hit $900 Million in 2026 Sales of recreational marijuana are set to begin in Missouri on February 6. This follows the passing of Amendment 3, the Marijuana Legislation Initiative, after 53% of the state's voters approved it on November 8, 2022. (Source:…
MRCY Stock's Price Weakness Presents a Contrarian Opportunity The selling capitulation in the stock market in 2022 was focused on technology and growth stocks, but the negative investor sentiment led to collateral damage in the majority of other sectors. Many aviation-related stocks that were sold off from 2020…
Why Outlook Is Bullish for GSAT Stock Globalstar, Inc. (NYSEAMERICAN:GSAT) could be one of the biggest winners in the stock market this year. Globalstar stock finished 2022 up by 10%, which was far better than the performance of the S&P 500, which ended the year flirting with a…
NFLX Stock Still Demanding High Premium In 2020, with many people confined to their homes due to the COVID-19 pandemic, there was a surge in demand for goods and services such as food deliveries, exercise equipment, technological gadgets, and video streaming. On November 17, 2020, shares of video…
TLRY Stock Has High Potential Last year was terrible for cannabis stocks. That was despite President Joe Biden saying he would pardon all federal offenses of criminal marijuana possession and ask the Department of Health and Human Services and Attorney General Merrick Garland to “expeditiously” review how cannabis…
Why TSLA Stock Remans Tops Among EV Stocks During the technology stock sell-off of 2022, one of the hardest-hit sectors was electric vehicles (EVs). As of this writing, the Global X Autonomous and Electric Vehicles ETF (NASDAQ:DRIV) has declined by 28% year-over-year. Helping lead that decline was EV…
CHPT Stock Set to Rise Because of Deal With Mercedes-Benz I’m not going out on a limb by saying that 2022 was miserable for stocks. The S&P 500 ended the year down by approximately 20%, and the Nasdaq went down by an eye-popping 32.5%. One sector of the…
S Stock Could be a Winner As we move along in 2023, we face major macroeconomic uncertainties domestically and globally. This will likely result in continued volatility in the stock market for the foreseeable future, but patient investors could be rewarded. Technology stocks took a beating in 2022,…
Crowds Swarm as New York’s First Legal Pot Shop Opens New York kicked off 2023 as the latest U.S. state to legally sell recreational cannabis. The first licensed marijuana dispensary to open in the state, "Housing Works Cannabis Company," actually opened its doors on December 29, 2022. (Source:…
Stem Inc Uses Artificial Intelligence to Manage Renewable Energy 2022 was disastrous for technology stocks and other growth stocks. For instance, the Nasdaq recorded its worst year since 2008. This situation presents aggressive contrarian opportunities to risk traders. A green energy stock that's down by about 80% from…
