2024年2月9日星期五

Elon Musk's "Project Dojo" is a Game-Changer

Marijuana Investing Daily

Improving Fundamentals Light a Fire Under Pot Stocks

From Our Partners

 

Elon Musk's "Project Dojo" is a Game-Changer

Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation. Click here for its name and ticker symbol (MUST ACT BEFORE MARCH 15).

Improving Fundamentals Light a Fire Under Pot Stocks

By John Persinos

 

To a greater degree than legalization, it's capitalism that's driving the marijuana industry. Let's look at the improving fundamentals that have lit a fire year to date under pot stocks.

So far this year, the marijuana industry has been experiencing greater consolidation through mergers and acquisitions (M&A). This trend has been apparent for the past few years and his significantly picked up steam in the new year.

This trend, driven by various factors including regulatory changes, market maturation, and competitive pressures, is reshaping the landscape of the cannabis sector. While some may view consolidation skeptically, there are compelling reasons why this wave of M&A activity is proving to be a boon for marijuana investors.

At the same time, marijuana companies are generally reporting healthier profits and sales, with less debt on their balance sheets.

Marijuana stocks have rebounded so far this year from their slump in 2023, as business fundamentals improve, state legalization accelerates, and the federal government discusses the possibility of rescheduling weed.

The benchmark marijuana exchange-traded fund (ETF), the AdvisorShares Pure Cannabis ETF (YOLO), has racked up a year-to-date gain that far exceeds that of the benchmark SPDR S&P 500 ETF Trust (SPY). See the following graphic, with data from Yahoo Finance as of market close February 8:

Read More...

They Said We Were Crazy to Do This…

The team at StreetAuthority has just released their top market predictions for 2024… and frankly, you have to see them to believe them… When we first began releasing this report over a decade ago, they said we were crazy to go out on a limb with such bold predictions. But many of our most profitable calls have come from these forecasts… some shooting up as much as 622%, 823%, even 1,168%...and what we've uncovered this year could be even more profitable. Get the full list here.

You are receiving this email at its028@gmail.com  as part of your subscription to Investing Daily. To ensure delivery directly to your inbox, please add postoffice@investingdaily.com to your address book today.

©2024  Investing Daily

20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165

All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.

没有评论:

发表评论