The cannabis sector has been relatively quiet lately. With federal legalization in the U.S. likely still years away, many investors have turned their attention elsewhere, leaving cannabis stocks to collect dust. However, just because the hype around cannabis stocks has faded, doesn’t mean there aren’t still some strong buying opportunities in this space. In fact,
The electric vehicle (EV) market is likely headed toward a slump in 2024. Interest rates remain elevated, and the Federal Reserve does not want to be hasty about cutting them either. Moreover, despite the economy performing better than many had predicted, consumer sentiment remains below where it was before the pandemic. Despite this, there are good reasons to invest in
The near- and medium-term outlooks for growth stocks have greatly improved in recent weeks. That’s because it appears that the Street has, at long last, realized that relatively small increases in interest rates don’t necessarily portend doom for all growth names. Providing evidence for this assertion, the interest on the ten-year Treasury Note had climbed
Analyst upgrades consistently offer valuable insights, deftly guiding investors through market dynamics. 2024 unfolds a promising economic landscape, diverging from past apprehensions. Contrary to previous fears, the U.S. economy is poised for a staggering $7 trillion growth over the next decade. Moreover, this positive outlook is reinforced by widespread analyst upgrades across various sectors, reflecting
The AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) has surged by nearly 30% year-to-date, showcasing the rejuvenated demand for cannabis stocks. Salient to the ETF’s year-to-date performance has been the increased popularity of high-beta securities. Moreover, many anticipate that marijuana will soon be downgraded to a Schedule II category substance from its current Schedule I status,
Last year was wild one for EV company Tesla (NASDAQ:TSLA). The stock surged higher toward year-end, as Tesla surpassed most of its earnings expectations. However, it appears Tesla’s delivery records were more of a result of the company’s price-cutting strategy, with CEO Elon Musk delivered a disappointing outlook due to inflation and low consumer demand.