Author: Vitaliy Dadalyan

Buy Costco Stock With Both Hands

Over the past six months, big-box retailer Costco (NASDAQ:COST) has proven itself to be a resilient holding for long-term investors. Costco stock fell below $300 per share in March but has since made its way to new highs amid the novel coronavirus outbreak.Source: ilzesgimene / Shutterstock.com Costco is always a buy on a pullback, but with the share price trading near all-time highs, is it still worth picking up? The answer is yes if you're a long-term investor. COST benefits from both long- and short-term catalysts that make it a valuable addition to almost any portfolio. With the market's volatility set to continue through the end of the year, investors could start building a position in Costco stock slowly and keep the firm on their watch list to buy any future dips. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Costco Stock Is the Ultimate Pandemic PlayUnlike many other...

4 Debt-Free Companies With Strong Stocks to Buy

There are several sectors where companies leverage for growth. Leverage can be productive when the industry or GDP growth is robust. On the other hand, in times of economic downturn, leverage can stress the balance sheet and result in potential bankruptcy.There are also less capital-intensive sectors that require less debt. Further, there are companies that prefer to infuse capital through equity than debt. These debt-free companies have strong fundamentals and ample financial headroom to pursue aggressive growth. * 15 Growth Stocks That Are Being Propped Up By Low Rates This column will discuss 4 debt-free companies with stocks to buy. Besides being debt-free, my focus is on stocks that are likely to be in limelight in the coming quarters.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Kirkland Lake Gold (NYSE:KL) * Virgin Galactic Holdings (NYSE:SPCE) * Inovio Pharmaceuticals (NASDAQ:INO) * Moderna (NASDAQ:MRNA)These debt-free companies can be value creators...

Grassroots Shareholders Approve the Previously Announced Curaleaf Acquisition of Grassroots

WAKEFIELD, Mass., July 17, 2020 /CNW/ -- Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, and GR Companies, Inc. ("Grassroots"), jointly announced today that Grassroots's shareholders have approved the proposed Curaleaf acquisition of Grassroots. Over 87% of shareholder returned proxies approving the transaction at the July 16 shareholder meeting, resulting in unanimous approval in accordance with provisions of the Grassroots shareholders agreement....

U.S. energy secretary signs initial agreement with India on emergency oil reserves

The United States and India signed a preliminary agreement on Friday on cooperating on emergency crude oil reserves, including the possibility of India storing oil in the U.S. emergency stockpile, officials said. U.S. Energy Secretary Dan Brouillette told reporters in a teleconference with India Oil Minister Dharmendra Pradhan, that officials will discuss details of the emergency reserves in the next months....

Momentum in Canopy Growth Stock Could Send Shares to $22

Can Canopy Growth (NYSE:CGC) break out over resistance? That's what investors want to know now that Canopy Growth stock, Aphria (NYSE:APHA), and others cannabis stocks are beginning to find some upside momentum. Source: Shutterstock If this group can get buyers to return, then we could see some powerful moves across the board. Cannabis and CoronavirusThe novel coronavirus caused a painful spill in the equity markets. However, many names have come roaring back to life. In some instances, like with the Nasdaq, these investments have gone on to hit new highs. InvestorPlace - Stock Market News, Stock Advice & Trading TipsCannabis stocks were starting to look better in the first quarter of 2020. That was after bottoming in Q4 and showing signs of moving higher. In any regard, cannabis stocks understandably sold off. Many of these names have inferior balance sheets -- thankfully CGC stock isn't one of them -- and have...