Investing in marijuana stocks has been anything but smooth lately. The cannabis industry was no more immune to the novel coronavirus than the rest of the wider markets. However, that doesn't mean it's time to abandon pot stocks altogether.The story of 2020 is still unfinished, and there's comeback potential for a number of stocks in the cannabis sector.If anything, the price pressure has created some excellent buying opportunities. These 4 marijuana stocks to buy are particular standouts among the sector:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Aphria (NASDAQ:APHA) * Hexo (NYSE:HEXO) * Cronos Group (NASDAQ:CRON) * Aurora Cannabis (NYSE:ACB)If you plant your seeds today, they just might bear fruit in the second half of 2020. So let's take a closer look at this premium selection of high-potential marijuana stocks. Marijuana Stocks to Buy: Aphria (APHA)Source: Shutterstock If you've been waiting for a compelling entry point in APHA...
After heeding the lessons from 2008-2009, leaders of the financial sector were equipped to step in as needed during the current crisis. As economies continue to lift restrictions and recover from one of the steepest declines on record, it's time to analyze the lessons to be learned and identify needed change. The next crisis--be it climate change, the inequality gap, or retirement systems--is undoubtedly in the making. As we prepare to meet it, we must address crucial questions: Will we be able to transform a system that many believe does not work for them anymore and build a more equitable society? And what role do money managers have beyond their investment mandate and allocating capital to companies that have a social contribution to global challenges? Moderator:
Andy Serwer // Editor-in-Chief, Yahoo Finance Speakers:
Tom Finke // Chairman and CEO, Barings
Penny Pennington // Managing Partner, Edward Jones
Emmanuel Roman // Managing Director and CEO, PIMCO
...
Hyliion Inc., looking to make its own claim in the Class 8 electrified market, launched its Hypertruck Electric Range Extender (ERX), a long-haul, fully electric powertrain, with an order from logistics company Agility for 1,000 trucks. ...
When the novel coronavirus struck, we all knew companies in the digital space would see a sharp increase in usage. That's what happened with Salesforce (NYSE:CRM), Zoom (NASDAQ:ZM), and Slack (NYSE:WORK), all of whom offer services that help companies manage their workflows better in a remote environment. However, DocuSign (NASDAQ:DOCU) stock is also making huge strides during this time.Source: Sundry Photography / Shutterstock.com Based in San Francisco, the company allows organizations to manage electronic agreements through its cloud-based technology. You can use the platform through subscription or free of charge mobile device apps.I am not surprised DocuSign services are seeing increased usage in the current climate. As the crisis prolongs, more and more companies are looking to shift to the cloud and execute their daily work digitally. In such an environment, DocuSign is bound to thrive, and the company's recent earnings are a testament to this fact.InvestorPlace - Stock Market News,...
Initial public offerings (IPOs) are hot again. And perhaps no company exemplifies this more than ZoomInfo Technologies (NASDAQ:ZI). Prior to this year, very few investors were talking about ZoomInfo, or even were aware of the company. Now, ZI stock is one of the trendiest names around. Shares have more than doubled since they IPOed at $22 on June 4.Source: II.studio / Shutterstock.com Even if you didn't get in at the IPO price, you could still make quick gains. ZoomInfo opened trading at $34 and is now at $50. That's a pretty amazing return inside of a month. It's particularly impressive since this isn't a small company either.At current trading levels, ZoomInfo has a market capitalization of around $20 billion, immediately making it a formidable player in the software-as-a-service space. So what is ZoomInfo, and should you own some?InvestorPlace - Stock Market News, Stock Advice & Trading Tips A Closer Look at...
Penn National Gaming (NASDAQ:PENN) is an interesting case of the volatility of human psychology. Initially, prospects for PENN stock were incredibly bullish thanks to the potential synergies involved with the Barstool Sports deal. However, when it became apparent that the novel coronavirus was not fake news, shares cratered. Rather quickly, though, speculation of a societal recovery lifted Penn back up.Source: Casimiro PT / Shutterstock.com Today, even with suffering a sizable 5% loss on the June 25 session, shares are trading in double-digit territory on a year-to-date basis. Still, the sharp decline in PENN stock may be the first indicator of trouble ahead. Unfortunately, the underlying gaming specialist faces two major risks.Obviously, the first worrying headwind is the economy. Earlier in June, the environment appeared favorable for PENN stock. The May jobs report jump-started investor sentiment, with the labor market adding 2.5 million jobs. Later, retail sales for that month witnessed a...
Energy stocks are still treated like pariahs as the world continues to grapple with the disastrous effects of the novel coronavirus. Although Energy Transfer (NYSE:ET) stock hasn't recovered a lot of lost ground, long-term prospects for the energy giant remain excellent.Source: Casimiro PT / Shutterstock.com The midstream company has enough funds to cover its attractive payouts, even though the management is not putting the brakes on pursuing growth. Its cheap valuation, strong dividend yield, and healthier free cash flows convince me ET stock is in fine stead for the future. Dividend Yield Is the Best Among Its Peer GroupWith a dividend yield of 16.1%, Energy Transfer is far and above the leader in its peer group. Although there is concern regarding whether or not the company can maintain this dividend in the current environment, I find those fears unfounded. Free cash flows did fall in the first quarter, but that's understandable....
