Tag: Yahoo Finance

Top Financial Blogger: These 3 Stocks Can Rip Higher in 2020

David Alton Clark’s reputation as one of the best stock pickers in the game precedes him. Based on the blogger’s track record, he has rightfully earned this reputation. According to TipRanks, a fintech company that tracks and measures the performance of financial experts, Clark’s stock picks see a return of 25.7%, on average. Not to mention his success rate, the number of profitable recommendations measured over one year, comes in at 70%. So, it makes sense, then, that the five-star blogger scores the second spot on TipRanks’ ranking of the Top 25 Bloggers.Highlighting the current economic landscape, Clark advises against going all in on any position in one fell swoop when making bets for 2020, which also happens to be a US election year. Following 2019’s record-breaking performance, the market continues to tear higher thanks to the Fed’s monetary policy as well as the improving geopolitical climate. Along with sky-high P/E...

3 Canadian CBD Players Coming to America; Here’s What You Need to Know

One major catalyst for the U.S. cannabis market is cannabinoid or CBD sales. The passage of the 2018 Agriculture Improvement Act (farm bill) legalized hemp production setting the market up for a strong sales ramp.Hemp contains less than 0.3% of tetrahydrocannabinol (THC), whereas marijuana contains up to 30% of the psychoactive compound. CBD is increasingly presumed to contain properties for wellness and pain management increasing the attractiveness of hemp-infused CBD products, but the U.S. FDA has other thoughts.The FDA has questioned the lack of safety research on CBD products and placed into question the approval of edibles. In addition, CBD products aren’t allowed to advertise any medical benefits from the products such as pain relief.For this reason, the large proclamations for huge CBD sales have taken a hit. National retailers haven’t stocked edible products due to the potential ire of the FDA causing a pure CBD company in the U.S. like...