Why Pot 2.0 Could Return Big Gains
2020 could be a great year for pot stocks. This year is looking bullish, as the segment has been easily outperforming the Nasdaq and S&P 500. In my view, a return to the risk on trade could provide a massive boost to marijuana stocks.
In 2018, cannabis stocks skyrocketed based on the euphoria of cannabis legalization in Canada. We saw sky-high estimates, hinting at triple-digit growth and a belief that pot consumers would line up endlessly for legal marijuana.
But that.
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2020 could be a great year for pot stocks. This year is looking bullish, as the segment has been easily outperforming the Nasdaq and S&P 500. In my view, a return to the risk on trade could provide a massive boost to marijuana stocks.
In 2018, cannabis stocks skyrocketed based on the euphoria of cannabis legalization in Canada. We saw sky-high estimates, hinting at triple-digit growth and a belief that pot consumers would line up endlessly for legal marijuana.
But that.
Den vollständigen Artikel lesen ...