Investors largely look at penny stocks to buy from a trading or speculation perspective. The idea is to sell when the stock doubles or triples. In most cases, this strategy makes sense because penny stocks largely represent companies with average or poor fundamentals. The risk factor is therefore high and penny stocks are not worth holding in the core portfolio. Having said that, there are exceptions. Several high-quality growth stocks of today were penny stocks at one point in time. In the universe of penn ...

Cronos Group Inc. (NASDAQ:CRON) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Shayne Laidlaw - IR Mike Gorenstein - Chairman, President & CEO James Holm - CFO Conference Call Participants John Zamparo - CIBC Matt Bottomley - Canaccord Genuity Operator Good morning. My name is Britney Morgan, and I will be your conference operator today. I would like to welcome everyone to Cronos Group's 2024 First Quarter Earnings Conference Call. Today's call is being recorded. At this time, ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------|-------|------------------------------------|-----------|------------------------------------------|--------------|-------------------------------|-----------------------|-----------|------------------------------------------------------------------|-----------|---------------------------------------------------------|---------------------| | Canada | $ | Three months \n2024 \n18,871 | ended \n$ | As \n March 31 ...

Net revenue in Q1 2024 increased by 30% year-over-year to $25.3 million "Cronos achieved its highest quarterly net revenue from continuing operations on record at $25.3 million, up 30% yearover-year. The top line was propelled by 31% growth year-over-year in Canada, and 27% growth year-over-year in Israel. Cronos' strong first quarter results are a testament to our global team's commitment to excellence, innovation and their ability to adapt to changing market conditions," said Mike Gorenstein, Chairman, Pr ...

The rules of investing have significantly changed over the years. That particularly holds true for investors looking for short-term gains. For a value investor, the best strategy is to buy when there is blood on the street and hold patiently.For a trader, charts provide insight into the timing of entry or exit. However, in the last few years, exposure to stocks with high short interest or exposure to the best meme stocks has done wonders. The focus of this column is on meme stocks to buy that can skyrocket ...

Canadian Cannabis Market Leaders: Stocks to Watch This MayAs May 2024 begins, Canadian cannabis companies are catching the eye of savvy investors. Among these, Canopy Growth Corporation and Aurora Cannabis stand out for their expansive market reach and innovation. These companies have been pioneers in the cannabis industry, expanding their operations globally. They are well-positioned to capitalize on emerging markets. This is due to their early entry and continuous investment in research and development.Th ...

Warren Buffett is a well-known proponent of value investing. The legendary investor waits for the right valuation before making a big plunge. The whole idea is to buy a good business at a great price. Coming to the point of discussion, I believe that it’s a good time to consider some of the best cannabis stocks to buy.There is no doubt that certain cannabis stocks are already undervalued. However, if there is an opportunity to buy at lower levels, waiting makes sense. With the potential delay in rate cuts, ...

TORONTO, April 26, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ:CRON) (TSX:CRON) ("Cronos" or the "Company") will hold its 2024 Annual Meeting of Shareholders on Thursday, June 20, 2024, at 11:00 a.m. ET. Cronos will be conducting the meeting in a virtual-only format via live audio webcast. Registered shareholders and duly appointed proxyholders will have an equal opportunity to participate in the 2024 Annual Meeting online regardless of their geographic location, including a chance to ask questions a ...

Key PointsThe Amplify Alternative Harvest ETF has 30 holdings in cannabis stocks, providing investors with diversification within the industry.Cannabis stocks have been making headlines due to the April 1, 2024, legalization of cannabis in Germany.The U.S. Department of Health and Human Services (HHS) has recommended the DEA consider reclassifying cannabis to a Schedule III drug down from a Schedule I drug, which currently carries a maximum prison sentence of 20 years to life.5 stocks we like better than Am ...

Even with a relatively small allocation, meme stocks can be game-changers for portfolio returns. Multibagger returns within a few quarters are not uncommon in the world of meme stocks. This column focuses on meme stocks to buy in April for returns in the range of 50% to 100% before the end of 2024.There were two primary catalysts for the meme stocks discussed. First, these stocks represent ideas with industry or company-specific tailwinds that will drive growth and value creation.Further, the season for mem ...