Top Marijuana Stocks Are On Their Way To Better Trading TodayThe progress of the cannabis industry has been a remarkable achievement. Now many knew this explosion of legal cannabis would happen in such a way. Legal cannabis across the globe is growing and spreading like wildfire. Even though marijuana stocks are not seeing the same success as companies investing in the public sector, it could be profitable down the line. Companies have been expanding operations and teaming with other entities to further mee ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Core Insights - Equinor ASA has received approval from the Norwegian Offshore Directorate to drill a wildcat well in the Barents Sea, specifically wellbore 7117/4-1, which is part of Production License 1238 [1][7] - The company holds a 40% working interest in the license, with partners Vår Energi, Petoro, and Aker BP each holding a 20% interest [1][7] - The drilling will be conducted using the COSL Prospector rig, which is capable of operating in harsh environments and can drill at water depths of up to 1500 meters and a maximum depth of 7,500 meters [2] Company Rankings and Comparisons - Equinor currently holds a Zacks Rank of 3 (Hold) [3] - Other energy sector companies with better rankings include Flotek Industries (Zacks Rank 1), Oceaneering International, and RPC, both with Zacks Rank 2 [3] - Flotek Industries focuses on green chemistry solutions to reduce environmental impact and operational costs for energy producers [4] - Oceaneering International provides integrated technology solutions across the offshore oilfield lifecycle, supporting revenue growth through innovative solutions [5] - RPC offers a diverse range of oilfield services and is committed to returning value to shareholders through dividends and share buybacks [6]

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

Core Insights - The crash of Air India-operated Boeing 787-8 resulted in the loss of 241 lives, raising safety concerns and causing Boeing's shares to drop by 4.8% [1][7] - Investigations are ongoing, with initial assessments suggesting dual engine failure as a potential cause [2][3][4] - Boeing has expressed condolences and committed to supporting the investigation [5] Group 1: Accident Details - The Air India flight AI 171 crashed in Ahmedabad, India, with 242 people on board, leading to the death of all but one passenger [1] - Experts are examining the possibility of engine failure, bird strikes, or fuel supply issues as contributing factors to the crash [3][4] - One of the black boxes has been recovered, and the investigation is expected to clarify the exact cause [4] Group 2: Boeing's Response and Market Impact - Boeing's management has offered condolences and pledged full support for the investigation by India's Aircraft Accident Investigation Bureau [5] - The incident has raised questions about the safety of the Boeing 787-8, although it is the first major accident for this model [6] - Boeing's stock fell 4.8% following the crash, with pre-market trading indicating a further decline of 1.1% [1][7] Group 3: Industry Implications - Boeing has a backlog of 5,943 aircraft orders, but the crash may lead some airlines to reconsider their orders, potentially benefiting competitors like Airbus, which has a backlog of 8,630 [8] - Despite the incident, the aviation industry continues to operate normally, with thousands of flights taking off and landing safely [9] - Boeing projects a 3% increase in airplane deliveries over the next 20 years, with a demand for nearly 44,000 new commercial airplanes by 2043, indicating long-term growth potential for aircraft manufacturers [10]

Key Takeaways COST's May net sales rose 6.8% to $20.97B, with total comparable sales up 4.3% year over year. E-commerce comparable sales surged 11.6%, highlighting momentum in Costco's digital business. COST trades at a 51.44 forward P/E, well above peers and its own median, signaling a stretched valuation.Costco Wholesale Corporation’s (COST) May sales results offer fresh insight into the retail giant’s current performance. Known for its steady growth and strong position in the warehouse club space, Cost ...

I first wrote about container ship operator Danaos Corporation (NYSE: DAC ) with a Buy rating in early 2024, and it's kept pace with the S&P500 on a total return basis since then. I felt it was too undervalued even with aIndividual investor and family office principal with over 20 years of investment experience. I favor fundamental analysis and look for individual issues and asset classes that are out of favor and represent a good risk/reward trade off. I often employ options strategies, covered calls on co ...