Over 500 companies are reporting this week including some of the hottest names on the Street.
This week has also become the week of the pot stocks as a handful of those companies will be reporting along with one of the solar giants.
The solar stocks have had a wild year, with big rallies that have lost steam.
The pot stocks, on the other hand, have been coming back down to earth in 2019.
Are there buying opportunities in these trendy names?
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="5 Cannabis and Solar Stock Earnings Charts” data-reactid=”18″>5 Cannabis and Solar Stock Earnings Charts
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="1. Cronos Group CRON has beat big 2 quarters in a row but there are still no positive earnings. The shares are down 28% year-to-date. Is the selling overdone?” data-reactid=”19″>1. Cronos Group CRON has beat big 2 quarters in a row but there are still no positive earnings. The shares are down 28% year-to-date. Is the selling overdone?
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="2. Tilray TLRY has done a round trip since its IPO as the shares have plunged 68% in 2019 and are below the 2018 IPO price. Is this one on sale?” data-reactid=”20″>2. Tilray TLRY has done a round trip since its IPO as the shares have plunged 68% in 2019 and are below the 2018 IPO price. Is this one on sale?
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="3. Canopy Growth CGC is down 29% year-to-date as the earnings estimates for 2019 have been cut sharply in the last 90 days. The earnings situation looks improved, so far, for 2020 but is still expected to be negative.” data-reactid=”21″>3. Canopy Growth CGC is down 29% year-to-date as the earnings estimates for 2019 have been cut sharply in the last 90 days. The earnings situation looks improved, so far, for 2020 but is still expected to be negative.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="4. Aurora Cannabis ACB shares are down 31% year-to-date. It is expected to see a loss of just $0.11 in 2019 and $0.04 in 2020 so it’s a lot closer to positive earnings growth than some of the other pot stocks. Is it a deal?” data-reactid=”22″>4. Aurora Cannabis ACB shares are down 31% year-to-date. It is expected to see a loss of just $0.11 in 2019 and $0.04 in 2020 so it’s a lot closer to positive earnings growth than some of the other pot stocks. Is it a deal?
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="5. Canadian Solar CSIQ has beat 4 quarters in a row. Shares have been on a wild ride in 2019 as they rallied over 70% to start the year but now are up just 16%, and are under performing the S&P 500 which is up 23%. Was the earlier rally just a fake out after 4 long years of treading water?” data-reactid=”23″>5. Canadian Solar CSIQ has beat 4 quarters in a row. Shares have been on a wild ride in 2019 as they rallied over 70% to start the year but now are up just 16%, and are under performing the S&P 500 which is up 23%. Was the earlier rally just a fake out after 4 long years of treading water?
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>” data-reactid=”24″>5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Canadian Solar Inc. (CSIQ) : Free Stock Analysis Report
Canopy Growth Corporation (CGC) : Free Stock Analysis Report
Tilray, Inc. (TLRY) : Free Stock Analysis Report
Cronos Group Inc. (CRON) : Free Stock Analysis Report
Aurora Cannabis Inc. (ACB) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research” data-reactid=”25″>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Canadian Solar Inc. (CSIQ) : Free Stock Analysis Report
Canopy Growth Corporation (CGC) : Free Stock Analysis Report
Tilray, Inc. (TLRY) : Free Stock Analysis Report
Cronos Group Inc. (CRON) : Free Stock Analysis Report
Aurora Cannabis Inc. (ACB) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Add Comment