Why Canopy Growth, Aurora Cannabis, Tilray, and Sundial Stocks Are on Fire

Marijuana stocks are on fire Monday, as multiple Wall Street analysts update their valuations in the sector and news emerges from Italy concerning prospects for legalization in that country. Sundial Growers (NASDAQ: SNDL) -- meme stock traders' favorite flavor of cannabis -- is gaining 2.2%. Tilray (NASDAQ: TLRY) is topping a 4.5% gain. Read More...

Motley Fool

Why On Semiconductor Stock Just Jumped 15%

Three months ago, shares of On Semiconductor (NASDAQ: ON) racked up double-digit gains after reporting a solid earnings beat relative to Wall Street expectations and, well … “second verse, same as the first.” On Semiconductor set a record for quarterly revenue in Q3, up 32% year over year. When calculated according to generally accepted accounting principles (GAAP), however, earnings weren’t quite as good as the $0.87 pro forma figure note above.

Read More