Marijuana stocks have not delivered the returns investors had hoped for, but with a growing number of cannabis stocks turning a profit, interest in the industry could pop in 2022. Innovative Industrial Properties (IIPR) — With potential 102.78% upside, this cannabis-exposed REIT is expected to increase profit margins this year and is a great hedge against
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Several SPAC mergers could be abandoned this year, with these three at particular risk. Riley Principal 150 Merger Corp (NASDAQ:BRPM): FaZe Clan’s poor liquidity and missed targets could make investors develop cold feet as the SPAC merger deal progresses. Digital World Acquisition Corp (NASDAQ:DWAC): Former President Donald Trump-related Truth Social platform’s launch faced challenges, regulatory
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The entire EV market is getting a boost today. From Rivian (NASDAQ:RIVN) to Tesla (NASDAQ:TSLA) to Lucid (NASDAQ:LCID), risk-on sentiment finally appears to be taking hold this Friday. Among the major electric vehicle (EV) makers that are seeing impressive increases, Lucid is a leader. On Friday, LCID stock soared more than 16% around noon EST as investors returned to
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Cryptocurrencies like Bitcoin and Ethereum have gained immense popularity thanks to their decentralized, secure, and nearly anonymous nature, which supports the peer-to-peer architecture and makes it possible to transfer funds and other digital assets between two different individuals without a central authority. How does this automated and pseudonymous system of cryptocurrency ensure that all transactions are processed with
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Some of the Dow’s constituents possess lucrative buying opportunities as they exhibit quality in abundance. I’ve identified a few household names that could bolster your portfolio. Boeing (BA) – Investors haven’t picked up this reopening play just yet. Apple (AAPL) – Robust growth and economies of scale could curb its exposure to global supply-chain issues. Coca-Cola (KO) –
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Financial technology (fintech) stocks are staging a massive rally during Friday’s midday trading. The rally was strong enough to reverse some of the more recent losses suffered by the sector. One of the strongest stocks in this rally is SoFi technologies (NASDAQ:SOFI). SOFI stock is up 18% today as of this writing. Keep in mind
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Novavax (NASDAQ:NVAX) was so close to hitting gold, but the delay in FDA approval for its Covid-19 vaccine has taken the life out of this stock, leaving a lot of investors wondering — what’s next? After reporting its first-quarter results, NVAX stock dipped 20% and hit $43. Despite making the right moves and filing for
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Warner Bros Discovery (NASDAQ:WBD), the new entertainment giant formed on April 8 from the combination of Discovery Inc. and WarnerMedia, is set to become the second-largest media player by revenue after Walt Disney (NYSE:DIS). Since the merger, WBD stock has dropped faster than the equity markets in general, losing more than 30% year-to-date, but it is rebounding
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The U.S. Department of Veterans Affairs, which is commonly referred to as the VA, offers home loan programs to help qualified individuals and families buy, build, or improve a home or they can refinance an existing home loan. While federal law requires VA lenders to abide by Fair Housing laws, that wasn’t always the case.
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