The top dividend stock picks for 2023 are surefire ways for investors to protect themselves against several current issues. Their dividends provide extra returns for portfolios that have been battered in a very difficult 2022. Further, they provide income that can be used to offset the effects of stubbornly-high inflation that continues to eat into…

With global recession fears rising, investors naturally find themselves scrambling for boring, dependable ideas but sin stocks may offer a potentially superior (and more exciting) alternative. To be fair, these ideas may challenge your sensibilities. Please do not mistake these companies as environmental, social and governance (ESG) trades. However, during hard times, few fundamental catalysts…

It’s hard to say that Tilray (NASDAQ:TLRY) has had a tough year. Right now, TLRY stock is up 32% year-to-date (YTD) and 53% for the past 12 months. However, in this market, long-term memory isn’t cool. The shares are down almost 18% for the past three months. That’s what gets eyeballs when it comes to…

Sundial Growers (NASDAQ:SNDL) stock has been a meme stock for most of this year as well as a bandwagon cannabis stock a bit longer. Source: Postmodern Studio / Shutterstock.com It continues to make the news. But the news seems more the result of sleights of hand rather than changing fortunes. SNDL isn’t alone in being…

Income investors are facing negative real returns as inflation rates soar. Not only is wage growth falling behind inflation, but cash savings are earning almost nothing in bank accounts. Investors who waited years for interest rates to rise and pay a better return now cannot wait. However, those who found high-yield stock gems have earned…

Multiple pundits who are bearish on Hyliion (NYSE:HYLN) stock seem to be convinced that the company will completely fail, causing its shares to ultimately plummet to nearly $0. Source: Hyliion media But I believe that these skeptics are ignoring several important points. First, the electric truck and powertrain maker has made deals with several major…

For the past three months, the only question with cannabis firm Tilray (NASDAQ:TLRY) was whether it was better to buy the stock or smoke its products. Source: Shutterstock But that all changed (supposedly) yesterday when it announced its fiscal Q4 earnings. The day after the announcement, the stock rallied more than 25% after getting pounded…

Closing out the second complete week of July 2021, the benchmark S&P 500 found itself up nearly 17% year-to-date whereas the technology-centric Nasdaq index was close to being up 14% for the year. With the events of the novel coronavirus leading to unprecedented support for retail investors, the equities sector naturally benefited. Therefore, you may…

Marijuana stocks have been trading higher recently, after Senate Majority Leader Chuck Schumer proposed draft legislation to legalize cannabis at the federal level. Schumer feels that by next year, the country will have made meaningful progress in decriminalizing the substance. As a result, U.S. pot stocks could be looking at a big breakthrough in 2022.…

More and more economists are warning that high inflation is here to stay for the next few years. Because of that, investors are becoming increasingly focused on using stocks to create an inflow of cash that earns them reliable income. To that end, dividend stocks offer folks returns through capital gains along with extra cash…

PepsiCo (NASDAQ:PEP) shares got fizzy this week as earnings crushed estimates, which is good news for anyone investing in PEP stock. Source: suriyachan / Shutterstock.com Pepsi earned $2.37 billion, $1.70 per share, on revenue of $19.2 billion for the three months ending in June. Earnings were 19 cents per share ahead of estimates, and revenue…

After consolidating over the past month, is Canadian cannabis company Tilray (NASDAQ:TLRY) ready to breakout? Source: Shutterstock The Canadian company’s stock nearly went to the moon in February of this year when it was targeted for a short squeeze by retail investors who frequent the r/WallStreetBets sub-Reddit forum. In only a few days, TLRY stock…

Google the words “marijuana stocks to buy,” and you get hundreds of thousands of results. Investors remain enthusiastic about weed’s future despite all the ups and downs the global industry has experienced in recent years. When it comes to marijuana investments, I’ve always been partial to those companies whose business strategy goes well beyond the…

Sin stocks may be controversial for some readers. But they can potentially generate lucrative returns. The so-called “sin” or “vice” stocks mostly include alcohol, tobacco, marijuana, gambling, adult entertainment and defense industries. The AdvisorShares Vice ETF (NYSEARCA:VICE) with holdings in gambling, alcohol, tobacco, restaurants and hospitality has gained more than 50% over the past year.…