Hilary Kramer
My Favorite Cultivator is Back
This week revolved around one company in particular: Tilray Inc. (NASDAQ:TLRY) and its windfall profit. Nothing else mattered. Yes, it’s possible to run a profitable cannabis business once you combine enough major players and achieve the right efficiencies of scale. TLRY can generate $0.18 per share as long as it keeps selling about $50 million […]
Earnings Season Was A Bust: Sell In August, Come Back In October
Life on Wall Street is a constant struggle between logic and sentiment. Right now, no matter how you weigh these forces, the result is unlikely to give the bulls much in the way of instant gratification. After all, earnings season is winding down now. On the whole, the numbers are objectively good. They’re even better […]
Cannabis Corner: Stay Open to the Small Names
After weeks of reversals, my proprietary cannabis portfolio is back in positive territory. Don’t look to the big growers for the reason. Aurora Cannabis Inc. (NYSE:ACB), Canopy Growth Corp (NYSE:CGC) and Tilray Inc. (NASDAQ:TLRY) are still struggling to get back to work. It takes time to turn a billion-dollar stock around. But here and there, […]
Afraid of a Market Bubble? Don’t Buy Bubble Stocks
Jeremy Grantham is a legend. He says Wall Street is in a bubble bigger than the one that popped in the dot-com era. That’s the headline people are spreading to make you nervous enough to sell your stocks. It worked well before the bargain hunters swooped back in. The S&P 500 dropped almost 4% from […]
Wall Street Wanted Too Much from This Earnings Season
Wall Street wanted too much from this earnings season, even though this week has been fantastic for long-term investors. The only people frowning are traders who won’t settle for anything less than absolute instant gratification. And when you take a step back, it’s clear that those people wouldn’t have been happy either way. Expectations were […]
Cannabis Corner: Marathon Time for ‘Green’ Shoots
Wall Street’s failure of nerve this week played out across all speculative themes, especially Big Cannabis. My proprietary basket of stocks like Aurora Cannabis Inc. (NYSE:ACB), Canopy Growth Corp. (NYSE:CGC) and Tilray Inc. (NASDAQ:TLRY) dropped another 10% and is now up a mere 22% year to date (YTD). If you bought the top, it has […]