Is now the time to start looking for marijuana stocks to buy. With all the recent commotion about Wall Street, Game Stop, Reddit, and Robin Hood some investors have taken the time to focus on other sectors. Currently, cannabis stocks have been picking up more momentum over the last year. Some marijuana stocks have already reached new all-time highs at the start of the new year. Now even though investors have found a renewed interest in pot stocks the sector is still pretty volatile. This means the way some cannabis stocks trade have consistent price fluctuation. The more volatile a stock is the less some investors want to deal with it.
However, volatility brings the chance to invest in a particular marijuana stock at a lower price point. This can bring a chance to see better gains. Yet only if the cannabis stock you invested in begins to have volatility play in its favor by rising in the market. So far in the new year, many marijuana stocks have been performing well. Much of this newfound momentum came from this past year. Back in 2020, many marijuana stocks had solid Q3 earning reports which resonated well in the market.
Not only this recent election along with the promise of federal cannabis reform played a factor as well. Currently, the sector is still bringing in new investors which let others know now is as good a…
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Is now the time to start looking for marijuana stocks to buy. With all the recent commotion about Wall Street, Game Stop, Reddit, and Robin Hood some investors have taken the time to focus on other sectors. Currently, cannabis stocks have been picking up more momentum over the last year. Some marijuana stocks have already reached new all-time highs at the start of the new year. Now even though investors have found a renewed interest in pot stocks the sector is still pretty volatile. This means the way some cannabis stocks trade have consistent price fluctuation. The more volatile a stock is the less some investors want to deal with it.
However, volatility brings the chance to invest in a particular marijuana stock at a lower price point. This can bring a chance to see better gains. Yet only if the cannabis stock you invested in begins to have volatility play in its favor by rising in the market. So far in the new year, many marijuana stocks have been performing well. Much of this newfound momentum came from this past year. Back in 2020, many marijuana stocks had solid Q3 earning reports which resonated well in the market.
Not only this recent election along with the promise of federal cannabis reform played a factor as well. Currently, the sector is still bringing in new investors which let others know now is as good a…
