Penny stocks are a great way to make money in the stock market. They’re also an incredible way to take advantage of speculation. Whether it’s weeks leading up to a potential FDA decision, a period of global unrest (like we’ve seen recently), or pending government decisions, traders of cheap stocks tend to play the rumor. In this light, the trend continues with marijuana stocks surging over the last 24 hours, and penny stocks are at the center of the interest. Today we look at a handful of cannabis names to watch as momentum builds on MORE Act speculation.
Marijuana Penny Stocks To Watch
- Sundial Growers Inc. (NASDAQ: SNDL)
- Corbus Pharmaceuticals Holdings Inc. (NASDAQ: CRBP)
- Greenlane Holdings Inc. (NASDAQ: GNLN)
- HEXO Corp. (NASDAQ: HEXO)
Best Penny Stocks To Buy
Are marijuana stocks the best types of penny stocks to buy? Since speculation is playing a huge role right now, it’s essential to realize that what you’re seeing in the stock market today isn’t the norm. Looking at the last few years of the cannabis industry shows quite the opposite. This is likely a big reason why there’s been such an amplified move in so many marijuana penny stocks; traders have waited a long time for new developments to emerge on the legislative side of the industry.
While earnings growth has been strong, legalization is one of the biggest hurdles – at least…
Original Author Link click here to read complete story..
Penny stocks are a great way to make money in the stock market. They’re also an incredible way to take advantage of speculation. Whether it’s weeks leading up to a potential FDA decision, a period of global unrest (like we’ve seen recently), or pending government decisions, traders of cheap stocks tend to play the rumor. In this light, the trend continues with marijuana stocks surging over the last 24 hours, and penny stocks are at the center of the interest. Today we look at a handful of cannabis names to watch as momentum builds on MORE Act speculation.
Marijuana Penny Stocks To Watch
- Sundial Growers Inc. (NASDAQ: SNDL)
- Corbus Pharmaceuticals Holdings Inc. (NASDAQ: CRBP)
- Greenlane Holdings Inc. (NASDAQ: GNLN)
- HEXO Corp. (NASDAQ: HEXO)
Best Penny Stocks To Buy
Are marijuana stocks the best types of penny stocks to buy? Since speculation is playing a huge role right now, it’s essential to realize that what you’re seeing in the stock market today isn’t the norm. Looking at the last few years of the cannabis industry shows quite the opposite. This is likely a big reason why there’s been such an amplified move in so many marijuana penny stocks; traders have waited a long time for new developments to emerge on the legislative side of the industry.
While earnings growth has been strong, legalization is one of the biggest hurdles – at least…