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Why Jim Cramer Believes Canopy Could Be the Next Amazon

Katherine Ross

Jim Cramer said that he believes that Canopy Growth could be the next Amazon. Here's why he thinks that the cannabis company could be the next Amazon.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of GETI B.ST earnings conference call or presentation 17-Jul-19 8:00am GMT

    Q2 2019 Getinge AB Earnings Call

  • Britain Is Turning Into a Hot Spot for Natural Gas Storage Sites
    Business
    Bloomberg

    Britain Is Turning Into a Hot Spot for Natural Gas Storage Sites

    InfraStrata Plc, which is planning a 265 million-pound ($330 million) storage facility in Northern Ireland, said the need for space is so strong that commodities firm Vitol Group last month booked the entire capacity of the Islandmagee site. The project's seven salt caverns have enough room to more than fully meet U.K. gas use in winter for one day. “There is more demand in the market than we can satisfy with Islandmagee,” said John Wood, the chief executive officer of InfraStrata.

  • I’m 65, my mortgage is paid off and I have $370,000 in savings, so why I am still worried about money?
    News
    MarketWatch

    I’m 65, my mortgage is paid off and I have $370,000 in savings, so why I am still worried about money?

    I do know that mom and dad always taught us to save something from each paycheck and to plan for the rainy day. That said, I can't help but worry about money. I don't consider myself a spend thrift and have charitable donations between 10% and 15% each year.

  • A Passenger Was Fined $105,000 and Banned for Life for 'Extremely Disruptive Behavior' on an Airplane
    World
    Time

    A Passenger Was Fined $105,000 and Banned for Life for 'Extremely Disruptive Behavior' on an Airplane

    An unruly passenger has been billed $105,000 after her “extremely disruptive behavior” caused a flight to be diverted with a military escort. British budget carrier Jet2 accused passenger Chloe Haines of “a catalogue of aggressive, abusive and dangerous behavior,” including trying to open the aircraft door, during a flight from the U.K. to Turkey. The airline said in a statement Haines was restrained by crew with the help of other passengers as two military fighter jets escorted the aircraft back to London Standsted.

  • Chevrolet unveils new Corvette, this one with engine behind the driver (PHOTOS)
    Business
    American City Business Journals

    Chevrolet unveils new Corvette, this one with engine behind the driver (PHOTOS)

    Chevrolet introduced its new Corvette model in Southern California on Thursday — the first mid-engine Corvette in the company's history. At an unveiling in Orange County, the General Motors (NYSE: GM) unit revealed a new Corvette that it claims "drives better than any vehicle in Corvette history." Chevrolet officials said the front-engine model, which it's been making since 1953, "reached its limits of performance," which is why they said the new engine is located behind the driver.

  • Boeing stock rallies after aircraft maker puts a price tag on 737 Max debacle
    Business
    MarketWatch

    Boeing stock rallies after aircraft maker puts a price tag on 737 Max debacle

    Boeing Co. stock rose to its highest level in nearly a month on Friday after Wall Street breathed a collective sigh of relief as the aircraft maker put a relatively paltry price on the problems facing its 737 Max aircraft. Boeing (BA) late Thursday said it expected a $5.6 billion hit in second-quarter revenue and pre-tax earnings. It also disclosed a $1.7 billion increase in costs to produce the aircraft. Shares rose more than 3%, putting them on pace for their biggest one-day percentage increase since June 18 and on track for their highest close since June 26.

  • Is There An Opportunity With Macquarie Infrastructure Corporation's (NYSE:MIC) 39% Undervaluation?
    Business
    Simply Wall St.

    Is There An Opportunity With Macquarie Infrastructure Corporation's (NYSE:MIC) 39% Undervaluation?

    In this article we are going to estimate the intrinsic value of Macquarie Infrastructure Corporation (NYSE:MIC) by taking the expected future cash flows and discounting them to their present value. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.

  • Microsoft's blow out quarter beats projections by $1 billion
    Business
    Yahoo Finance Video

    Microsoft's blow out quarter beats projections by $1 billion

    Microsoft shares are hitting a record on stronger-than-expected fourth quarter earnings results. Yahoo Finance's Brian Sozzi joins Seana Smith on 'The Ticker' to discuss.

  • Contract Win in Italy Highlights the Edge in Aurora Cannabis (ACB) Stock
    Business
    SmarterAnalyst

    Contract Win in Italy Highlights the Edge in Aurora Cannabis (ACB) Stock

    The recent announcement by Aurora Cannabis (ACB) that it won a two-year medical supply contract in Italy, reinforces the fact it's becoming the most reliable supplier to end markets. I believe this is going to continue to be a widening moat for the company as a number of its competitors are in disarray on either the future direction of the company, as in the case of Canopy Growth, or ongoing ethical failures; most recently in regard to CannTrust. Markets are looking for reliability, consistency, and availability, and Aurora Cannabis, far more than any of its competitors, has the capacity to provide all of them and more.

  • At Tesla, another quarterly loss is likely, but Wall Street is hoping demand remained intact
    Business
    MarketWatch

    At Tesla, another quarterly loss is likely, but Wall Street is hoping demand remained intact

    Tesla Inc. is expected to report second-quarter results after the bell Wednesday amid a rally for its battered stock fueled by better-than-expected quarterly sales. Investors will zero in on Tesla's (TSLA) outlook for the year and whether the company will continue to say it will sell 360,000 to 400,000 vehicles this year as promised. Tesla earlier this month reported second-quarter sales that were above Wall Street expectations (and a record for the company, it said.) That has buoyed the stock in recent sessions and primed investors to expect a smaller quarterly loss next week.

  • Does Carnival plc's (LON:CCL) 5.7% Earnings Growth Reflect The Long-Term Trend?
    Business
    Simply Wall St.

    Does Carnival plc's (LON:CCL) 5.7% Earnings Growth Reflect The Long-Term Trend?

    Examining Carnival plc's (LON:CCL) past track record of performance is a valuable exercise for investors. It enables us to understand whether the company has met or exceed expectations, which is a powerful signal for future performance. Below, I will assess CCL's latest performance announced on 31 May 2019 and weigh these figures against its longer term trend and industry movements.

  • Business
    Market Realist

    Chewy Reports Q1 Results, Gains Popularity Among Pet Owners

    On Thursday, pet retailer Chewy (CHWY) reported its first-quarter results after the market closed. The company reported its earnings for the first time.

  • Cannabis Stocks Are Crashing: 3 Pot Stocks on Sale
    Business
    Motley Fool

    Cannabis Stocks Are Crashing: 3 Pot Stocks on Sale

    Marijuana stocks' sky-high valuations have been coming back to earth in 2019 on worry that Canada's legal, adult-use market sales are stalling and fervor over growing legalization in the United States is overdone. The tumble in marijuana market caps, however, could offer growth investors a second-chance opportunity to pick up pot stocks at bargain prices. There are a lot of pot stocks you can choose to buy on this dip, but I think HEXO Corp. (NYSE: HEXO), CannTrust Holdings (NYSE: CTST), and OrganiGram Holdings (NASDAQ: OGI) may offer the best bang for your investment buck.

  • Why British American Tobacco, Neptune Wellness Solutions, and Union Pacific Jumped Today
    Business
    Motley Fool

    Why British American Tobacco, Neptune Wellness Solutions, and Union Pacific Jumped Today

    The stock market had a positive session on Thursday, bouncing back from early losses to produce a modest advance. Some individual companies reported news that sent their share prices sharply higher. British American Tobacco (NYSE: BTI), Neptune Wellness Solutions (NASDAQ: NEPT), and Union Pacific (NYSE: UNP) were among the top performers.

  • Here's Why Pacific Biosciences Is Tumbling Today
    Business
    Motley Fool

    Here's Why Pacific Biosciences Is Tumbling Today

    What happened Shares of Pacific Biosciences (NASDAQ: PACB) fell over 14% today as investors grappled with more bad news for long-read DNA sequencing power. The latest twist comes courtesy of the European Patent Office (EPO), which revoked a second patent for the company pertaining to its ability to read long, uninterrupted strands of DNA with its machines. More specifically, the EPO found that the patent in question made too broad a claim to "single molecule sequencing," which is central to the company's entire technology platform.

  • Chesapeake Energy’s stock falls to 20-year low, Kinder Morgan’s drops after earnings
    Business
    MarketWatch

    Chesapeake Energy’s stock falls to 20-year low, Kinder Morgan’s drops after earnings

    Shares of Kinder Morgan Inc. dropped Thursday in active trading, dragged down by a disappointing earnings report and a selloff in crude oil and natural gas prices. The weakness in oil and gas prices also helped fuel an early selloff in energy stocks, before they bounced later in the session, while Chesapeake Energy Corp. shares (CHK) tumbled on heavy volume to close at a 20-year low. The SPDR Energy Select Sector exchange-traded fund (XLE) fell as much as 1.1% in intraday trading, before bouncing to close up less than 0.1% amid a rally in the broader stock market.

  • Trump Did Nothing When Supporters Chanted 'Send Her Back.' The Next Day He Said He 'Was Not Happy.'
    Politics
    Meredith Videos

    Trump Did Nothing When Supporters Chanted 'Send Her Back.' The Next Day He Said He 'Was Not Happy.'

    President Donald Trump said Thursday he was unhappy with his supporters chanting “send her back” after he assailed a young Democratic congresswoman who he's suggested should leave the U.S.

  • I treated my girlfriend to a vacation for paying off her car loan, but she still refuses to listen to my advice on spending money
    News
    MarketWatch

    I treated my girlfriend to a vacation for paying off her car loan, but she still refuses to listen to my advice on spending money

    Dear Moneyist, I work in finance and, even before working in the field, I had a strong interest in personal finance. I carry no debt and, while I know it can't stay that way forever, I'm doing my best to maintain that for as long as I can. I live with my girlfriend in a house she owns and we have our fixed costs broken down amicably.

  • Dalio’s Answer to the End of the Lower-Rate Era Is Gold
    Business
    Market Realist

    Dalio’s Answer to the End of the Lower-Rate Era Is Gold

    Ray Dalio mentioned in a LinkedIn post on Wednesday that it's important for investors to explore the market paradigm in which they're currently operating.

  • Business
    Market Realist

    Cleveland-Cliffs Rises on Better-than-Expected Q2 Results

    Cleveland-Cliffs (CLF) released its second-quarter results today before the markets opened.

  • The biggest bull market ever — yet disaster looms for millions of retirees
    Business
    MarketWatch

    The biggest bull market ever — yet disaster looms for millions of retirees

    That's because — get this — the wealthiest 10% of households own 84% of all stocks—and that includes pension plans, 401(k) accounts and individual retirement accounts (IRAs) as well as trust funds, mutual funds and college savings programs like 529 plans. That means 90% of American households own the remaining 16% of all stock. These sobering stats come courtesy of Edward N. Wolff, an economist at New York University, who tells the New York Times “For the vast majority of Americans, fluctuations in the stock market have relatively little effect on their wealth, or well-being, for that matter.

  • Here's Why Amarin Stock Tumbled Today
    Business
    Motley Fool

    Here's Why Amarin Stock Tumbled Today

    What happened Shares of Amarin (NASDAQ: AMRN) fell as much as 10.5% today after the company announced a public stock offering worth up to $460 million. The commercial-stage pharmaceutical company intends to use the proceeds to support the expanding commercialization of Vascepa. Although the drug product is currently prescribed to treat very high triglycerides, investors are expecting it to be approved by the U.S. Food and Drug Administration to reduce cardiovascular risks in certain patient populations.

  • Should Income Investors Look At Lowe's Companies, Inc. (NYSE:LOW) Before Its Ex-Dividend?
    Business
    Simply Wall St.

    Should Income Investors Look At Lowe's Companies, Inc. (NYSE:LOW) Before Its Ex-Dividend?

    Lowe's Companies's next dividend payment will be US$0.55 per share, on the back of last year when the company paid a total of US$2.20 to shareholders. Calculating the last year's worth of payments shows that Lowe's Companies has a trailing yield of 2.1% on the current share price of $103.75. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid.

  • Here's Why I Think Zebra Technologies (NASDAQ:ZBRA) Is An Interesting Stock
    Business
    Simply Wall St.

    Here's Why I Think Zebra Technologies (NASDAQ:ZBRA) Is An Interesting Stock

    In contrast to all that, I prefer to spend time on companies like Zebra Technologies (NASDAQ:ZBRA), which has not only revenues, but also profits. How Fast Is Zebra Technologies Growing Its Earnings Per Share? In a capitalist society capital chases profits, and that means share prices tend rise with earnings per share (EPS).

  • Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake
    Business
    Motley Fool

    Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake

    To help you find a few companies that fit that description, we asked three Motley Fool contributors for stocks that investors shouldn't give up on, and they came back with Verizon Communications (NYSE: VZ), NIO (NYSE: NIO), and AT&T (NYSE: T). America's top telecom has been lagging Nicholas Rossolillo (Verizon): After a forgettable end to 2018, the stock market has surged through the first half of 2019. The S&P 500 has logged a 20% advance year to date.