|Bid||24.44 x 3000|
|Ask||24.45 x 1300|
|Day's Range||24.19 - 24.61|
|52 Week Range||15.08 - 25.24|
|Beta (3Y Monthly)||-0.56|
|PE Ratio (TTM)||26.07|
|Forward Dividend & Yield||0.36 (1.52%)|
|1y Target Est||29.77|
If you're looking for exposure to precious metals to protect your portfolio's downside, Wheaton's dividend could give it the edge over peers.
Now that 15 pot stocks have made it onto the Nasdaq -- with yesterday's addition of Organigram (NASDAQ:OGI) -- smart investors are already wondering: Which will be the next cannabis company to get called up to the big leagues?Source: Shutterstock I've got my theories. But there's one factor that's almost as important as a company's ability to "uplist" to a major stock exchange …… and that's its business model.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo today I want to talk about a little-known phenomenon that's allowing tiny pot stocks to become "revenue machines."It's actually a bit of a misnomer to call them "pot stocks" at all. They're more like Royal Gold (NASDAQ:RGLD) -- one of the most profitable companies in investing history.If you're not familiar with Royal Gold, it was founded in the early 1980s by Stanley Dempsey … a man who never discovered a single ounce of gold -- but still got very wealthy from gold mining.Dempsey was a geologist, so gold mining was a natural fit. Yet after a few long months, his new company had burned through lots of money, and hit nothing but dirt. That was all just to identify a target gold deposit -- and then you add in land, labor, insurance, permits, not to mention the expensive gold mining equipment.Luckily for Royal Gold, Dempsey was also a lawyer … a clever one at that. And he saved the company by pulling an ingenious legal maneuver. Rather than spend the remaining cash on further exploration, Dempsey invested it with more knowledgeable, experienced gold miners. These seasoned pros would do the exploring. And Royal Gold would receive a cut of the proceeds.In the end, these royalty payouts became hugely lucrative:Royal Gold's first $1 million deal was for a project in northeastern Nevada. In return, the miner owed them 20% of the proceeds, for the life of the mine.In the first year, Royal Gold received $9 million. Year Two brought another $8 million. Year Three brought $12 million. All in all, $170 million has come in. That's a 16,900% return on Dempsey's original $1 million.The company is still collecting on that investment -- and many more.Naturally, the Royal Gold story brought a lot of imitators:* Franco Nevada (NYSE:FNV) is a similar business in gold royalties. Early investors could have turned $1,000 into $453,000.* Wheaton Precious Metals (NYSE:WPM) does the same thing with silver. That one's up more than 1,200% since inception.* Sabine Royalty Trust (NYSE:SBR) does it with oil. Shares enjoyed as much as a 10,200% climb, including dividends.And for these royalty companies, it's virtually all revenue -- no costs. Why Do I Tell This Story?Because when you hear all this news and chatter about marijuana, you've got to remember one thing:At the end of the day, it is not a pastime … not a lifestyle … or a "magic cure." Cannabis is a commodity.Just like coffee, for example. Coffee is a $48 billion business in the United States. But marijuana will be much larger even than that.As legalization spread from state to state, legal marijuana sales jumped 33% from 2016 to 2017 -- $10 billion that year alone. With more states and Canada legalizing recreational marijuana, sales are expected to grow by another nearly 150% by 2021.I believe marijuana could grab a lot of market share from cigarettes and alcohol. There is nobody debating the negative effects of smoking cigarettes, and the United States has a major issue with binge drinking among the younger generation. Both vices are on the downslope, and it is creating the perfect opportunity for marijuana to step into the gap.By 2030, research firm Cowen predicts, we're looking at marijuana being a $75 billion industry. That's about where cigarettes are today ($77 billion) and encroaching on beer ($110 billion). And that's just the first 15 years of this multifaceted, wide-ranging trend. So Which Stocks Do You Choose?You could go with the industry leader. And that would be Canopy Growth (NYSE:CGC), which we've had good luck with at Investment Opportunities -- up 51% in less than a year.But even in a huge megatrend like marijuana, timing is everything.And at this time, Canopy is much more expensive than the Royal Gold-like company I recommend.By contracting with early-stage marijuana companies -- who often find it difficult to secure funding -- this company is building a diverse (and extremely lucrative) revenue stream.Its revenues are expected to explode: From less than $250,000 Canadian in 2016, it's expecting nearly $150 million Canadian by 2020.The time to get in is now: This potentially major player trades at 1/40th the value of Canopy Growth. And as more of its deals bear fruit -- or leaves, in this instance -- the company is already positioned for big upside.Go here for full details on the "Royal Gold of Marijuana." I've got everything you need to know. And I can direct you exactly how to buy into this phenomenon.The key with these royalty companies is to get there first. Click here to get in on the action.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post Pot Stocks: How One Tiny Company's Revenue Could Explode appeared first on InvestorPlace.
One potential hedge against volatility and market risk is having an allocation to gold, which has historically moved in the opposite direction of equities, explains Frank Holmes, CEO of US Global Investors and editor of Frank Talk.
TSX: WPM NYSE: WPM VANCOUVER, British Columbia , May 9, 2019 /PRNewswire/ -- Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") announces that the nominees listed below were ...
TSX: WPM NYSE: WPM VANCOUVER, British Columbia , May 8, 2019 /PRNewswire/ -- Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce its results for the first ...
Stocks are at all-time highs, extending an aging bull market, but it might be time to consider safe-haven gold. Here's how to do that.
On CNBC's "Mad Money Lightning Round," Jim Cramer said he is not a trucker fan and he wants to stay away from Knight-Swift Transportation Holdings Inc (NYSE: KNX ). Cramer prefers Barrick Gold ...
Wheaton Precious Metals (WPM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
VANCOUVER, British Columbia , April 10, 2019 /PRNewswire/ -- Wheaton Precious Metals™ Corp. (TSX: WPM) (NYSE: WPM) will release its 2019 first quarter results on Wednesday, May 8, 2019 , after market close. ...
Do you want to have your cake and eat it too? Or better yet, how about enjoying leadership and relative strength at the start of a new bull market? Then look no further than Wheaton Precious Metals (NYSE:WPM) stock to mint some big-time profits.Source: Shutterstock Has the market run its course? It's a popular question these days given the U.S. averages' stellar first-quarter run. But rather than simply run away in fear or run toward equities with open arms due to fear of missing out, purchasing streaming metals outfit Wheaton Precious Metals stock looks like a great hedged bet.Formerly known as Silver Wheaton Mining, WPM is in the business of purchasing metals via negotiated fixed-price contracts called streaming. And it's a good business to be in and for other investors taking stock in shares of Wheaton Precious Metals as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe low-cost deals in exchange for upfront capital, which Wheaton Precious Metals secures are with other producers such as Vale S.A. (NYSE:VALE), Goldcorp (NYSE:GG), Pan American Silver (NASDAQ:PAAS) and Barrick Gold (NYSE:ABX). * 10 Medical Marijuana Stocks to Cure Your Portfolio The business doesn't make WPM the proverbial house like Vegas, but these high margin contracts do allow WPM stock to offer investors stronger cost predictability, direct leverage to increasing precious metals prices and a high-quality asset base.Now with silver, gold and other metals finding price floors and WPM smartly diversifying and growing its portfolio away from silver in this overall stronger operating environment, conditions on the WPM stock chart also look good for investors interested in going long. Wheaton Precious Metals also has less risk and greater upside potential at current levels. WPM Stock Daily Chart Click to EnlargeWithin the metals complex, WPM stock has proven itself a technical leader in 2019. Shares have displayed relative strength compared to its peer group with a year-to-date gain of around 19%. But that's not all Wheaton Precious Metals stock has going for it.In 2019 and on the heels of confirming a combination double-bottom with an explosive mid-December bullish gap, WPM has minted an uptrend. The bullish foundation looks even more durable as the series of higher highs and lows began with a solid-looking breakout in January.The breakout sent shares firmly into bull territory after toiling in a congestion pattern with the longer-term, 200-day simple moving average for a handful of weeks. And Wheaton Precious Metals stock has never looked back.Now, with shares pulling back over the course of several sessions, it's time to consider buying WPM shares on weakness as technical support for the uptrend is tested. How would I approach a purchase of Wheaton Precious Metals stock in today's market? With Wheaton Precious Metal stock's stochastics oversold, but not yet showing a crossover signal, having a bit of constraint to avoid potentially catching a knife makes sense.Specifically and to help avoid any larger corrections, my suggestion is to simply wait for confirmation of a pivot low on the daily chart before buying WPM.If a buy trigger does occur but shares fail to follow-through on the upside, keeping a stop tethered to the trend's newly formed show of support makes a good deal of technical sense. This exit also offers investors stronger "cost predictability" in Wheaton Precious Metals stock and that makes it worth betting on here.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post How to Extract Profits From Wheaton Precious Metals Stock appeared first on InvestorPlace.
HENDERSON, NV / ACCESSWIRE / April 3, 2019 / ''A Fed rate cut would be the catalyst for a bull move in gold mining stocks'', writes Jordan Roy-Byrne at TheDailyGold. The gold mining stocks (as measured by the GDX and GDXJ indexes) are much closer to doing so than the metals. With that in mind, we found a few gold stocks to research.