The massive demand for legal marijuana, as evidenced by the $6.7 billion in sales in North America in 2016, is creating an even bigger demand for skilled workers in the legal marijuana industry.
And one of the surprisingly lucrative jobs is as a marijuana plant trimmer. In fact, some of these people could make as much as $500 per day.
VideoMarijuana Workers Are Making Thousands
The work is tedious and includes sitting for hours doing the repetitive task of trimming pot plants with scissors over and over again. According to ABC, cannabis farmer Tim Blake, owner of the 155-acre farm Healing Harvest Farms (Laytonville, Calif.), usually paid his workers through a barter system.
In exchange for trimming cannabis plants, workers would receive medical marijuana. But for 2017, his bud trimmers will receive monetary compensation.
And the pay will be quite generous for fast trimmers…
Blake told ABC in an April 20 report that slower trimmers make roughly $100 a day. That would roughly be the equivalent of making $12 per hour and working eight hours (before taxes).
great stocks: HealthEquity, Inc.(HQY)
Advisors’ Opinion:
- [By Lee Jackson]
These companies also reported insider buying last week: Cidara Therapeutics Inc. (NASDAQ: CDTX), Ducommun Inc. (NYSE: DCO), HealthEquity Inc. (NASDAQ: HQY), Panhandle Oil and Gas Inc. (NYSE: PHX) and PolarityTE Inc. (NASDAQ: COOL).
great stocks: Cerner Corporation(CERN)
Advisors’ Opinion:
- [By Ben Levisohn]
Cerner (CERN) soared to the top of the S&P 500 today after thehealth care information technology company reported better-than-expected earnings and revenue.
Getty Images
Cernergained 7.8% to $64.75 at 5:03 p.m. today, while the S&P 500 declined 0.2% to 2,384.20.
Canaccord Genuity’s Richard Close and Brian Hoffman contend Cerner may be “rediscovered its mojo.” They explain:
We reiterate our BUY rating and raise our PT to $66 (was $59) as the company finally
appears to have provided quarterly and annual targets that it can meet. Possibly more important, analyst expectations sit near the mid-point of guidance, portending upside potential. The outlook appears solid as the company (1) rebuilds a track record of delivering on expectations, (2) reaffirmed confidence in 2017 bookings growth, and (3) has a strengthened pipeline for ITWorks and revenue cycle. CERN may have rediscovered its mojo.
Cerner’s market capitalization rose to $21.4 billion today from $19.8 billion yesterday.
- [By Ben Levisohn]
Cerner (CERN) tumbled to the bottom of the S&P 500 today after meetings earnings forecasts but offering below-consensus guidance.
Agence France-Presse/Getty Images
Cerner dropped 4.4% to $51.50 today, while the S&P 500 rose 0.4% to 2,316.10.
SunTrust Robinson Humphrey’s Sandy Draper and team contend that “most of the bad news is already priced in.” They explain:
Although we expect this news to weigh on the stock…we think the market has remained cautious on CERN shares heading into the 4Q16 print given the uneven execution throughout 2016 and the post-election regulatory uncertainty that has broadly weighed on the HCIT space as a whole. We observe that CERN shares closed about 3% below the level they traded at this time last year, while the S&P was up over 21% in that time. The muted 12-month performance in the stock suggests the market rightly anticipated unattractive year-end results and 2017 guidance, which suggests to us that downside to CERN shares should be limited.
Cerner’s market capitalization fell to $17.5 billion today from $18.3 billion yesterday.
Barron’s Vito Racanelli recommended shares of Cerner on March 16, 2016, when the stock traded at $51.46.
great stocks: Modine Manufacturing Company(MOD)
Advisors’ Opinion:
- [By Monica Gerson]
Modine Manufacturing Co. (NYSE: MOD) is projected to post its quarterly earnings at $0.32 per share on revenue of $351.33 million.
Navios Maritime Holdings Inc. (NYSE: NM) is expected to report a quarterly loss at $0.37 per share on revenue of $101.51 million.
great stocks: PDC Energy, Inc.(PDCE)
Advisors’ Opinion:
- [By Ben Levisohn]
Goldman Sachs analyst Brian Singer and team contend that EOG Resources (EOG), Diamondback Energy (FANG), PDC Energy (PDCE), Pioneer Natural Resources (PXD), and RSP Permian (RSPP) can benefit from greater productivity. They explain:
- [By Ben Levisohn]
Names which screen well on a combination of attractive valuation and equitized capital structure, include Outperform rated Apache, Anadarko Petroleum,Gulfport Energy as well as Market Perform rated QEP Resources (QEP) and PDC Energy (PDCE).
great stocks: American Express Company(AXP)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
When you look at the stocks that have led us higher–Goldman Sachs (GS) , JPMorgan (JPM) , Travelers (TRV) , United Health (UNH) , Walt Disney (DIS) , American Express (AXP) , Verizon (VZ) , Boeing (BA) , Caterpillar (CAT) and Chevron (CVX) , all up more than 10%–you come up with stocks where there just aren’t a lot of profit-takers.
- [By WWW.MONEYSHOW.COM]
American Express (AXP), more colloquially known as AmEx, is more — actually a whole lot more — than just a charge/credit card company.
- [By Chris Lange]
Second-quarter results from American Express Co. (NYSE: AXP) are dueon Thursday. The analysts consensus estimates call for EPS of $0.98 and $7.92 billion in revenue. Shares were changing hands at $76.62on Fridays close. The consensus price target is $77.32, and the stock has a 52-week range of $50.27 to $78.00.
- [By Paul Ausick]
American Express Co. (NYSE: AXP) reportedfourth-quarter and full-year 2016 results after markets closed Thursday. The midstream giant posted earnings per share (EPS) of $0.88 per share on revenues of $8.02 billion. In the same period a year ago Amex posted EPS of $0.89 on revenues of $8.39 billion. Consensus estimates called for EPS of $0.98 and revenues of $8.09 billion.
