Top Blue Chip Stocks To Buy For 2019

A grand total of two marijuana stocks trade on the New York Stock Exchange (NYSE). Canadian marijuana grower Canopy Growth Corporation (NYSE:CGC) is one. The stock was listed on the NYSE in May. The other is Scotts Miracle-Gro (NYSE:SMG), which has traded on the NYSE since 1992.

In a sense, Canopy Growth and Scotts Miracle-Gro are about as blue chip as you can get for marijuana stocks. But which of these stocks is the better buy for investors? Here’s how Canopy and Scotts compare.

Image source: Getty Images.

The case for Canopy Growth

You might think that the best argument for buying Canopy Growth stock is that Canada will soon allow legalized recreational marijuana throughout the country. And that is certainly one reason to like Canopy’s prospects.

The company ranks as the largest marijuana grower in Canada and stands poised to hit the ground running when recreational marijuana officially becomes legal in October 2018. Canopy Growth already has significant production capacity and is adding even more. The company also has supply agreements with three Canadian provinces for recreational cannabis and will no doubt line up additional provinces and territories over the next few months.

Top Blue Chip Stocks To Buy For 2019: John Hancock Tax-Advantaged Global Shareholder Yield Fund(HTY)

Advisors’ Opinion:

  • [By Shane Hupp]

    John Hancock Tax-Advntgd Glbl SH Yld Fd (NYSE:HTY) declared a quarterly dividend on Thursday, August 23rd, Wall Street Journal reports. Shareholders of record on Friday, September 14th will be paid a dividend of 0.16 per share on Friday, September 28th. This represents a $0.64 annualized dividend and a yield of 7.68%. The ex-dividend date is Thursday, September 13th.

Top Blue Chip Stocks To Buy For 2019: Daiichi Sankyo Company, Limited (DSKYF)

Advisors’ Opinion:

  • [By ]

    Daiichi Sankyo (OTCPK:DSKYF)

    There are 4 members of the EGF receptor family, but in cancer research we tend to focus mainly on the first two: EGFR and HER2. But we are also gaining a better understanding of the third family member, HER3, which is an odd duck because of its willingness to form dimers not with itself, but with other members of the EGFR family. And it is highly active in PI3K/Akt signaling, as well. So it’s no surprise that companies are trying to exploit this receptor as a therapeutic target. DSKYF’s U3-1402 is an antibody-drug conjugate targeting HER3 and delivering a lethal payload to tumor cells. This phase 1/2 study focused on the use of this agent in metastatic breast cancer overexpressing HER3.

Top Blue Chip Stocks To Buy For 2019: Cardtronics, Inc.(CATM)

Advisors’ Opinion:

  • [By Max Byerly]

    Shares of Cardtronics PLC (NASDAQ:CATM) fell 7.1% during mid-day trading on Wednesday . The company traded as low as $23.62 and last traded at $23.71. 719,200 shares were traded during mid-day trading, an increase of 6% from the average session volume of 677,184 shares. The stock had previously closed at $25.53.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Cardtronics (CATM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Cardtronics (CATM)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Blue Chip Stocks To Buy For 2019: Peapack-Gladstone Financial Corporation(PGC)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Peapack-Gladstone Financial Co. Common Stock (PGC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shane Hupp]

    Bank of N.T. Butterfield & Son (NYSE: NTB) and Peapack-Gladstone Financial Co. Common Stock (NASDAQ:PGC) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, risk, institutional ownership, valuation, analyst recommendations and dividends.

  • [By Stephan Byrd]

    Thrivent Financial for Lutherans lifted its position in shares of Peapack-Gladstone Financial Co. Common Stock (NASDAQ:PGC) by 16.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 48,531 shares of the financial services provider’s stock after purchasing an additional 6,789 shares during the quarter. Thrivent Financial for Lutherans owned about 0.26% of Peapack-Gladstone Financial Co. Common Stock worth $1,621,000 as of its most recent filing with the SEC.

  • [By Shane Hupp]

    Plato Gold Corp (CVE:PGC) insider Greg Ka Wai Wong acquired 1,125,000 shares of Plato Gold stock in a transaction dated Wednesday, August 8th. The shares were acquired at an average cost of C$0.06 per share, with a total value of C$67,500.00.

Top Blue Chip Stocks To Buy For 2019: Best Buy Co., Inc.(BBY)

Advisors’ Opinion:

  • [By Chris Lange]

    Best Buy Co. Inc. (NYSE: BBY) is scheduled to release its fiscal second-quarter financial results before the markets open on Tuesday. The consensus estimates from Thomson Reuters call for $0.83 in EPS and $9.28 billion in revenue. The same period of last year reportedly had EPS of $0.69 and $8.94 billion in revenue.

  • [By Adam Levine-Weinberg]

    On Tuesday, Best Buy (NYSE:BBY) revealed that sales and earnings surpassed its guidance — and analysts’ expectations — for the second quarter of its 2019 fiscal year. The company also raised its full-year outlook.

  • [By Jamal Carnette, CFA]

    After being left for dead, Best Buy (NYSE:BBY) is one of the biggest turnaround stories in retail. Under CEO Hubert Joly, the electronics-focused retailer has finally adjusted to the e-commerce future that nearly bankrupted the company — ironically, a future it had a large hand in shaping. In the last three years, shares of Best Buy have approximately doubled, versus the greater S&P 500’s return of 28%

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