A majority of Americans now favor legalizing marijuana, with 29 states already legalizing medicinal marijuana, making cannabis one of the most exciting new industries to invest in.
That’s why today we’ll show you our three best marijuana penny stocks to buy in 2018.
Now, marijuana is still illegal at the federal level, which makes investing in cannabis stocks riskier than other industries.
But make no mistake: Despite U.S. Attorney General Jeff Sessions’ attempts to re-criminalize marijuana users and businesses, the marijuana market continues growing as legalization spreads to more states.
Top Penny Stocks To Invest In 2019: First Financial Northwest Inc.(FFNW)
Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on First Financial Northwest (FFNW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Get a free copy of the Zacks research report on First Financial Northwest (FFNW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Penny Stocks To Invest In 2019: UFP Technologies Inc.(UFPT)
Advisors’ Opinion:
- [By Logan Wallace]
China XD Plastics (NASDAQ: CXDC) and UFP Technologies (NASDAQ:UFPT) are both small-cap basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, institutional ownership, earnings, risk and valuation.
- [By Joseph Griffin]
UFP Technologies (NASDAQ: UFPT) and China XD Plastics (NASDAQ:CXDC) are both small-cap industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, risk, profitability and earnings.
- [By Ethan Ryder]
Media coverage about UFP Technologies (NASDAQ:UFPT) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UFP Technologies earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 47.0533500754779 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Top Penny Stocks To Invest In 2019: Aerosonic Corporation(AIM)
Advisors’ Opinion:
- [By Shane Hupp]
Aimia (TSE:AIM) has earned an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$2.67.
Top Penny Stocks To Invest In 2019: Transocean Inc.(RIG)
Advisors’ Opinion:
- [By Ethan Ryder]
Quantitative Systematic Strategies LLC bought a new stake in Transocean LTD (NYSE:RIG) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 13,609 shares of the offshore drilling services provider’s stock, valued at approximately $135,000.
- [By Logan Wallace]
American International Group Inc. grew its position in shares of Transocean LTD (NYSE:RIG) by 7.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 872,019 shares of the offshore drilling services provider’s stock after buying an additional 62,611 shares during the quarter. American International Group Inc.’s holdings in Transocean were worth $8,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Jason Hall]
Frankly, today’s big drop shouldn’t be a surprise for anyone. The company told us many months agothat common equity investors would only retain 2% — at most — of the company when it completed its bankruptcy proceedings, yet investors continued to pay a price for its stock that, at one point, would have made Seadrill worth nearly as much as competitorsTransocean(NYSE:RIG),Diamond Offshore(NYSE:DO),andNoble Corporation(NYSE:NE)combined. But a relatively steady decline in the share price, combined with today’s big drop, seems to be finally putting Seadrill more in line with its peers.