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Since the COVID-19 crash ended just over weeks ago, the market has been impressively strong, with marijuana stocks some of the strongest, as they left behind a two-year bear market.

So even though some of these stocks seem a bit over-extended today, short-term, they still have enormous upside potential in the long-term.



Full details in the issue.

Since the market bottomed five weeks ago, the charts have been impressive, not only for the broad market but for the marijuana sector as well, which has finally shaken loose from its bear market’s two-year grip.

Of course, some companies didn’t survive the hard times, but those that did are battle-hardened, so now, more than ever, it’s easier to identify the future winners of the industry—and the stocks that can bring you big profits in the years ahead.



So today I’m doing a bit of buying for the Cabot Marijuana Investor portfolio, adding four stocks (three of which we’ve owned before).



Additionally, you’ll find a Special Report with this issue, profiling all the publicly traded, vertically integrated multistate operators (MSOs) in the U.S. The report can be found in the Special Reports section of the website.



Full details in the issue.

The latest issue of Cabot Marijuana Investor is now available, with my current advice on the fifteen stocks in the portfolio.

While coronavirus fears infect the broad market, the good news is that marijuana stocks seem to have an immunity, mainly because they already had their correction last year. Many stocks in the sector are looking better, and I’m now recommending averaging up in three stocks already in the portfolio.



These changes will reduce the portfolio’s cash level to roughly 12%, so we will be well positioned to benefit from the sector’s resumption of its big uptrend.



Full details in the issue.

I’ve discussed the tumult plaguing the newspaper industry several times recently and after today, I’ll let the topic rest unless something noteworthy happens. But first, I want to share a few more of your letters because they express some ideas that haven’t been voiced here before. Thanks to everyone for writing in, I appreciate you taking the time to share your insights with me and your fellow readers. To read all of the past issues I’ve written about the newspaper industry and see how others responded, go to our Web site archives. If you haven’t shared your view yet, you can do so by sending me an email or commenting on our blog.

Today’s stock pick is a solar power company that changed its name from MEMC Electronic Materials.

Last weekend, I wrote about the mostly car-free German community of Vauban and I received lots of great responses both by email and on our blog. Thanks to everyone who wrote in, the letters gave me a lot to think about and some even made me laugh. Today, I’m going to share some of those responses with you and I invite you to submit a response of your own if you haven’t yet. If you missed last week’s issue, you can read it on our Web site archives.

Looking at the revenues of the 14 companies in our Marijuana Portfolio, the average growth rate in the latest quarter, relative to the previous year, was 409%. The median, for you statistical fans, was 255%. This is one fast-growing sector!

The following four stocks have been down and out for quite some time. Which one is the most likely turnaround stock candidate?

There are suddenly a lot of electric vehicle stocks out there. Let’s examine each of them and see which are worth investing in.

The FAANGs are the biggest growth stocks on the market today. What are the companies most likely to be the next FAANG stocks?

EV automakers Tesla and newly public Rivian and Lucid are getting lots of ink. But there are other ways to play the EV ecosystem stock boom.

An analyst at Morgan Stanley used numbers to argue last week that TSLA will go to 320!

Stock investing is just like golf in every way that matters. Markets are completely impartial and their rewards and punishments are meted out with an even hand. They cannot be mastered. You can make two investments that seem exactly the same to you and yet one will deliver a sack of cash and another will turn into a box of rocks. Just as in golf, the most important question in investing is “What are you going to do next?” In both golf and investing, sometimes you go for the big shot and sometimes you play it safe. But whining about conditions won’t help you a bit. And just like golf, investing requires you to know your own temperament and limitations and the current conditions on the course and play accordingly if you’re going to make money.

Why this question doesn’t matter when investing in the stock market.

It’s not the news that matters, it’s the REACTION to the news that counts.

The key to success isn’t in some exotic, proprietary system, but in sticking to basic principles.