four new 52-week highs for our subscribers and I’ve got another one for you today.” data-reactid=”11″>Yesterday Jeff told you about four new 52-week highs for our subscribers and I’ve got another one for you today.
But this one is a little different from the ones Jeff highlighted.
Yesterday Jeff highlighted “momentum investing” – the tendency of winning stocks to keep winning and losing stocks to keep losing.
InvestorPlace – Stock Market News, Stock Advice & Trading Tips” data-reactid=”14″>InvestorPlace – Stock Market News, Stock Advice & Trading Tips
He featured Ericsson, Microsoft, Paypal and Mastercard as big winners from our advisers.
So, let’s get started.
Tailwinds refers to the conditions when prevailing trends and/or market conditions are favorable to providing big gains to investors in the right stocks.
Think of the Internet in the 1990s.
The Nasdaq, the benchmark technology stock index, gained 40% in 1995, then 22.7% in 1996, 21.6% in 1997, 39.8% in 1998, and then an incredible 85.6% in 1999.
Qualcomm, Cisco and Microsoft were all leaders in this space and they all experienced huge increases during that time.
Folks who invested at the right time, and in the right stocks, made a fortune with very little money, very little work, and sometimes very little knowledge.
Marijuana stocks have experienced the same kind of growth over the last two years.
We cover these stocks a lot because the opportunity is great – a once-in-a-generation opportunity. More and more states are looking for legalize it, and the federal government is on a steady march to legalize it nationwide.
One way to measure the marijuana tailwind is to look at the ETFMG Alternative Harvest ETF (MJ) that focuses on marijuana stocks. As you can see below, a 45% gain in the last two years certainly speaks to some tailwinds.
“What Kind of Easter Egg Hunt Are You In?” that makes the point very well. Here is an excerpt.” data-reactid=”35″>InvestorPlace CEO Brian Hunt published an essay in our Education Center recently titled, “What Kind of Easter Egg Hunt Are You In?” that makes the point very well. Here is an excerpt.
Matt McCall provided a pick that combined both – it featured the marijuana tailwind and a stock many had overlooked. While brands like Tilray and Aphria grabbed headlines, Matt found a smaller play with big potential.
And that stock just hit another all-time high.
Investment Opportunities subscribers that they buy Innovative Industrial Properties Inc – a marijuana REIT – at $33.70.
Since his recommendation, the stock has soared 130% and is trading at $86.21.
Here is what Matt wrote about the stock when he recommended it.
Many investors think of trends too narrowly. They focus on the stocks that grab headlines.
Matt finds the small stocks many overlook and have the potential to skyrocket – in IIPR’s case 130% in just seven months.
It’s always great to see one of your investments soar. As Jeff emphasized yesterday, it’s easy to let doubt creep in after this happens. You want to lock in your profits.
But that’s often a recipe for missing the biggest gains.
Investment Opportunities subscribers can depend on Matt for guidance.
And, he’s about to pick another marijuana stock on April 4.
He’s focused on using the marijuana tailwinds and finding those small, little-known stocks that can deliver the biggest gains for his subscribers.
clicking here.
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The Investing Methods to Grow Rich from Marijuana Stocks appeared first on InvestorPlace.” data-reactid=”75″>The post The Investing Methods to Grow Rich from Marijuana Stocks appeared first on InvestorPlace.
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