Trading Ideas

Canopy Growth Corporation’s (TSE:WEED): Canopy Growth Corporation, together with its subsidiaries, engages in engages… …read more […]

A compelling story can be very powerful, which is why story stocks are so hard for investors to resist.
Today, Nicholas Vardy explains why wealth builders shouldn’t trust story stocks as a “quick and easy” way to build wealth.

A compelling story is a powerful thing.
After all, a good story is concrete, convincing and easy to remember.
In the world of investing, a good story trumps rational financial analysis every time.
That’s why you always have “story stocks” no matter what the state of the market.
A story stock is never about the value of a well-established business model.
Whether it’s tulips, the “China miracle,” 3D …read more […]

The Trump administration is clashing with Greta Thunberg at Davos, as Treasury Secretary Steven Mnuchin says she can criticize “after she goes and studies economics”. Yahoo Finance’s Max Zahn joins Alexis Christoforous and Editor-in-Chief Andy Serwer in Davos, Switzerland to discuss. …read more […]

Seven U.S. bombs from World War Two have been found in the plot of land outside Berlin where electric car pioneer Tesla wants to build its first European factory, local authorities said on Thursday. The duds weigh about 50 kg each and explosives experts plan to defuse them in future, said a spokesman for the interior minister in the state of Brandenburg where the property is. Tesla has agreed to buy land in Gruenheide just outside Berlin where it wants to build a giant factory that would give its cars the “Made in Germany” branding. …read more […]

(Bloomberg) — Oil tumbled to a two-month low on speculation that China’s coronavirus outbreak may dent demand.Futures declined as much as 3.5% to below $55 a barrel in New York on Thursday as the world’s biggest oil importer effectively quarantined a major city to contain the SARS-like virus, which Goldman Sachs Group Inc. warned could trim global consumption. The alert has overshadowed concern over the halt of exports from Libya.“Sentiment has turned negative,” as the coronavirus is set to affect demand, said Andrew Lebow, senior partner at New York consultant Commodity Research Group.Oil is bearing the brunt of the anxiety …read more […]

Shares in P&G were flat in early trading. A slowing global birthrate has hit P&G and competitors like Huggies diapers maker Kimberly-Clark , particularly in China and the United States. Pemium baby-care sales in China are up 20-30% so there are still opportunities despite the slow brithrate, Chief Operating Officer Jon Moeller said on a post-earnings call. …read more […]

Yahoo Finance’s Alexis Christoforous and Andy Serwer speak with AFL-CIO President Richard Trumka live at the World Economic Forum in Davos, Switzerland. …read more […]

Yahoo Finance’s Editor in Chief Andy Serwer and Alexis Christoforous speak with Anthony Scaramucci, Skybridge Capital Founder, live at the World Economic Forum in Davos, Switzerland. …read more […]

Headlines moving the stock market in real time. …read more […]

When investment bank Oppenheimer talks, investors listen — or they should.One of the 10 top performing research firms tracked by TipRanks, 61% of Oppenheimer’s stock picks have “worked” historically, producing positive returns for investors. In fact, on average, these picks have generated positive returns approaching 12%, and well ahead of the stock market’s long term 10% average returns.And spread across a field of nearly 11,000 stock picks over more than a decade, that’s no fluke.So when Oppenheimer announced on Wednesday that it’s taken a good hard look at the healthcare industry, and come up with two stocks it’s confident it …read more […]

Tesla’s stock has more than doubled in value in the last three months, with its market capitalization piercing $100 billion on Wednesday, a first for a listed U.S. automaker. During the rally, its value has leapfrogged more established global rivals: Honda , BMW , General Motors and Daimler . On Wednesday, it eclipsed VW’s $99.4 billion value. …read more […]

Three separate research teams are to start work on developing potential vaccines against the new coronavirus that is causing a disease epidemic in China, a global coalition set up to fight diseases said on Thursday. The Coalition for Epidemic Preparedness Innovations (CEPI), which is co-funding the emergency projects, said the plan was to have at least one potential vaccine in clinical trials by June. The research will be conducted by the drug and vaccine developer, Moderna, working with the U.S. National Institute of Allergy and Infectious Diseases, the U.S. firm Inovio Pharma, and a team at the University …read more […]

Yahoo Finance’s Brian Sozzi and Julia La Roche speak with Bridgwater Associate’s Karen Karniol-Tambour live at the World Economic Forum in Davos, Switzerland. …read more […]

Daimler has been forced to reduce production targets for its Mercedes-Benz EQC electric car from about 60,000 to 30,000 this year, due to a supply shortage of battery cells from LG Chem, Manager Magazin said on Thursday. Daimler wanted to sell around 25,000 EQC vehicles in 2019, but only managed to build around 7,000 Manager Magazin said. Daimler was not immediately available for comment. …read more […]

(Bloomberg) — Wells Fargo & Co.’s main regulator is preparing civil charges against former managers related to their roles in its retail banking scandals, people familiar with the matter said.The Office of the Comptroller of the Currency has been readying so-called notices of charges against as many as 10 individuals, and may reach settlements with some, the people said, asking not to be identified because the discussions aren’t public. Carrie Tolstedt, who ran Wells Fargo’s sprawling community bank, former chief administrative officer Hope Hardison and onetime chief auditor David Julian may be among those facing the charges, the people said.An …read more […]