With a yield of just over 6%, Innovative Industrial Properties (IIPR) is a commercial mortgage real estate investment trust that provides financing to the cannabis industry. While cannabis is still a controversial investing topic, it’s tough to avoid. For one, both...
With Bitcoin regaining momentum, it’s time to buy oversold Bitcoin stocks. In fact, after finding triple-bottom support dating back to July, the digital currency gained $1,553 just yesterday. Last trading at $56,432, we’d like to see it rally back to $64,000...
by Ian Cooper The holiday shopping season is still weeks away. Yet, millions are getting set to start their shopping sprees. In fact, about 48% of holiday shoppers surveyed by Bankrate, according to USA Today, say they’re planning to start holiday shopping by...
Broadcom (AVGO) posted strong earnings but plummeted $13 a share. All thanks to guidance for the current quarter. Revenue jumped 47% to $13.07 billion, which was above expectations of $12.97 billion. Adjusted EPS of $1.24, up 18% year over year, beat estimates by four...
Nvidia (NVDA) is looking interesting again. After plummeting from about $130 to $106.21, the tech giant has become technically oversold. It’s also over-extended on RSI, MACD and Williams’ %R. Helping, Bank of America just reiterated NVDA as a buy with a price target...
If you see an insider picking up a good amount of stock, dig into it. After all, it’s the insiders who know their company the best. And if they’re putting their money where their mouth is, look into it. VFC Corp. (VFC), the parent company of North Face, just saw Chair...
Gold prices could see higher highs. Last trading at $2,472, gold could easily test $2,700 this year, and possibly $3,000 by next year, according to analysts at Citi. Not only is the potential for interest rate cuts driving gold higher, but so is uncertainty with...
by Ian Cooper The World Health Organization (WHO) just declared Mpox a global public health emergency for the second time following an outbreak in the Democratic Republic of Congo to other countries. As noted by CNBC, “Health officials are raising...
On August 14, we said, “Keep an eye on oversold shares of Dell (DELL). After plunging from about $150 to just under $90, the oversold tech stock is starting to pivot higher. It’s also starting to pivot from over-extensions on RSI, MACD and Williams’ %R. From its last...
by Ian Cooper With chaos in the Middle East, oil prices are starting to gush higher. Last trading at $77.18, crude could easily run back to $80 depending on the severity of the escalating issues between Israel and Hezbollah. Not helping, Libya just said oil production...