Canada has approved nationwide marijuana legalization, which has encouraged more investors to buy pot stocks.
That’s why we are giving you our picks for the top pot stocks to watch.
Thanks to full legalization in Canada and the growing number of states giving the nod to legal cannabis in the United States, there is plenty of profit potential in this sector.
Here are our picks for the two best marijuana stocks to watch right now…
Marijuana Stocks to Watch Now, No. 2: GW Pharmaceuticals
GW Pharmaceuticals Plc. (NASDAQ: GWPH) is a UK-based pharmaceutical company that focuses on developing cannabis-based experimental drugs.
Best Heal Care Stocks To Own Right Now: Access National Corporation(ANCX)
Advisors’ Opinion:
- [By Ethan Ryder]
Community First Bancshares (NASDAQ:CFBI) and Access National (NASDAQ:ANCX) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, profitability, risk and valuation.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Access National (ANCX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Access National Co. (NASDAQ:ANCX) has received an average rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $32.50.
Best Heal Care Stocks To Own Right Now: Capstead Mortgage Corporation(CMO)
Advisors’ Opinion:
- [By Logan Wallace]
Capstead Mortgage (NYSE:CMO) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Wednesday.
Best Heal Care Stocks To Own Right Now: Southern Missouri Bancorp, Inc.(SMBC)
Advisors’ Opinion:
- [By Joseph Griffin]
Keefe, Bruyette & Woods initiated coverage on shares of Southern Missouri Bancorp (NASDAQ:SMBC) in a research note issued to investors on Thursday. The brokerage issued a market perform rating on the savings and loans company’s stock.
- [By Joseph Griffin]
Southern Missouri Bancorp (NASDAQ:SMBC) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday.
- [By Stephan Byrd]
Southern Missouri Bancorp (NASDAQ: SMBC) and Heritage Financial (NASDAQ:HFWA) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, profitability, institutional ownership, earnings, valuation, dividends and analyst recommendations.
Best Heal Care Stocks To Own Right Now: Kona Grill Inc.(KONA)
Advisors’ Opinion:
- [By Logan Wallace]
News stories about Kona Grill (NASDAQ:KONA) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kona Grill earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the restaurant operator an impact score of 47.6558176409177 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
- [By Max Byerly]
Kona Grill (NASDAQ: KONA) and Yum! Brands (NYSE:YUM) are both retail/wholesale companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, risk, institutional ownership, valuation, dividends and profitability.
- [By Lisa Levin] Gainers
Precipio, Inc. (NASDAQ: PRPO) jumped 43.3 percent to $0.5447 after the micro-cap specialty diagnostics company reported preliminary first-quarter results. The company said its first quarter revenue rose 286 percent from the same quarter a year ago to $712,000.
Galectin Therapeutics, Inc. (NASDAQ: GALT) gained 34.5 percent to $4.52 after the company announced it would proceed with Phase 3 development of GR-MD-02 for NASH Cirrhosis following the FDA meeting.
Boxlight Corporation (NASDAQ: BOXL) shares rose 21.9 percent to $8.1063.
Evolus, Inc. (NASDAQ: EOLS) shares surged 16 percent to $15.65.
Myomo, Inc. (NYSE: MYO) shares jumped 15.5 percent to $3.6263 after the company disclosed that its application for Medicare codes received favorable preliminary decision.
Tandem Diabetes Care, Inc. (NASDAQ: TNDM) rose 13.7 percent to $10.12.
ProPhase Labs, Inc. (NASDAQ: PRPH) gained 13.7 percent to $4.6743.
Acacia Communications, Inc. (NASDAQ: ACIA) shares gained 12.2 percent to $35.34 as optical sector is seeing strength following President Trump's announcement that he would work with China related to ZTE Corp.
Tailored Brands, Inc. (NYSE: TLRD) shares rose 11.3 percent to $35.17. Jefferies upgraded Tailored Brands from Hold to Buy.
Kona Grill, Inc. (NASDAQ: KONA) jumped 10.6 percent to $2.875.
Federated National Holding Company (NASDAQ: FNHC) shares rose 10.6 percent to $20.29. Raymond James upgraded Federated National Holding from Outperform to Strong Buy.
Renewable Energy Group, Inc. (NASDAQ: REGI) climbed 10.2 percent to $15.15. Renewable Energy will replace Synchronoss Technologies Inc. (NASDAQ: SNCR) in the S&P SmallCap 600 on Tuesday, May 15.
Stein Mart, Inc. (NASDAQ: SMRT) shares climbed 10.1 percent to $3.16. Stein Mart is expected to release Q1 earnings on May 23.
NXP Semiconductors N.V. (NASDAQ: NXPI) rose 9.7 percent to $108.60 after Bloomberg reported that the China’s Commerce Ministry has restar
Best Heal Care Stocks To Own Right Now: Huntington Bancshares Incorporated(HBAN)
Advisors’ Opinion:
- [By Ethan Ryder]
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
Get Huntington Bancshares alerts:
Yesterday Trading Recap Huntington Bancshares Incorporated (HBAN) Stock Price trades 4.85% (nasdaqchronicle.com) Huntington Bank Reports Increased Loan Production In SBA Fiscal Q2 2018 (finance.yahoo.com) Huntington Bancshares Incorporated (NasdaqGS:HBAN) Boasting an ROIC Quality Score of -5.502819 (colbypost.com) Investor’s Alert (Earnings Per Share) – Huntington Bancshares Incorporated (NASDAQ:HBAN) (thestockgem.com) $1.13 Billion in Sales Expected for Huntington Bancshares (HBAN) This Quarter (americanbankingnews.com)
Huntington Bancshares opened at $15.69 on Friday, according to MarketBeat. The firm has a market cap of $17.14 billion, a price-to-earnings ratio of 16.01, a P/E/G ratio of 1.08 and a beta of 1.32. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.85. Huntington Bancshares has a 52-week low of $12.14 and a 52-week high of $16.60.
- [By Max Byerly]
Envestnet Asset Management Inc. lifted its stake in shares of Huntington Bancshares (NASDAQ:HBAN) by 33.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,941 shares of the bank’s stock after buying an additional 49,653 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Huntington Bancshares were worth $2,972,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Lisa Levin] Companies Reporting Before The Bell
United Technologies Corporation (NYSE: UTX) is estimated to report quarterly earnings at $1.51 per share on revenue of $14.62 billion.
The Coca-Cola Company (NYSE: KO) is expected to report quarterly earnings at $0.46 per share on revenue of $7.31 billion.
Caterpillar Inc. (NYSE: CAT) is projected to report quarterly earnings at $2.07 per share on revenue of $11.93 billion.
Verizon Communications Inc. (NYSE: VZ) is expected to report quarterly earnings at $1.11 per share on revenue of $31.22 billion.
Lockheed Martin Corporation (NYSE: LMT) is estimated to report quarterly earnings at $3.42 per share on revenue of $11.28 billion.
The Sherwin-Williams Company (NYSE: SHW) is projected to report quarterly earnings at $3.15 per share on revenue of $3.94 billion.
Biogen Inc. (NASDAQ: BIIB) is expected to report quarterly earnings at $5.92 per share on revenue of $3.15 billion.
3M Company (NYSE: MMM) is estimated to report quarterly earnings at $2.52 per share on revenue of $8.26 billion.
JetBlue Airways Corporation (NASDAQ: JBLU) is projected to report quarterly earnings at $0.2 per share on revenue of $1.75 billion.
Eli Lilly and Company (NYSE: LLY) is expected to report quarterly earnings at $1.13 per share on revenue of $5.49 billion.
Harley-Davidson, Inc. (NYSE: HOG) is estimated to report quarterly earnings at $0.88 per share on revenue of $1.25 billion.
Corning Incorporated (NYSE: GLW) is expected to report quarterly earnings at $0.3 per share on revenue of $2.50 billion.
Centene Corporation (NYSE: CNC) is projected to report quarterly earnings at $1.88 per share on revenue of $13.28 billion.
The Travelers Companies, Inc. (NYSE: TRV) is estimated to report quarterly earnings at $2.77 per share on revenue of $6.75 billion.
Wipro Limited (NYSE: WIT) is expected to report quarterly earnings at $0.07 per share on revenue of $2.16 billion.
PACCAR Inc (NASDAQ: PCAR) is projected to - [By Lee Jackson]
This smaller cap bank could be an outstanding addition for more aggressive portfolios. Huntington Bancshares Inc. (NASDAQ: HBAN) operates as a holding company for the Huntington National Bank, which provides commercial, small business, consumer and mortgage banking services.
- [By Stephan Byrd]
BidaskClub upgraded shares of Huntington Bancshares (NASDAQ:HBAN) from a hold rating to a buy rating in a report published on Wednesday morning.
HBAN has been the topic of a number of other research reports. Zacks Investment Research lowered Huntington Bancshares from a buy rating to a hold rating in a research report on Thursday, April 5th. Nomura reduced their price target on Huntington Bancshares from $18.00 to $17.00 and set a buy rating on the stock in a research report on Wednesday, April 25th. Susquehanna Bancshares set a $17.00 price target on Huntington Bancshares and gave the company a hold rating in a research report on Tuesday, April 24th. UBS Group began coverage on Huntington Bancshares in a research report on Wednesday, March 21st. They issued a buy rating and a $20.00 price target on the stock. Finally, Hilliard Lyons upgraded Huntington Bancshares from a neutral rating to a buy rating and set a $17.00 price target on the stock in a research report on Friday, February 9th. Ten analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of $16.98.
- [By Max Byerly]
Public Employees Retirement Association of Colorado lessened its stake in shares of Huntington Bancshares (NASDAQ:HBAN) by 4.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 197,768 shares of the bank’s stock after selling 10,068 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Huntington Bancshares were worth $2,986,000 at the end of the most recent reporting period.
Best Heal Care Stocks To Own Right Now: Iteris, Inc.(ITI)
Advisors’ Opinion:
- [By Ethan Ryder]
iTicoin (CURRENCY:ITI) traded flat against the dollar during the 1 day period ending at 19:00 PM ET on March 8th. iTicoin has a market capitalization of $50,828.00 and approximately $0.00 worth of iTicoin was traded on exchanges in the last day. One iTicoin coin can now be purchased for about $1.59 or 0.00043403 BTC on cryptocurrency exchanges including Cryptopia and BTC-Alpha. During the last seven days, iTicoin has traded flat against the dollar.
- [By Shane Hupp]
B. Riley set a $9.00 price target on Iteris (NASDAQ:ITI) in a research report sent to investors on Wednesday morning. The brokerage currently has a buy rating on the technology company’s stock. B. Riley also issued estimates for Iteris’ Q4 2018 earnings at ($0.04) EPS, FY2018 earnings at ($0.08) EPS, Q1 2019 earnings at ($0.02) EPS, Q2 2019 earnings at ($0.05) EPS, Q3 2019 earnings at ($0.01) EPS, Q4 2019 earnings at ($0.04) EPS, FY2019 earnings at ($0.11) EPS, FY2020 earnings at $0.16 EPS and FY2021 earnings at $0.52 EPS.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Iteris (ITI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin] Gainers
Red Violet, Inc. (NASDAQ: RDVT) rose 75.31 percent to close at $9.94 after reporting Q1 results.
Euro Tech Holdings Company Limited (NASDAQ: CLWT) shares jumped 40.62 percent to close at $4.50 on Tuesday after reporting 2017 year-end results.
MEI Pharma, Inc. (NASDAQ: MEIP) gained 34.39 percent to close at $3.40.
MEDIGUS Ltd/S ADR (NASDAQ: MDGS) gained 32.74 percent to close at $1.50 in reaction to its Monday announcement of a distribution agreement. The medical device company said it reached an agreement to distribute its minimally invasive medical devices in Turkey, Azerbaijan and Georgia.
Pfenex Inc. (NYSE: PFNX) surged 31.15 percent to close at $8.00 after the company announced the positive top-line PF708 study results in Osteoporosis patients that showed no imbalances in severity or incidence of adverse events.
Arcadia Biosciences, Inc. (NASDAQ: RKDA) rose 21.07 percent to close at $11.09. Arcadia Biosciences reported that Albert D. Bolles, Ph.D. has joined its board of directors.
Genprex, Inc. (NASDAQ: GNPX) rose 20.23 percent to close at $10.58.
Turtle Beach Corporation (NASDAQ: HEAR) shares gained 17.62 percent to close at $17.82.
Aptevo Therapeutics Inc. (NASDAQ: APVO) rose 17.1 percent to close at $5.82.
Phoenix New Media Limited (NYSE: FENG) shares jumped 16.23 percent to close at $4.87 following Q1 earnings.
Stein Mart, Inc. (NASDAQ: SMRT) rose 16.04 percent to close at $3.69.
PPDAI Group Inc. (NASDAQ: PPDF) climbed 15.99 percent to close at $7.98 following Q1 results.
Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.93 percent to close at $3.42.
LiqTech International, Inc. (NASDAQ: LIQT) gained 15.59 percent to close at $0.5532 following Q1 results.
Sophiris Bio, Inc. (NASDAQ: SPHS) gained 13.92 percent to close at $3.52 on Tuesday following Q1 results.
Euroseas Ltd. (NASDAQ: ESEA) jumped 13.4 percent to close at $2.37.
Iteris, Inc. (NASDAQ: ITI) shares surged 13.05 percent to close