Investors often take advantage by keeping a close eye on the stock market. Still, there is an even better way: by following top investors who put their own money into certain stocks, you can get a better picture of the market. Here you see only the purest stock choices - with no conflicts of interest - with a strong buy rating from the 'big boys'. Cannabis share Canopy Growth performs well among giants such as Amazon and Apple.
The gigantic Canadian cannabis producer - the largest cannabis company in the world - is after Amazon at number 2 top stocks according to belegger.nl. This is evident from TipRanks' 'Individual Investor Sentiment tool'. This tool uses InvestorPlace to find the most popular stocks from the top performing investors.
Cannabis is the future
Cannabis stocks are immensely popular among top investors. And this popularity does not seem to be ending for the time being. In January, the number of best-performing portfolios owned by Canopy Growth rose 2,4%. Of course, after the legalization of cannabis, the company's sales have gone sky-high.
Michael Lavery, analyst at Piper Jaffray, expects Canopy Growth to continue to invest as it drives growth in new markets worldwide. “We envision a potential global cannabis market of $ 250-500 billion in the long term, with a market of $ 5 to $ 15 billion in the short term,” said Lavery.
Read more www.eggger.nl (Source)
