Tag Archives: positioned

Americans want legal weed and we ‘need to be positioned for it’

Americans want legal weed and we ‘need to be positioned for it’

Although the House’s recent approval of the MORE Act offered marijuana advocates a glimmer of hope for federal legalization, the Senate appears to be obstinate as ever on the issue. That isn’t stopping Tilray Brands (TLRY), a top cannabis producer in Canada, from making plans for the U.S. market. “By 2030, it’s a $100 billion business out there,” Tilray Brands CEO Irwin Simon said on Yahoo Finance Live (video above). “And even if it didn’t go legal, it’s still a good-sized business. Consumers… Source link

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These are the best positioned chip stocks, according to an analyst

Marvell (MRVL), Broadcom (AVGO), AMD (AMD), Analog Devices (ADI), Nvidia (NVDA) GlobalFoundries (GFS), and On Semiconductor (ON) are the stocks best positioned to navigate what appears to be a tricky market for semiconductors in the near future, says Bank of America (BAC) Analyst Vivek Arya. While the triple-A acronym might not be as well-known as some other stock group acronyms, MAAANGO stocks represent tech stocks with relatively resilient supply chains in a semiconductor industry that has… Source link

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