The Best Marijuana Stocks Right Now – Zacks.com

(0:20) – Where To Invest With Pot Stocks (2:30) – 2017 Stock Pick Update: ACBFF, GWPH, SMG, IIPR (8:00) – Top Picks For 2018: ABBV, CRON, STZ, INSY, CARA (16:10) – Risk and Rewards of Buying Pot Stocks (19:40) – Episode Roundup: [email protected]

It is getting easier to buy stocks that do business in the emerging cannibis industry. Tracey and Dave explore all the options.

Description:

Welcome to Episode #123 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

In this episode, Tracey is joined by David Bartosiak, the Editor of Zacks Surprise Trader, Momentum Trader and Blockchain Innovators newsletters, to discuss one of their favorite topics: marijuana stocks.

On Jan 17, 2017, Tracey and Dave first explored the marijuana investment options in the podcast titled “Can You Get Rich Off Marijuana Stocks?

Back in early 2017, the investment pickings were slim.

Have things changed in 2018?

Maturing of the Pot Stock Industry

Demand remains high for “pot stocks.” For that reason, several marijuana ETFs have now launched and more businesses are looking for ways to get a foothold in the industry.

In addition to the stocks they talked about last year, Tracey and Dave also found several more investing options.

They focused on those that are traded on the US exchanges and have, or soon will have, Zacks Rank. That means some stocks that trade on the Pink Sheets, like Aurora Cannabis (ACBFF) for example, are not high on their list even though it has a $4.4 billion market cap.

5 Stocks that get you into the Marijuana Trade

1.       The Scotts Miracle-Gro Company (SMGFree Report) making potting soil

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