Cramer Remix: The cannabis stocks I'm eyeing

  • 📰 CNBC
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Jim Cramer turns to the charts to reveal that cannabis companies like GW Pharmaceuticals and Village Farms could be good additions to your portfolio.

Cramer pointed out an ascending triangle pattern in GW Pharma's weekly chart, which measures the stock's price movement over a week-long period. That particular pattern, which is made up of a series of higher lows and relatively similar highs, typically tells a bullish tale.

He noted that GW Pharma does not see itself as a cannabis play, but investors see it as such because its products are inspired by the plant. "I have been a fan of GW Pharma for a long time. A lot of that is because you can dose it. You can't dose regular pot." Cramer said. "The stock has had a monster run." Cramer said. The stock has climbed nearly 90% so far this year.

Collins, Cramer said, is arguing that the stock could be able to surge to $200 if the share price ends the week above $180. It closed Tuesday at $184. If the stock instead falls under $160, then forget about it. "I think you should stick with Canopy Growth, and Collins believes that GW Pharma is the best bet out there," the host said.Get his full insightChinese Vice Premier Liu He , US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer pose before they proceed to their meeting at the Diaoyutai State Guesthouse in Beijing on May 1, 2019.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oils and concentrates are the future of cannabis. $LABS is well ahead of the global market. MediPharmLabs got start up of the year last year, and is carrying that momentum so hard at such a good share price. BUY AND HODL!

they are three that bear record on Earth and they agree as one

Horrible segment. Cramer is clueless on Cannabis.

You must be kidding, people are going to grow their own. FACT

Coors cannabis JV partner HEXO now the 6th largest producer.

Let's go Notis Global formerly known as Medbox. Partnership with Mile High is huge and the next 2 or 3 quarters will be game changers with $ngbl latest 8k.

jimcramer So you're high, on those stocks ?

Check out $MDCL

If you keeping your hardly earned crypto currency on exchange or online, you are playing a dangerous game. If you like to sleep well and not to worry , get a Ledger Nano X now at discounted price.

If Cramer is buying, it's time to sell.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer reveals his top social media stocksJim Cramer ranks the stocks of Twitter, Snap, Pinterest and Facebook. Going to sell everything on hist list Facebook, Twitter, Pinterest, Snap
Source: CNBC - 🏆 12. / 72 Read more »

Cramer: 'I don't trust this market at all' because it's so dependent on Trump tweets'I don't trust this market at all' because it's so dependent on Trump tweets, MadMoneyOnCNBC's Jim Cramer said earlier this week. MadMoneyOnCNBC not that its been any different for the last few years. MadMoneyOnCNBC I trust BTC MadMoneyOnCNBC You allowed it to happen.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer's lightning round: McDonald's is 'one of the greatest stocks of our time'Jim Cramer takes calls and gives his thoughts on McDonald's, Nektar Technologies, L Brands, and more. great post as always, we also like InstaCryptoNews Bitcoin is better. Just sayin Doug is dumb.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer: Wednesday's 'crazy session' is a perfect example of the market's new normal'Turns out we can get good news, too, and some days like today the stock market actually makes sense,' Jim Cramer says.
Source: CNBC - 🏆 12. / 72 Read more »