Great News for Marijuana Stocks: Optimism Returns to the Market

大麻股的好消息:乐观情绪回归市场

2021-08-20 23:01:04 PROFIT

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One thing investors have to keep in mind when considering the future of marijuana stocks is that these stocks are still in an emergent industry. While pot stocks are unique in a variety of ways, they still more or less follow the typical emergent-industry stock patterns. And that means, dear reader, that we can expect to see big things from marijuana stocks in the near future. Stock market optimism is at a historical high, hitting levels we haven’t seen in nearly two decades. (Source: “Wall Street Is the Most Bullish on Stocks in Almost Two Decades,” Bloomberg, August 14, 2021.) Roughly 56% of all recommendations by Wall Street analysts on S&P 500 companies are listed as buys, which is the most bullish we’ve seen the market since 2002. (Remember those days, before the Great Recession, the global COVID-19 pandemic, and political deadlock?). The reason for this optimism is the unexpectedly high corporate earnings in recent quarters. These highs are even more surprising, considering that the pandemic—while subsiding—has given the economy another nasty surprise with the Delta variant and all the issues that the new strain has caused. Nevertheless, the overall market has very positive projections as we move toward 2022. And that’s fantastic news for pot stocks. Being part of an emergent industry, marijuana stocks are considered high-risk/high-reward investments. They’re known for reaching dizzying highs within short periods, but they’re also prone to large downward swings. This dynamic is far from a bug for pot stocks; it’s a feature. This is what investors want when they add marijuana stocks to their portfolios: the ability to make a lot of money fast, even if that does come with risk. During market downturns and economic uncertainty, high-risk/high-reward stocks are the first to suffer. After all, when investors are concerned that the stock market is on the brink of a major collapse, the last securities they want to hold are those that are particularly vulnerable to market swings. Conversely, when optimism is high, pot stocks are more prone to rapid gains. Emergent-industry stocks are the first ones sought out when market momentum is building. Investors rightly believe that they have the highest ceilings—or, at least, the potential to see the fastest gains within a short period. Now that we’re seeing optimism return to the stock market, investors ought to be very excited about what marijuana stocks can do in the coming months and years. There is a caveat, however. I was optimistic before. Only a few weeks ago, in fact, with COVID-19 beginning to ebb and cash hitting people’s pockets by way of government stimulus checks, it appeared as if we were finally on the other side of the nonsense we’ve battled for the last year and a half. But it hasn’t been all sunshine and rainbows. As mentioned earlier, COVID-19 has begun to make a comeback by way of the Delta variant, which—much to our irritation—appears to have a higher breakout possibility, even among vaccinated people. Still, despite the initial back-and-forth in just how optimistic we can afford to be about the near future, it’s now looking like that—as least as far as the stock market is concerned—times are good. With that, pot stocks once again present themselves as prime investment opportunities. To investors who are keen on potentially doubling their money within a year or so, marijuana stocks are enticing. What makes pot stocks especially exciting is that they’re going to benefit from the emergent-industry boost alongside the pot industry showing significant signs of growth, in addition to the fact that marijuana stocks are underpriced right now. While some pot stocks have begun to recover from the low points of 2020 and the panic that sent share prices tanking, many have not yet regained their heights. In a supercharged market that’s likely to emerge on the other side of the pandemic, those highs are likely to be regained—and then some. To that end, investing in marijuana stocks now while they remain on the downswing could be another huge opportunity to see large gains in a short amount of time. Of course, you’d have to take a riskier bet on weaker-performing pot stocks. Many of the top marijuana stocks have performed rather well in 2021. So, investors are left with a choice: go in on the riskier pot stocks that have a better chance of seeing higher and faster gains, or invest in the old favorites that have delivered respectable gains for years and shown resilience to market shifts. In my mind, it’s almost always better to err on the side of long-term investments. They’re more reliable and have shown an ability to deliver consistent gains year-over-year. Yes, investors may forgo some insane early gains, but they’ll usually make those up in the long run and not have to worry about timing their selling and buying exactly right. In other words, long-term investments offer more leeway and flexibility. Unless you’re a day trader, I’d suggest going in on the marijuana stocks with weaker near-term projections but stronger upside down the line. The marijuana market is looking once again to be on the brink of a major recovery. While we’ve already seen fits and starts of pot stocks regaining their former highs, there appears to be a wave of excitement building as the world gets back to normal. And that wave is likely to lift marijuana stocks highest of all in the short term.
在考虑大麻股的未来时,投资者必须记住的一件事是,这些股票仍处于一个新兴行业。虽然大麻股票在许多方面都是独特的,但它们或多或少还是遵循了典型的新兴行业股票模式。 这意味着,亲爱的读者,我们可以期待在不久的将来从大麻库存中看到大的东西。 股市乐观情绪处于历史高位,达到近20年来从未见过的水平。(来源:《华尔街是近二十年来最看好股票的》,彭博社,2021年8月14日。) 华尔街分析师对标准普尔500指数成份股公司的所有建议中,大约56%被列为买入,这是自2002年以来我们看到的市场最乐观的一次。(还记得那些日子吗,在大衰退、全球新冠肺炎疫情和政治僵局之前?)。 这种乐观情绪的原因是最近几个季度出人意料的高企业收益。考虑到这场流行病在消退的同时,给经济带来了另一个令人厌恶的德尔塔变异毒株和新菌株引发的所有问题,这些高点更加令人惊讶。 尽管如此,随着我们迈向2022年,整体市场有非常积极的预测。 这对大麻股来说是个好消息。 作为一个新兴行业的一部分,大麻股票被认为是高风险/高回报的投资。它们以在短时间内达到令人眩晕的高点而闻名,但它们也容易大幅下跌。 这种动态远不是锅股票的缺陷;这是一个特征。当投资者将大麻股票加入投资组合时,这就是他们想要的:快速赚大钱的能力,即使这确实伴随着风险。 在市场低迷和经济不确定性期间,高风险/高回报股票首当其冲。毕竟,当投资者担心股市处于重大崩溃的边缘时,他们最不想持有的证券是那些特别容易受到市场波动影响的证券。 相反,当乐观情绪高涨时,锅类股更容易快速上涨。当市场势头增强时,新兴行业股票是第一批被寻找的股票。投资者正确地认为,它们有最高的上限--或者至少有可能在短时间内看到最快的涨幅。 现在我们看到乐观情绪回归股市,投资者应该对大麻股票在未来几个月和几年的表现感到非常兴奋。 然而,有一个警告。我以前很乐观。事实上,就在几周前,随着新冠肺炎开始衰退,现金通过政府刺激支票流入人们的口袋,我们似乎终于站到了过去一年半以来一直在与之斗争的废话的另一边。 但这并不全是阳光和彩虹。如前所述,新冠肺炎已经开始通过德尔塔变异毒株卷土重来,令我们非常恼火的是,这种疾病似乎有更高的爆发可能性,甚至在接种疫苗的人中也是如此。 尽管如此,尽管最初我们对不久的未来有多乐观,但现在看起来--至少就股市而言--形势很好。 因此,pot股票再次成为首要的投资机会。对于那些热衷于在一年左右时间内将资金翻倍的投资者来说,大麻股票很有吸引力。 大麻股票尤其令人兴奋的是,除了大麻股票目前被低估的事实之外,它们将受益于新兴行业的提振,同时大麻行业显示出显著的增长迹象。 虽然一些大麻股票已经开始从2020年的低点和导致股价暴跌的恐慌中复苏,但许多股票尚未恢复到高点。 在一个可能出现在疫情另一边的超级市场中,这些高点可能会重新获得--然后是一些。 为此,在大麻股票仍在下跌的时候投资它们可能是另一个在短时间内看到大幅上涨的巨大机会。 当然,你必须在表现较弱的大麻股票上押注风险更高的赌注。许多顶级大麻股在2021年表现相当不错。 因此,投资者只有一个选择:投资风险更高、更有可能看到更高更快涨幅的股票,或者投资多年来取得可观涨幅、对市场变化表现出弹性的老热门股票。 在我看来,在长期投资方面犯错几乎总是更好的。他们更可靠,并显示出逐年持续增长的能力。是的,投资者可能会放弃一些疯狂的早期收益,但从长远来看,他们通常会弥补这些收益,不必担心他们的卖出和买入时机是否正确。 换句话说,长期投资提供了更多的回旋余地和灵活性。除非你是一个日内交易者,否则我建议你买入那些短期预测较弱但倒挂线较强的大麻股票。 大麻市场再次处于重大复苏的边缘。 虽然我们已经看到大麻库存断断续续地恢复到以前的高点,但随着世界恢复正常,似乎有一波兴奋情绪正在形成。这股浪潮可能会在短期内将大麻库存提升到最高水平。

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