There's a Whole New Way to Profit in the Red-Hot Marijuana Sector

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Greg Miller

It's hard to overstate the importance of the 2018 Farm Bill for the American cannabis business – and the folks who've had the foresight to follow along with our cannabis investing research.

As my readers have seen with the market-crushing slew of double-digit gains in our model portfolio, the Farm Bill was like flipping the switch on a money-printing machine.

But there's another, far less well-known law on the books. This is going back to 2012, although it wasn't fully implemented until 2016.

I mean the Jumpstart Our Business Startups (JOBS) Act. It was meant to encourage the funding of small businesses while easing the the burden of regulatory compliance. The Act makes it possible for a business to raise tens of millions of dollars in capital from anyone – a huge boost for most early-stage startups.

No doubt that's great news for America's economy…

… But it's an absolutely earth-shattering development for marijuana investors. It's right up there with federal legalization in terms of unleashing profit potential.

It opens to the door to a galaxy of investing opportunities in the cannabis sector.

So let me show the kinds of profits that are possible when you know how to step right through…

Join the conversation. Click here to jump to comments…

Greg Miller

About the Author

Browse Greg's articles | View Greg's research services

Greg Miller started working on Wall Street in September, 1987, just a month before the "Black Monday" stock market crash.

During his career there, he became an expert in just about every kind of publicly traded security - from blue-chip and small-cap stocks to municipals, junk bonds, and derivatives. As a portfolio manager, Greg was responsible for over $500 million of assets in mutual funds and insurance company accounts.

After leaving the Street, he designed a successful options trading strategy and made lucrative tech investments for a financial publication. He has also helped develop new products and worked with other editors to hone their strategies.  He's always been dedicated to deep, fundamental research - and he always will be - because he believes buying the very best companies at the right price is the best way to amass wealth in the stock market.

… Read full bio

Top 10 Low Price Stocks To Invest In Right Now

tags:AVK,NGG,MTW,SSW,TRK,ANET,TCP,TROX,RMGN,SHBI,

Stocks finished the week lower as oil prices fell and the Federal Reserve looks set to raise interest rates next week.

Agence France-Presse/Getty Images

The S&P 500 fell 0.4% this week after rising 0.3% to 2,372.60 today, while the Dow Jones Industrial Average dropped 0.5% this week after advancing 44.79 points, or 0.2%, to 20,902.98 today. The Nasdaq Composite dipped 0.2% this week after gaining 0.4% to 5,861.73 today.

The S&P 500 and the Nasdaq Composite snapped six-week winning streaks, while the Dow ended a four-week winning streak.

Wellington Shields’ Frank Gretz notes that the “market is supposed to be anticipatory.” He explains:

Opinions follow price … memories do as well. If higher prices alone were not enough, the news always seems to improve as prices move higher. After all, the media always needs to explain the higher prices, and the good therefore becomes the emphasis. For example, there's little talk of the all-but-certain pending rate hike. Since the election the market has had a remarkable run, one built more on policy hope than policy reality. This complaint is met with the retort that it has only been 50 days, or whatever. Fair enough, but the point remains. Then, too, the market is supposed to do this, it's supposed to be anticipatory. Investors are getting this, and hence, what has been persistent strength. Interestingly, investors will begin to believe they always got it – no one was really worried about a possible trade war, and so on. The psychologist Baruch Fischhoff called this "creeping determinism," the idea that unexpected events turn into the expected. In other words, we will remember being more bullish in November than we were.

Top 10 Low Price Stocks To Invest In Right Now: Advent Claymore Convertible Securities and Income Fund(AVK)

Advisors' Opinion:

• [By Ethan Ryder]

  Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) VP Tony Huang bought 2,066 shares of the business’s stock in a transaction dated Wednesday, September 5th. The stock was acquired at an average cost of $15.66 per share, for a total transaction of $32,353.56. Following the completion of the acquisition, the vice president now directly owns 7,100 shares in the company, valued at $111,186. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

• [By Max Byerly]

  Saba Capital Management L.P. lessened its stake in Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) by 91.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,101 shares of the investment management company’s stock after selling 255,542 shares during the period. Saba Capital Management L.P. owned 0.11% of Advent Claymore Convertible Sec & Inc Fd worth $384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

• [By Ethan Ryder]

  Advent Claymore Convertible Sec & Inc Fd (NYSE:AVK) insider Tracy V. Maitland purchased 50,000 shares of Advent Claymore Convertible Sec & Inc Fd stock in a transaction dated Thursday, September 6th. The shares were acquired at an average cost of $15.68 per share, for a total transaction of $784,000.00. Following the completion of the transaction, the insider now owns 12,000 shares of the company’s stock, valued at approximately $188,160. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Top 10 Low Price Stocks To Invest In Right Now: National Grid Transco, PLC(NGG)

Advisors' Opinion:

• [By Tyler Crowe]

  National Grid (NYSE:NGG) has been about as solid of a dividend investment as any investor could ask for over the past decade. The company is the epitome of utility stocks as its regulated electricity and natural gas transmission businesses bear almost no commodity price or power-generation risk. For investors, the trade-off for that stability has been a rather slow rate of growth. 

• [By Anders Bylund, Timothy Green, and Brian Feroldi]

  So we asked a few Motley Fool contributors to share some alternatives to GM's attractive dividend yields. Read on to see why our panelists recommended Pitney Bowes (NYSE:PBI), National Grid (NYSE:NGG), and AT&T (NYSE:T).

• [By Logan Wallace]

  National Grid (NYSE: NGG) and EnLink Midstream Partners (NYSE:ENLK) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, institutional ownership, risk, valuation, dividends, earnings and analyst recommendations.

• [By Maxx Chatsko]

  Investors would be forgiven for overlooking National Grid (NYSE:NGG) when evaluating utility stocks. Over half of the company's asset base is located in the United Kingdom, along with its corporate headquarters. That means it reports financial performance in pounds, and it's a lot easier to avoid currency conversions and the painful effects of currency exchange rates, which have significantly weighed on the business in recent years thanks to a strong U.S. dollar.

• [By Joseph Griffin]

  CNX Midstream Partners (NYSE: CNXM) and National Grid (NYSE:NGG) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, profitability, analyst recommendations and valuation.

Top 10 Low Price Stocks To Invest In Right Now: Manitowoc Company, Inc. (MTW)

Advisors' Opinion:

• [By Dan Caplinger]

  Wednesday was a good day on Wall Street, with the Nasdaq Composite and Russell 2000 indexes both hitting record highs and other major benchmarks also generally posting solid gains. Optimism about the strong U.S. economy was enough to offset geopolitical concerns related to trade even as White House officials reiterated their position on keeping newly imposed tariffs in place. Some individual companies also had good news that sent their shares sharply higher. Advanced Micro Devices (NASDAQ:AMD), Nektar Therapeutics (NASDAQ:NKTR), and Manitowoc (NYSE:MTW) were among the best performers on the day. Here's why they did so well.

• [By Logan Wallace]

  Global X Management Co. LLC purchased a new stake in The Manitowoc Company (NYSE:MTW) in the 1st quarter, HoldingsChannel reports. The fund purchased 7,209 shares of the industrial products company’s stock, valued at approximately $205,000.

• [By Stephan Byrd]

  Manitowoc Company Inc (NYSE:MTW) CEO Barry Pennypacker bought 19,600 shares of the company’s stock in a transaction that occurred on Thursday, June 14th. The shares were acquired at an average cost of $25.19 per share, with a total value of $493,724.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

• [By Joseph Griffin]

  The Manitowoc Company (NYSE:MTW) – Stock analysts at William Blair upped their Q2 2018 earnings per share estimates for The Manitowoc in a report released on Tuesday, May 8th. William Blair analyst L. De. Maria now forecasts that the industrial products company will post earnings of $0.30 per share for the quarter, up from their prior estimate of $0.18.

• [By Rich Smith]

  Industrial stocks have been a casualty of Donald Trump's trade war, writes Barron's. In a recent column, the business journal noted that the Industrial Select Sector SPDR ETF, a proxy for industrial stocks as a whole, has lagged the performance of the broader S&P 500 in 2018. And yet, over the past month, both the S&P 500 and the Industrial SPDR have been trending upwards. One analyst thinks the time has come for three industrial stocks in particular -- Caterpillar (NYSE:CAT), Manitowoc (NYSE:MTW), and Helios Technologies (NASDAQ:SNHY) -- to rake in some gains.

Top 10 Low Price Stocks To Invest In Right Now: Seaspan Corporation(SSW)

Advisors' Opinion:

• [By Max Byerly]

  Get a free copy of the Zacks research report on SEASPAN Corp/SH SH (SSW)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Motley Fool Transcribing]

  Seaspan (NYSE:SSW) Q4 2018 Earnings Conference CallMarch 6, 2019 8:30 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Joseph Griffin]

  News headlines about SEASPAN Corp/SH SH (NYSE:SSW) have trended somewhat positive on Tuesday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SEASPAN Corp/SH SH earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the shipping company an impact score of 46.6781458026115 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Top 10 Low Price Stocks To Invest In Right Now: Speedway Motorsports Inc.(TRK)

Advisors' Opinion:

• [By Stephan Byrd]

  Truckcoin (CURRENCY:TRK) traded 18.3% higher against the U.S. dollar during the twenty-four hour period ending at 15:00 PM E.T. on August 15th. During the last week, Truckcoin has traded down 27.7% against the U.S. dollar. Truckcoin has a market cap of $238,495.00 and $2,167.00 worth of Truckcoin was traded on exchanges in the last 24 hours. One Truckcoin coin can currently be bought for $0.0012 or 0.00000018 BTC on major exchanges.

• [By Max Byerly]

  Truckcoin (CURRENCY:TRK) traded flat against the US dollar during the twenty-four hour period ending at 20:00 PM E.T. on March 14th. Over the last seven days, Truckcoin has traded flat against the US dollar. One Truckcoin coin can now be bought for approximately $0.0006 or 0.00000016 BTC on popular cryptocurrency exchanges. Truckcoin has a total market capitalization of $139,640.00 and $0.00 worth of Truckcoin was traded on exchanges in the last 24 hours.

• [By Ethan Ryder]

  Truckcoin (CURRENCY:TRK) traded 0.1% lower against the US dollar during the 1-day period ending at 7:00 AM ET on April 18th. One Truckcoin coin can currently be purchased for $0.0019 or 0.00000023 BTC on cryptocurrency exchanges. Truckcoin has a total market capitalization of $338,505.00 and $362.00 worth of Truckcoin was traded on exchanges in the last day. During the last week, Truckcoin has traded up 33.5% against the US dollar.

• [By Joseph Griffin]

  Truckcoin (TRK) is a PoW/PoS coin that uses the X11 hashing algorithm. It launched on July 29th, 2014. Truckcoin’s total supply is 201,189,260 coins. Truckcoin’s official Twitter account is @truckcoin_v2 and its Facebook page is accessible here. Truckcoin’s official website is truckcoin.net.

Top 10 Low Price Stocks To Invest In Right Now: Arista Networks, Inc.(ANET)

Advisors' Opinion:

• [By Motley Fool Transcription]

  Arista Networks, Inc. (NYSE:ANET)Q2 2018 Earnings Conference CallAugust 2nd, 2018, 4:30 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Danny Vena]

  Arista Networks (NYSE:ANET) has a habit of beating expectations on both the top and bottom lines, having done so in each of the past three earnings reports. The company has achieved this with impressive revenue growth, increasing sales by 41%, 28%, and 29% for the first, second, and third quarters, respectively.

• [By Motley Fool Staff]

  Arista Networks (NYSE:ANET) Q1 2018 Earnings Conference CallMay. 3, 2018 4:30 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Motley Fool Transcription]

  Arista Networks, Inc. (NYSE:ANET) Q4 and Fiscal Year 2018 Earnings Conference Call Feb. 14, 2019, 4:30 p.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

Top 10 Low Price Stocks To Invest In Right Now: TC PipeLines, LP(TCP)

Advisors' Opinion:

• [By Matthew DiLallo]

  Most investors have probably heard of energy giants Royal Dutch Shell (NYSE:RDS-A) (NYSE:RDS-B), Dominion Energy (NYSE:D), and TransCanada (NYSE:TRP). Fewer, however, are likely familiar with their publicly traded master limited partnerships (MLPs): Shell Midstream Partners (NYSE:SHLX), Dominion Energy Midstream Partners (NYSE:DM), and TC Pipelines (NYSE:TCP). That might be a good thing, as the market has beaten up the latter trio this year, sending their valuations south.

• [By Max Byerly]

  Get a free copy of the Zacks research report on TC Pipelines (TCP)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Matthew DiLallo]

  For years, Canadian pipeline giant TransCanada (NYSE:TRP) has used its master limited partnership (MLP) TC Pipelines (NYSE:TCP) as a source of capital by dropping down assets to that entity in exchange for cash. However, a regulatory policy change earlier in the year hit TC Pipelines hard, which caused the MLP to slash its distribution to investors. These changes have weighed heavily on the MLP's valuation and access to capital. Because of that, TransCanada no longer believes it can use TC Pipelines as a viable funding option.

• [By Max Byerly]

  Get a free copy of the Zacks research report on TC Pipelines (TCP)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Reuben Gregg Brewer]

  TC Pipelines, LP (NYSE:TCP) did something that no limited partnership wants to do in May of this year: It reduced its distribution. The 35% distribution cut was clearly material for unitholders, and was compounded by a nearly 30% drop in TC Pipeline's unit price. Although the units have gained some ground back, they remain off roughly 40% for the year. Value-conscious investors might wonder, however, if TC Pipelines, with its still generous 7.9% yield, is a buy at this point?

Top 10 Low Price Stocks To Invest In Right Now: Tronox Limited(TROX)

Advisors' Opinion:

• [By Maxx Chatsko]

  One factor contributing to the awful start to life as a publicly traded company is simply timing. Venator Materials stock listed on public exchanges just in time to catch the last few months of a multiyear bonanza for titanium dioxide stocks. Shares of Kronos Worldwide, Chemours, and Tronox Ltd (NYSE:TROX) all jumped by triple digits in the three-year period ending in 2017. That helped to soften the blow from their double-digit declines suffered so far in 2018, but the newcomer has no such history to hang its hat on.

• [By Shane Hupp]

  Tronox (OTCMKTS:TROX) had its target price lowered by equities research analysts at BMO Capital Markets to $13.00 in a report released on Tuesday, The Fly reports. The firm currently has an “outperform” rating on the basic materials company’s stock. BMO Capital Markets’ target price indicates a potential upside of 0.93% from the company’s previous close.

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Tronox (TROX)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Joseph Griffin]

  Wolverine Asset Management LLC acquired a new stake in Tronox Ltd (OTCMKTS:TROX) in the second quarter, HoldingsChannel.com reports. The firm acquired 27,200 shares of the basic materials company’s stock, valued at approximately $535,000.

• [By Maxx Chatsko]

  Shares of Tronox (NYSE:TROX) jumped over 20% today after the company announced it had filed a joint motion with the U.S. Federal Trade Commission to delay the appeal schedule regarding the review of its proposed acquisition of Cristal. The move suggests the titanium dioxide manufacturer and the FTC are making progress toward a compromise over the acquisition of the Saudi-based chemicals producer, which has been under intense regulatory scrutiny for two years. 

• [By Stephan Byrd]

  Hydrogenics (NASDAQ: HYGS) and Tronox (NYSE:TROX) are both oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, valuation, institutional ownership, dividends, risk, analyst recommendations and earnings.

Top 10 Low Price Stocks To Invest In Right Now: RMG Networks Holding Corporation(RMGN)

Advisors' Opinion:

• [By Ethan Ryder]

  Media coverage about RMG Networks (NASDAQ:RMGN) has trended somewhat positive on Sunday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RMG Networks earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 45.2069122997124 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Top 10 Low Price Stocks To Invest In Right Now: Shore Bancshares Inc(SHBI)

Advisors' Opinion:

• [By Shane Hupp]

  Press coverage about Shore Bancshares (NASDAQ:SHBI) has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shore Bancshares earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.3784121307224 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

• [By Joseph Griffin]

  Media coverage about Shore Bancshares (NASDAQ:SHBI) has trended somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shore Bancshares earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 47.376414932679 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

• [By Joseph Griffin]

  LSV Asset Management increased its stake in Shore Bancshares Inc (NASDAQ:SHBI) by 134.4% during the 1st quarter, Holdings Channel reports. The firm owned 157,489 shares of the bank’s stock after acquiring an additional 90,289 shares during the period. LSV Asset Management’s holdings in Shore Bancshares were worth $2,970,000 as of its most recent filing with the Securities and Exchange Commission.

Just married? Be prepared for divorce, death…

Let's face it: Few of us marry and then begin planning for divorce or widowhood. But based on the statistics, that is precisely what we should do. I know this viscerally because I recently lost my husband.

Consider this: The average age of a widow in the U.S. is 59. (I matched the age statistic almost to the day.) And women divorce for the first time at age 30 (on average). Add to that, men tend to die five years before their spouses (76 for men versus 81 for women).

That equation doesn't bode well for most women. Why do I say that? Because, according to a recent study published by U.S. Trust, 64 percent of baby boomer men are the dominant investment decision makers in their home, while 27 percent claim equal partnership with their wives. Only 9 percent of baby boomer women take on the dominant role of investing the family assets.  

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If women are widowed at 59, divorced at 30 and tend to live longer than men, we need a plan. A plan that reflects our goals, our understanding and our participation. This is important for women and the men who care about them.  

Here are five must-dos:

Get a planner

Couples need to engage equally in investment planning and decision making. In my 30-plus years in the investment business, women frequently excuse themselves from the conversation. Yet research shows women make better investors than men in both risk-on and risk-off investment strategies. Research also shows that because of their disengagement, when the "money spouse" dies (typically the male partner), the "non-money spouse" ends up firing her investment manager over  two-thirds of the time.  This is an expensive exercise and can be avoided. Engage. 

 (Photo: Getty Images)

Review your plan

Review your trust every five years; if you don't have a trust, get one – yesterday! Though I was the dominant investment decision-maker, and though we had established our trust some 30 years prior (and updated it numerous times over the years), I quickly realized it was dated. I had to go through a costly revision at just the time when I didn't need the added headache and hassle.

Keep 401(k) and IRA beneficiary forms

This may seem obscure but it happened to me. The bank – the trustee of our IRAs – lost our beneficiary forms. Since we had opened those accounts decades earlier, I didn't have a copy. It would be reasonable to expect the bank/trustee to retain those records, but I learned a hard lesson: Keep a copy of everything.

Life insurance: Don't dismiss life insurance as too pricey. Here's how to pick a plan

Part-timer struggles: Working full-time for health coverage? Many who want part-time jobs are stymied by costs

Include both names

All accounts and bills should include your name. This is particularly important for young women who are establishing credit. If you become a divorce statistic, it will be critical for you to have established a history with the utility company or the credit card company.  I can't tell you the number of women I meet (of all ages) who have not established a record with creditors or service providers. We had one account without my name on it – our cellular bill. I have been down to our provider's office three times, presented a death certificate, spent hours on the phone with no success in getting the account name changed. Avoid the hassle. 

Use a virtual binder

Consolidate your financial life on an aggregator.  Think of an aggregator as a virtual binder with a vault.  All of your assets and liabilities feed into this software, and you have a real-time picture of your net worth and income from all sources. The most appealing aspect of an aggregator is that it becomes a single point of contact for all things financial; no chasing down documents or accounts. They are all in one secure place.  

None of us believes we will become a statistic but, sadly, some of us do. Regardless, when the time comes you – and eventually your heirs – will be grateful you planned and engaged and invested.  

CLOSE

After 19 years covering the stock market for USA TODAY, Adam Shell gives his best advice on how to successfully invest in the market. USA TODAY