Diageo $DEO is on the hunt for a cannabis company to add to their already winning group of beer, wine, and spirits. The company known for Captain Morgan, Smirnoff, Guinness, and many more alcoholic beverages is looking to expand to the marijuana industry. This has great potential as Canada legalizes the drug this month. We saw this a few weeks ago when Constellation Brands $STZ bought a stake in Canopy Growth $CGC causing a spike in both stocks.
As hurricane Florence passes look for Halliburton $HAL to rally. Oil and energy have been down and this stock is at a great price near its 52 week low! With a nearly 2% dividend yield, you will have no problem waiting for it to move up.
Phillip Morris $PM is also looking for a partner in the cannabis sector. This international tobacco company has an incredible 4.8% dividend yield and price targets over $100. We believe any price below the $80 mark is a good long-term investment.
$BRK.B Berkshire B is a great investment. Led by Warren Buffett this diverse portfolio of stocks has delivered consistently above the S&P average year after year! It is a safe play on the market.
$ACBFF – This hot cannabis stock continues to trade high volume as Canada legalizes pot this September. Look for it to really pop as they look for potential partners.
$PLUG – Plug Power is a safe small-cap investment in the fuel cell energy sector