2019 IPOS include:
- Beyond Meet
- Lyft
- Zoom Video
- Luckin Coffee
- Karuna
- Palomar Holdings
Some of the IPO laggards include:
- Uber and Smile Direct Club
Alex Ruus discusses Canopy Growth
- Hired Goldman Sachs veteran recently Judy Hong
- Ruus says it looks like Canopy has run out of momentum
- Says they are losing money, should stay away from entire sector for the next month or so
- Ruus was down about 10% on his BNN Past Picks segment, not a good return compare to other reporters
- Weed stocks have been getting thrashed lately
- Weed stock prices are cheap right now but that doesn’t mean its good time to buy
Other CGC notes:
- David Klein hired as new CEO, his main goal will be to cut production costs
- Stock jumped about 12% on news
Bruce Murray, portfolio manager, CEO, and CIO of The Murray Wealth Group, discusses Apple’s Stock
- Wants to know how much money can Apple make from the software side in the future
- Says he is comfortable investing in Apple
- Bruce Murray was up about 25% in his BNN Past Picks segment which is respectable
Bruce Murray talks about Sun Life Financial’s stock (SLF)
- Up about 27% for the last year, hitting a high
- Well managed company
- Need to make a big acquisition, looking at making one
- Hes comfortable with it and its his biggest holding
Activision Blizzard NASDAQ: ATVI Stock Review:
- Call of Duty their main game
- Video gaming is bigger industry then movie theater business now
- Stadiums are selling out in tournements
- Fortnite is competition
- Video gaming is looking good going forward, good entry point at $53
Other notes:
- Jim Cramer has a rule when selling stocks that “nobody ever made a dime panicking” . Don’t sell when panicking, there will always be a better time to sell
- Norway, Finland leading in renewable energy efficiency, Tesla is one of the tech companies leading
- Ross Healy on BNN his past picks were at 25% return, David Baskin was also on his return was 12%