Back in October 2018, I made a special stock recommendation to folks who attended our historic online “American Cannabis Summit.” (If you still haven’t seen it, click here; it’s free.)
The stock was – and is – a real rarity in the cannabis sector, and here’s why…
It’s massively profitable, it trades, liquid as water, on the “Big Board” of the New York Stock Exchange, and – best of all – it pays 2.31% in a cold, hard cash dividend.
Now, the dividend alone is enough to double your investment over the five years it’ll take for the legal marijuana market to hit $146.4 billion.
But the share price has far surpassed my (admittedly conservative) estimates…
This cannabis stock is up more than 53% since my initial recommendation; it was a port in a storm during pot stocks’ rocky fourth quarter. That’s around 1% every day, and at this rate, the price should be four times what it is this morning in about a year.
Like I said, some people have already had the chance to participate in these remarkable profits, but now it’s time to let everyone in on the secret behind these superior returns…
About the Author
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.
This post is from MoneyMorning. We encourage our readers to continue reading the full article from the original source here.