2 Earnings-Beating Cannabis Stocks Ready to Move

It’s one of Wall Street’s best-kept secrets – a studied market anomaly that helps investors ride a move after a company reports an earnings surprise. And right now looks like a great time to apply this strategy to the cannabis sector after two of the most exciting cannabis stocks just crushed fourth-quarter expectations.

I’m talking about post-earnings announcement drift (PEAD) – the tendency for stocks that beat earnings expectations to deliver outsized returns in the following weeks and months. Continue reading “2 Earnings-Beating Cannabis Stocks Ready to Move”