M&A Buzz Puts Retailer in Focus

The Dow and its peers are back near breakeven at midday

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MIDDAY MARKET CHECK     1/17/2020
This Pot Stock Could Be The Next Procter & Gamble A tiny cannabis company is about to disrupt Latin America's $31.98 billion cosmetics industry with a revolutionary new line of CBD beauty products. Then it's on to conquer CBD health care...skin care...and even the pet care markets. So far this company's flying under Wall Street's nose... But not for long.
Stocks Pare Gains After Fresh Highs By Josh Selway Share On The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) have all hit new highs today, though a big drop in job openings in November has pulled the major indexes back near breakeven on the day.  In turn, the Dow's four-day win streak is in jeopardy -- though stocks' weekly gains appear firmly in place. Elsewhere, traders were also monitoring upbeat housing data, along with the latest headlines from the M&A and earnings fronts. Continue reading for more on today's market, including: 2 penny stocks on the move today. The retailer in focus on M&A buzz. Plus, gold ETF in focus again; M&A buzz boosts education stock; and Snap's new bull note. >> Continue reading...
LATEST HEADLINES
>> Twitter Stock Drops on Analyst Slam TWTR has been attempting to recover from its fourth-quarter lows >> 2 Penny Stocks Making Big Moves The shares of IMBI and DRRX are moving in opposite directions >> Gap Options Hot After Retailer Scraps Spinoff GPS is staring up at its 200-day trendline still >> Comcast Enters Streaming Wars With Peacock Comcast just revealed more details about its new streaming service, Peacock >> Stock Futures Point to Another Day of Gains Stocks are set to close a big week on a bullish note Sponsored A rare "private placement" opportunity in cannabis Right now you've got a short window to get in on a tiny new company set upperfectly to dominate the cannabis market. From CBD-infused cosmetic, skin, and pet care products...to medical marijuana...to THC-based consumables...and everything in between...This company's positioned to profit from virtually every kind of pot-based product you can think of. Yet Wall Street's hardly aware of it. Institutional buyers sure are, though, but they can't buy it...yet. It's the most exciting - and overlooked - opportunity in the new cannabis sector today.
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