RE:Do Your ResearchDariusDD wrote: I've made my money by investing long term in strong companies (not necessarily their stock). I research the heck out of the company and their management and most importantly what it is they do to make money (the simpler the "Better"). This strategy rarely fails. It works for companies like Colgate that make toothpaste or Fastenal that makes nuts and bolts. It's also going to work for Canopy which is only in its infancy and has already established itself as the undisputed leader in recreational and medical cannabis. If there ever was a company and management team that knew exactly where they were heading, Canopy would be it.
The market eventually catches on and values the stock appropriately and it looks like that rocket is just now getting ready for liftoff!
Just for fun, here are the charts for Fastenal and Colgate...
https://ca.finance.yahoo.com/q/bc?s=FAST&t=my&l=on&z=l&q=l&c=
https://ca.finance.yahoo.com/q/bc?t=my&l=on&z=l&q=l&p=&a=&c=&s=CL%2C+&ql=1