Benzinga’s ‘Stock Whisper’ Index: 5 Stocks Investors Secretly Monitor But Don’t Talk About Yet
Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to uncover new information.
This index layers editorial commentary to help make sense of why these stocks should be of interest and whether investors or casual readers should watch them.
Related Link: The ‘Mag 7 Bench’ – Josh Brown Picks The Next Magnificent 7 Stocks
Here is a look at the Benzinga Stock Whisper Index for the week of March 29:
Canopy Growth Corp (NASDAQ:CGC): The cannabis company saw increased interest from investors and saw shares trade higher after Germany legalized possession and cultivation of cannabis. The country also ruled that medical cannabis will be a non-narcotic.
The news from Germany comes on the heels of cannabis stocks being volatile related to statements from Vice President Kamala Harris encouraging the DEA to reschedule marijuana.
Canopy Growth CEO David Klein said Germany’s cannabis market could grow from $500 million to over $2.5 billion in the next two years.
“We think that the market has the ability to grow 10x over the next several years. Most of the revenue is going to come through the medical channel, which is where you will see the commercial benefit for Canopy,” Klein said during an interview with Bloomberg.
JD.Com Inc (NASDAQ:JD): The Chinese e-commerce company saw strong interest …