The GGG is a convenient triple-function vaporizer that heats up quickly and efficiently vaporizes dry blends, oils and waxes. Featuring an ergonomic pen aesthetic and an array of color options, the GGG is the perfect vaporizer for someone who is new to vaporizing on the go.
HOW DOES GGG WORK?
You have the choice of using your GGG vaporizer with traditional dry blends, solid waxy concentrates, or liquid concentrates known as “essential oils.” If you’re using the herb chamber, be sure to grind up your blends finely before inserting them into the cartridge. The cartridge heats your plants using a conduction current generated by the nichrome coil at the bottom of the chamber. It’s important to not fill it too fully as the current needs some airflow in order to fully and efficiently vaporize the essential ingredients in the flowers.
If you’re more inclined to vape concentrates, you can use the GGG as an oil or wax vaporizer simply by changing out the herb cartridge with the clear oil tank or waxy atomizer which come standard with every unit. Simply load your liquid or waxy oil into the designated chamber, screw the chamber onto the battery and prime the power button to get your GGG ready for therapeutic use. Whether you’re using dry blends or concentrates, it’s important to only hold down the power button for 8-10 seconds maximum. Taking a nice gentle 5-8 second inhale while holding the power button will yield a satisfying vapor cloud upon exhale.
HOW TO CLEAN, CHARGE AND STORE
The GGG Vaporizer comes with a Dabber Tool which can be used both to load oils and waxes into the clearomizer (or “oil tank”) as well as for cleaning the residue of vaped concentrates out of the waxy atomizer. For more sophisticated cleaning, a simple solution with 90% isopropyl alcohol can be squirted into the clearomizer and swished around for a minute to loosen up any old gunk or waxy residue.
Additionally there is an included Cleaning Brush which is designed for use with the herbal chamber. Sometimes vaped grounds will stick to the sides of the chamber and this Cleaning Brush makes for a swift clean-up so you have a clean uninterrupted draw for your next session of flowers in the GGG. When not in use, simply attach your GGG vaporizer battery to the wall adapter or USB charger which come standard with every GGG, making sure to fully charge the battery before every use. Full charging will increase the shelf life of your battery and regular cleaning of the clearomizer and wax atomizer will enhance every vaporizing experience with your GGG Vaporizer Pen.
The GGG is a convenient triple-function vaporizer that heats up quickly and efficiently vaporizes dry blends, oils and waxes. Featuring an ergonomic pen aesthetic and an array of color options, the GGG is the perfect vaporizer for someone who is new to va
Why Earnings Season Could Be Great for Graco (GGG)
Investors are always looking for stocks that are poised to beat at earnings season and Graco Inc. GGG may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
That is because Graco is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for GGG in this report.
In fact, the Most Accurate Estimate for the current quarter is currently at 29 cents per share for GGG, compared to a broader Zacks Consensus Estimate of 27 cents per share. This suggests that analysts have very recently bumped up their estimates for GGG, giving the stock a Zacks Earnings ESP of +7.26% heading into earnings season.
Graco Inc. Price and EPS Surprise
Graco Inc. price-eps-surprise | Graco Inc. Quote
Why is this Important?
A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).
Given that GGG has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Clearly, recent earnings estimate revisions suggest that good things are ahead for Graco, and that a beat might be in the cards for the upcoming report.
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Jim Cramer: Buy These 10 ‘Up’ Stocks
In this kind of market, where the darned thing has a hard time staying down even on weak employment numbers, even when the president is unstoppably seeking re-election — a potential black swan event if there ever were one — the up stocks never quit. Don’t let the door hit you on the way out.
Stocks wobble after Mnuchin pulls plug on Fed stimulus
World financial markets stalled on Friday as news U.S. Treasury was ending emergency loans programmes dealt a blow to economic recovery hopes just as California announced curfews to try and fight surging coronavirus infections. S&P500 futures slipped 0.5% while Dow futures fell 0.6%, cancelling out a firmer lead from a strong Wall Street session overnight. The dollar was slightly weaker and the 10-year Treasury yield slipped to the lowest in 10 days at 0.818%.
Here’s What $500 Invested In 7 Electric Vehicle Penny Stocks In March Is Worth Right Now
Who would have thought 2020 would be the dawn of a new era in electric vehicle stocks. Though many of these companies have been on the market in one shape or form for years, most have traded as penny stocks. Tesla Inc (NASDAQ: TSLA), which was always the top dog in the industry, now finds itself with a number of major competitors.There’s no denying that FOMO (fear of missing out) has driven short-term trends in these lesser-known names, and those who invested early are now reaping the benefits.Before we continue, we need to acknowledge that these stocks carry huge amounts of risk. The EV stocks detailed below are all volatile like penny stocks. So if you are looking for ways to trade these names or make money with penny stocks, it’s important to control your downside.All that being said, a number of new EV stocks have also helped fuel demand. Let’s say you decided that after the March sell-off this year to invest some money into electric vehicle penny stocks. What would that look like right now if you were to take $500 at that time and throw it blindly into some of these names?Kandi Technologies Group, Inc. (NASDAQ: KNDI)Kandi Technologies is one of the newer names in the space. In 2013, the company and Geely Group, a Chinese automaker, jointly invested in the establishment of Fengsheng Automotive Technology Group Co., Ltd. in order to develop, manufacture and sell pure EV products. Earlier this year, Fengsheng introduced its first pure electric SUV, the Maple 30x.Fast-forward to today and Kandi has established dealer partnerships for the retail launch of two “affordable EV models”\- K23 and K27. Shares of KNDI have rallied almost 180% in the last two weeks, nearly getting back to the all-time high of $17.40 from July 30.A $500 investment in Kandi in mid-March would’ve gotten someone around 230 shares. At today’s price, that position would be worth around $3,300. That’s a 560% return.ElectraMeccanica Vehicles Corp (NASDAQ: SOLO)ElectraMeccanica’s flagship is a single-passenger EV dubbed “SOLO”. The company has been working toward commercialization and building its U.S. footprint, with its first round of new retail locations just announced at the end of October and the initial shipment of SOLO EV’s just arriving in North America.With commercial launch imminent and momentum as a backdrop, SOLO shares have surged in recent weeks. In a July interview with Benzinga, ElectraMeccanica CEO Paul Rivera said, “We are not trying to compete with Tesla. When you’re driving this car, it’s just you, and you’re focused on the road.”With SOLO shares trading around $0.90 in mid-March, a $500 position would be somewhere in the ballpark of 555 shares. As of Thursday, the former penny stock reached a high of $9.74 making that position worth about $5,405, a 900% gain.Blink Charging Co. (NASDAQ: BLNK)Another one of the “pick and shovel” EV stocks is Blink Charging. The company continues gaining exposure as its charging stations remain a hot topic among traders and customers alike. Not only has Blink focused on expanding its charging footprint, but the company has also benefitted from other industry news. Apple Inc (NASDAQ: AAPL) for example, announced earlier this year that its Apple Maps would include EV charge routing. According to Blink, that will include its charging stations. Last week, Blink introduced a cable management solution for new and existing EV charger locations.BLNK reached a new all-time high Thursday, breaking $19 for the first time. A $500 position in BLNK around mid-March would equate to roughly 312 shares at $1.60. At today’s price that position is worth over $5,720 or an over 1,000% gain.Ayro Inc. (NASDAQ: AYRO)Ayro Inc. initially focused on manufacturing short-haul electric vehicles, such as things that drive around college campuses and office complexes. But the company’s recent deal with Karma Automotive forms a partnership that includes a plan to produce more than 20,000 light-duty trucks over the next three years. It’s also reportedly worth as much as $300 million. While AYRO is still one of the lower-priced EV stocks, shares have been equally explosive. Prior to its merger with DropCar, shares were trading around $0.40 in mid-March. A $500 position was equal to roughly 1,250 shares of DCAR – now AYRO. At this week’s current levels above $6, that position is worth right around $7,700.Green Power Motors (NASDAQ: GP)Green Power was originally listed on the TSX Venture market and traded in the U.S. on the OTCQX Market under the symbol GPVRF. After filing for a $35 million IPO on the Nasdaq, Green Power began trading under GP, the symbol it’s known for today. The company manufactures electric buses, cargo delivery vehicles, shuttles, and transit vehicles. Green Power recently closed a deal for six electric school buses that were sold to Thermalito Union Elementary School District through Greenpower’s national distributor, Creative Bus Sales.While GP reached of $23.45 earlier this year, the former penny stock currently trades around $19. Back in mid-March when Green Power was still on the OTCQX, the penny stock was worth around $1.05 meaning a $500 position was equal to about 476 shares. As of recent levels of $19, that position is now 1,700% higher valued at around $9,000.Workhorse Group (NASDAQ: WKHS)Who could forget Workhorse Group? It was one of the electric vehicle penny stocks originally brought to life by a Trump Tweet last summer. The company specializes in medium-duty trucks with powertrain components under the Workhorse chassis brand. Most recently, WKHS caught some momentum after receiving a purchase order for 500 all-electric C-1000 delivery vehicles from Pritchard Companies. Some of the momentum had been stifled following news that Ford Motor Company (NYSE: F) would be rolling out its own electric cargo vehicle.Needless to say, it hasn’t been a bad year for the former penny stock. In mid-March, shares were trading around $1.50. At its peak, WKHS reached highs of $30.99. Currently, the EV stock sits around $22.78 a share. That means a $500 position in March (roughly 333 shares) is now worth over $7,580 or an over 1,400% gain.Nio Inc. (NYSE: NIO)Nio isn’t the new kid on the block anymore. Last year NIO became a penny stock, at one point trading as low as $1.19. Though it didn’t experience a massive sell-off like most of the market did in the first quarter, shares of NIO stock were hovering around $2.30 in mid-March. But in light of the company’s recent earnings beat, NIO is at $48, knocking on the door of all-time highs. A $500 position in Mid-March would equate to about 217 shares of NIO. Today that would be worth $10,500, equating to a gain of over 2,000%. Neither the author of this post nor Pennystocks.com have a position or financial relationship with any of the stocks mentioned above. See more from Benzinga * Click here for options trades from Benzinga * Cannabis Stock Gainers And Losers From November 19, 2020 * Bitcoin, Ethereum & Chainlink – American Wrap: 11/19/2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
China dumps US Treasuries for fifth consecutive month, sending holdings to lowest level since February 2017
China’s holdings of US government debt have fallen to their lowest level since February 2017, following a fifth successive month of net US Treasury sales in September, according to a US government report.China sold US$6.22 million of US Treasury securities in September, lowering its total holdings to US$1.062 billion, according to the latest monthly Treasury International Capital (TIC) report from the US Department of the Treasury.Analysts cautioned that the reduction in China’s US Treasury holdings was not necessarily a sign it was reducing its overall US dollar-denominated securities holdings, since it could buy other assets such as stocks or corporate bonds instead.Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China.Nevertheless, while reducing its holdings of US debt, China has been on a buying spree of Japanese government bonds this year.According to data from the Japanese Ministry of Finance, China snapped up 27.7 billion yen (US$2.7 billion) worth of Japanese debt in September, resulting in 2.4 trillion yen of purchases over the first nine months in the year, up 73 per cent from the same period in 2019.China lost its status as the largest foreign holder of US Treasury securities to Japan more than a year ago, in the midst of a bitter trade war between the two superpowers that some speculate could descend into an all-out financial war.Ongoing discussions among Chinese academics have suggested that Beijing’s ongoing rotation of its US$3.14 trillion foreign exchange reserves could point to further shedding of as much as 20 per cent of its remaining US Treasury holdings.This could be a move to insulate itself from tensions with Washington, including the risks of US financial sanctions and the potential seizure of Chinese assets in the US, according to ongoing discussions among Chinese academics.China will “gradually decrease its holdings of US debt to about US$800 billion under normal circumstances”, Xi Junyang, a professor at the Shanghai University of Finance and Economics, was quoted as saying in September by the Global Times, which operates under the official People’s Daily, the Chinese Communist Party mouthpiece.China does not publish the composition of its current foreign exchange reserves, nor a detailed account of how much US dollar-denominated assets it owns, as it considers the information to be a state secret.The latest available official data showed that the share of US dollar assets in China’s foreign exchange reserves dropped to 58 per cent at the end of 2015 from 79 per cent in 1995.How the US uses the dollar payments system to impose sanctions on a global scaleGuan Tao, chief global economist at Bank of China Securities, said it would be inappropriate to interpret the reduction of foreign investors’ holdings of US debt as a decline in the status of the US dollar.Foreign investors may reduce their investments in US government debt but increase the allocation of other US-based financial assets. And while the Chinese government may be a net seller of US dollar assets, the private sector may still be net purchasers, Guan said.In the face of a retreat in foreign purchases over the past decade, the appetite among home grown buyers – from US mutual funds and pension plans to the Federal Reserve – is crucial to the US$20.4 trillion market.Due to the large increase in US government spending to offset the economic damage caused by the coronavirus pandemic, Washington is on track to issue an unprecedented US$5 trillion in net new debt in 2020 to plug its exploding budget deficit.US president-elect Joe Biden has called on the US Congress to pass another US$2.4 trillion stimulus bill to shore up the economy in the face of the recent sharp increase in virus infections in the country, though new legislation is unlikely until early next year.The Treasury’s record US$27 billion 20-year bond sale this week was greeted with soft demand that sent yields in secondary market trading higher.Meanwhile, global investors are reconfiguring their global portfolios to give Chinese securities a much greater role, with China set to be the only major economy to report positive economic growth for 2020.On Wednesday, China’s Ministry of Finance’s sale of 4 billion euro (US$4.74 billion) in euro-denominated sovereign bonds received an enthusiastic response, with strong participation coming from long-term investors in Europe and the US.A survey by HSBC Qianhai Securities showed 62 per cent of top international institutional investors and large corporations plan to increase their China portfolio allocations, by an average of 24.5 per cent in the next 12 months.”The international appetite for access to Chinese financial markets is at an all-time high,” said Justin Chan, head of Greater China, global markets at HSBC. “A steady stream of developments, from index inclusion to the Stock and Bond Connect schemes is opening this market like never before, and yield hungry investors from across the world are piling in.”This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP’s Facebook and Twitter pages. Copyright © 2020 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2020. South China Morning Post Publishers Ltd. All rights reserved.
Warren Buffett says this is how to keep your finances healthy during COVID
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Billionaire Ken Griffin Bets on These 3 “Strong Buy” Stocks
Stocks have turned up since the end of October, buoyed by an election that may offer stability and by news that effective vaccines for the novel coronavirus are closer than we had dared to think. The quick market shifts are enough to make investors dizzy – or at least, to get them looking to the experts to make sense of the financial landscape.In times like these, the legends can offer some guidance. We are referring to the people that transformed the way we play the investing game, namely Ken Griffin.Ken Griffin has a talent for math and finance. Since he started stock trading from his Harvard dorm back in 1987, Griffin has built up a personal fortune of more than $15 billion – and made a reputation on Wall Street as a giant in the hedge world. While he is personally reclusive, his investment decisions remain public, and following Ken Griffin’s stock choices makes a viable investment strategy.Griffin notes the market fall last winter, and describes the general rebound since March as “a macro trader’s dream.” Looking at the election, he sees the results as a net positive for the markets. Divided government, he believes, along with a narrower Democrat majority, will empower the centrists and help avoid “crippling” tax increases. With this in mind, we wanted to take a closer look at three stocks Griffin’s fund Citadel picked up recently. Running the tickers through TipRanks’ database, we learned that each one boasts a “Strong Buy” consensus rating from the analyst community and massive upside potential.Kadmon Holdings (KDMN)First up we have Kadmon, which focuses on developing drug treatments for immune disorders and fibrotic diseases, and like many clinical research companies, the investment point here is all about potential rather than earnings. Kadmon has two drugs in the pipeline – Belumosudil (KD025), which is in late-stage testing as a treatment for chronic graft-versus-host disease (cGVHD) and systemic sclerosis; and the experimental KD033, which is being investigated as an immunotherapy for cancerous tumors.A New Drug Application (NDA) has been submitted to FDA for Belumosudil in cGVHD, and is currently under review. Meanwhile, a phase 2 systemic sclerosis study continues to enroll and a small open label Phase 2 study is expected to start in 1Q21. Furthermore, KD033 is currently in Phase 1 study in metastatic and/or locally advanced solid tumors.An active pipeline – especially one in which the drug candidates are advancing steadily – is sure to attract investor attention. Among the fans is Ken Griffin. 924,309 shares were bought up by Citadel in Q3, with the total position now landing at 6,587,531 shares. The position is valued at more than $24 million.Indeed, thanks to the company’s promising pipeline and $3.80 share price, Mizuho analyst Mara Goldstein believes investors should get in on the action. “Belumosudil, a novel ROCK2 inhibitor, successfully completed a pivotal program (ROCKSTAR) in chronic graft versus host disease and a submission to the FDA has been initiated. We see this indication as generating U.S. revenue of $628 mln in 2030, which is not fully appreciated in KDMN’s valuation, in our view […] We also see potential opportunity from additional indications and other candidates holding valuation inflection potential,” Goldstein noted.To this end, Goldstein rates KDMN a Buy along with a $13 price target. This target conveys Goldstein’s confidence in KDMN ability to climb 246% from current levels. (To watch Goldstein’s track record, click here)Are other analysts in agreement? They are. Only Buy ratings, 4, in fact, have been issued in the last three months. Therefore, the message is clear: KDMN is a Strong Buy. Given the $13.75 average price target, shares could skyrocket 266% in the next year. (See KDMN stock analysis on TipRanks)K12, Inc. (LRN)Next on our list of Griffin picks is K12, a company in the education management organization niche – or in other words, a provider of school curricula and educational resources designed for online learnings as an alternative to traditional brick-and-mortar school systems. K12 was founded in 2000, but has come into its own during the corona crisis of 2020, when social lockdown policies shunted students toward homeschool and online venues.The numbers show it, as far as they can. K12 reported Q3 (FY Q1) revenue of $371 million, up 37% from the prior quarter and an even more impressive 44.3% year-over-year. The company’s general education business accounted for $313.8 million of that total, and was up 34.4% year-over-year. EPS jumped 150% sequentially, from 12 cents in Q2 to 30 cents in Q3.Clearly, Griffin understood K12’s potential in the current environment, as he purchased 447,703 shares of LRN during the third quarter. Griffin now owns over 496,000 shares of the company, and this holding is worth almost $11.9 million.Taking a bullish stance on this stock is analyst Alexander Paris, of Barrington. Paris writes, “Management is cautiously optimistic it can grow as it focuses on student retention (which has consistently improved over the last several years) and its career learning initiatives… investors have been drawn to its robust distance learning model and see potential upside from COVID-19 driving demand for its services over the intermediate to longer term.”In line with these comments, Paris rates the stock an Outperform (i.e. Buy). His price target of $60 shows his confidence in a 150% upside for the coming year. (To watch Paris’ track record, click here)Once again, this is a stock with a unanimous Strong Buy consensus rating, supported by 4 recent analyst reviews. The shares have an average price target of $49.33, suggesting a 106% upside from the trading price of $24. (See K12 stock analysis on TipRanks)Overstock (OSTK)Overstock is an online retailer that got its start in the wake of the dot.com bubble twenty years ago; ironically, it started as an e-commerce company selling off the inventory assets of failed e-commerce companies. Today, Overstock is still involved in the closeout segment, but also sells new goods in the bedding, furniture, and home décor niches. In the most recent quarter, Overstock beat the estimates on earnings and revenues. EPS was expected at a 22-cent loss, but came in at a profit of 50 cents. On the top line, revenue grew 110% year-over-year to reach $731.7 million. Obviously, Overstock has benefitted from the corona pandemic pushing more retail online, and OSTK shares have benefitted, too. The stock is up an astronomical 707% year-to-date, even after slipping significantly from its late-August peak value.A discount retailer with a strong online presence is a clear opportunity in the current climate, and Griffin took advantage of it. His new position is OSTK totals 110.281 shares, currently valued at $6.3 million. Writing for Piper Sandler, 5-star analyst Peter Keith notes, “[T]rends in Q4 “remain strong”, suggesting to us that continuing
100% growth in the qtr is quite possible. New customer growth was +141% y/y, and OSTK saw sequential improvement in its new customer repeat purchase rate.”The analyst concluded, “Valuation at 12h ago
Graco (GGG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.