5 Stocks Heading ‘Higher’ on Legalized Marijuana

Companies catering to the stoner lifestyle could win out

      View All  

Urban Outfitters

Those discovering (or upping) their marijuana use after the new referendum might want to look the part, too.

Step one: Get an artsy tapestry for your pad — maybe with a bright variety of colors or with Ganesh on it. Urban Outfitters (NASDAQ:URBN) is the place to go for this — and for cool, hipster apparel that will complete the persona of newly discovered weed-lovers.

More options: Buckle (NYSE:BKE) — while best-known for its jeans — could get a boost, as it carries a few drug rugs along with edgy brands like Obey. Pacific Sunwear (NASDAQ:PSUN) and Billabong (PINK:BLLAY) also fit the bill.


Article printed from InvestorPlace Media, http://investorplace.com/2012/11/5-stocks-heading-higher-on-legalized-marijuana/.

©2016 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.