Luce Emerson is a former sell-side banker with a broad range of capital markets experience. She continues to follow markets closely, with a particular focus on retail, financials and entertainment.
Overall, in the battle for the the digital wallet, SQ stock and PYPL stock look like buys here. Banks inherently aren't as nimble as tech companies. SQ and PYPL have edge in designing user interfaces and smaller but more loyal customer bases. While the mere fact of startups encroaching on bank payments is not enough to warrant a sell on big bank stocks, it's not a favorable trend.
After a strong first quarter and with M&A activity on the rise, CGC stock could break out in the second half of the year. Here's what to expect from Canopy Growth.