Cannabis 2.0 Is Coming: Watch ACB Stock

In case you didn’t get the memo, what’s popularly known as “Cannabis 2.0” is coming to Canada on Oct. 17 as the nation finally legalizes cannabis-infused beverages, edibles, vapes, and similar products. Owners of Aurora Cannabis (NYSE:ACB) stock could potentially be sitting on a green-hued gold mine if the pot-stock sector explodes to the upside in the wake of this historic event.

ACB - Aurora Cannabis Inc. 1 month stock chart

Aurora has been granted a processing license from Health Canada (the nation’s regulatory agency) for a facility known as Aurora Air. This particular facility will produce edible products including chocolates and gummies, which are expected to go public in Canada as soon as December of this year.

I consider that to be a very forward-thinking move on Aurora’s part, as edibles don’t carry the stigma that vaping products do. The fact that Health Canada granted the Aurora Air license, moreover, is a sign that the nation’s regulators accept and embrace edibles as a publicly purveyed commodity; you can love ’em or hate ’em, but edibles are here to stay.

New York City’s Small Multifamily Market

New York City’s Small Multifamily Market Balanced Across Boroughs
  • Units in small and large multifamily properties made up 75% of New York City’s rental market.
  • Large apartment building units are concentrated in Manhattan, while the city’s boroughs had a more even distribution of small multifamily.
  • Townhomes were most concentrated in Brooklyn, while single-family rentals (SFRs) had meaningful market share in Queens

According to the latest U.S. Census Bureau data, Manhattan included 27% of all occupied rental units in the city. However, Brooklyn held the crown, accounting for 31%. Queens and the Bronx had similar shares at around 20% each, while Staten Island comprised less than 3%.

ABR – Arbor Realty Trust, Inc.

Arbor has once again increased its quarterly dividend, this time to $0.29, which represents its second boost this year. Arbor’s unique business model provides substantial competitive advantages that drive strong risk-adjusted returns.

We maintain a Buy on Arbor Realty with a 2020 year-end target price of $14.50 per share.With many REITs posting record highs, it has become more difficult to buy into the best ones.

Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.

V ~ Visa Inc.

Cash to plastic conversion remains strong, with approximately 0.65-0.9% annual rate supporting the secular growth story. Visa may have a near-term pricing advantage against its chief rival, Mastercard. More buyback authorization may be on the horizon.

Visa, Inc. (V) is a network that facilitates electronic fund transfers via branded credit, debit, and gift cards. On an annual basis, it processes more than 110 billion transactions, with the total payments volume exceeding $8 trillion. Visa has one of the world’s best-recognized brands, operating across nearly all countries around the world and commanding more than 60% of the global payments volume share together with its main rival, Mastercard (MA). In 2018, the company generated $20.6 billion in revenue, with its current market cap approaching $400 billion.

Intel’s Cascade Lake-X Chips

Intel Corporation (INTC)


Intel Corporation (INTC) has reportedly slashed the prices of its high-end desktop processors, code-named Cascade Lake-X. Intel has reduced the cost of its tenth-generation Core-X series by $1,000. The new i9 gaming chips will be available for just $979 in November.

The company had previously planned to launch them in October. The price of the new Core i9-10980XE is much cheaper than that of last year’s Core i9-9980XE processor, which was $1,990. The entry-level Core i9-10900X will be available for just $590, while the Intel Core i9-9900X will be $989.

Intel stock is underperforming the broader markets and its peers this year. Intel’s close rivals AMD, NVIDIA (NVDA), Micron (MU), and Qualcomm (QCOM) have returned around 53.4%, 29.9%, 32.3%, and 32.7%, respectively, this year. The S&P 500 has gained over 15%, while the VanEck Vectors Semiconductor ETF (SMH) has gained about 33.4% this year.

Overall, analysts favor a “hold” rating on Intel. Among the 42 analysts tracking the stock, 11 give it “buy” ratings, 22 give it “hold” ratings, and nine give it “sell” ratings. Currently, Intel analysts have placed an average 12-month target price of $53.13 on the stock. On October 2, the stock was trading at a discount of 7.0% to analysts’ 12-month target price of $53.13. Its median target price is $53.50 as of the same date.

2014 Lea Sta. Rita Hills Pinot Noir

This wine is a blend of Pinot Noir sourced from three vineyards within the Sta. Rita Hills appellation, an area known to have ideal growing conditions for Pinot. The grapes come from the Turner Vineyard, Mormann Vineyard, and Buona Terra Vineyard, and each brings its own signature to the blend.

Buona Terra contributes red fruits and fresh acidity while the Turner delivers darker, stone fruit notes and a streak of exotic spice and pepper. Mormann rounds out the blend with a silky texture, long finish and juicy red raspberry and pomegranate. This wine is very food friendly and pairs well with everything from delicate shellfish dishes to grilled steak. Drink this wine now or age it up to six years.

Of the world’s top growing regions for Chardonnay & Pinot Noir, Santa Maria and Santa Rita Hills AVA’s have the longest growing season—from bud break to harvest an average of 200 days. The fog and wind from the Pacific moderate the climate year round.

Made by Jennifer Lea Tensley, these are first-rate Pinot Noirs (and a Chardonnay) that have singular, individual characters. They don’t skimp on fruit or texture, yet they also have plenty of earthy, savory characteristics to go with that core of sweet fruit that California provides.

Sell-side sticks with Micron as shares tumble

Needham raises its Micron (NASDAQ:MU) target from $50 to $60 after yesterday’s earnings report. Taking note of Micron’s downside gross margin guidance – attributable to the excess NAND inventory and related pricing – Needham nevertheless sees several upcoming catalysts for the memory cycle, including 5G and a normalized supply/demand.

More action: Piper Jaffray raises its MU target from $36 to $46, but notes concerns over NAND supplies and ASP pressure.More action: Rosenblatt jacks its price target to $80 from $60. Micron shares are down 9% to $44.17. The company has an Outperform average Sell Side rating.

Intel Vs. AMD: Losing The Battle But Winning The War

Due to its sheer size, Intel stock price is historically more sensitive to revenue growth than to market share. Intel has a good chance to win the CPU war if 3Q revenue is ready to ramp from a renewed corporate IT budget and the scheduled 10nm launch.

In contrast, due to its small market share, AMD’s stock price is more sensitive to market share changes than to revenue growth.AMD’s relative valuation will increase as it will win the battle of market share increase against Intel from its 7nm new product offerings. Relative to AMD, Intel is considerably undervalued, given the expected market share and revenue growth.

A-10 Warthog ~ Death From Above

I was at the Mira Mar San Diego Air Show and I saw this…Death from above. It shoot these shells out of the nose (see below) from a 30 mm hydraulically driven seven-barrel gatling style auto cannon. As many as 70 yes seventy of these a second..A plane designed around a 4000 pound 20 foot electrically controlled, hydraulic-driven seven barreled gatling machine autocannon. The shells it uses are depleted uranium armor-piercing shells at 4,200 rounds per minute. One second burst takes out a tank any armored vehicle ..

Ruffino NV Prosecco DOC

Ruffino Prosecco has been produced from grapes grown in the hilly area of Valdobbiadene, which is the most historically vocated region for the production of Prosecco.

Bright straw yellow with fine bubbles. The bouquet is fragrant and intensely fruity. It shows clean notes of apples, pears and citrus, accompanied by slight hints of hawthorn, wisteria and elder. Crisp, clean and delicate with fine bubble caressing. Intense sensations of apples and peaches drive a pleasant aftertaste, that is reminiscent of fruity and floral aromas.

Ideal as an aperitif; it is very versatile as a food companion. Ruffino Prosecco perfectly matches with pizza, fish and shellfish dishes as well as white meat dishes.

One of the world’s most popular and playful sparkling wines, Prosecco is a specialty of northeastern Italy, spanning nine provinces of the Veneto and Fruili-Venezia Giulia regions. A higher-quality version that must meet more stringent production requirements is known as Prosecco Superiore and must come from the more rugged terrain between the towns of Valdobiaddene and Conegliano.

Prosecco can be produced as a still wine, a semi-sparkling wine (“frizzante”), or a fully sparkling wine (“spumante”)—the latter being the most common. While it is typically produced in a “brut” (dry) style, its fresh and fruity character makes it seem a bit sweeter than it actually is. “Extra brut” styles, incorporating higher levels of residual sugar, are quite popular, however.