Considering investing in vape stocks? While the best vape stocks depend on your portfolio and investment goals, we've identified some vape stocks that are worth keeping an eye on in the vaping sector. Keep reading to learn more about vape stocks and how to start investing.
5 popular vape stocks to watch
We round up a selection of stocks in or related to the vaping industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Qtrade |
|---|---|---|---|---|---|
| Turning Point Brands (TPB.US) | 90.07% | $2.3 billion (USD) | NYSE | 261,200 | |
| British American Tobacco p-l-c (BTI.US) | 52.22% | $128 billion (USD) | NYSE | 6,943,138 | |
| Cronos Group (CRON.US) | 32.11% | $1 billion (USD) | NASDAQ | 1,742,005 | |
| Canopy Growth (CGC.US) | -45.23% | $440.5 million (USD) | NASDAQ | 10,914,619 | |
| Altria Group (MO.US) | 18.69% | $105.8 billion (USD) | NYSE | 13,245,541 |
What to look for when investing in vape stock
The vaping industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering vape stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in vape stock
- Research the vaping industry. Before investing, learn about the vape stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the vape stock(s) to buy. Search by company name or ticker symbol, like TPB or BTI. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy vape stocks
Finder Reward
Get a $100 digital Visa gift card from Finder.T&Cs apply.
- Up to $4,600 in trading perks
- Low transaction fees
- Easy-to-use app
Are vape stocks a good investment?
While it's possible to turn a profit investing in vape stocks, keep in mind that—like any investment—vape stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the vaping industry, so carefully vet your picks before you invest.What are the best vape stocks?
A lot of factors go into picking the best vape stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong vape stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular vape stocks in or related to the vaping industry to help narrow down your options:
- Turning Point Brands (TPB)
- British American Tobacco p-l-c (BTI)
- Cronos Group (CRON)
- Canopy Growth (CGC)
- Altria Group (MO)
Keep in mind that this is not a "best" list or a recommendation. It highlights some vape stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each vape stock below. Keep reading to decide if any of these companies are the right investment for you.
Turning Point Brands (TPB)
Turning Point Brands, Inc. , together with its subsidiaries, manufactures, markets, and distributes branded consumer products in the United States and Canada. It operates through two segments, Zig-Zag Products and Stoker's Products.
| Closing stock price | $121.15 |
|---|---|
| Market Capitalization | $2.3 billion |
| Gross profit (TTM) | $249.1 million |
| Profit margin | 12.02% |
| Revenue (TTM) | $435.7 million |
| Earnings per share (TTM) | $3.24 |
| 52-week stock price range | $51.36 – $124.73 |
British American Tobacco p-l-c (BTI)
British American Tobacco p. l. c.
| Closing stock price | $60.34 |
|---|---|
| Market Capitalization | $128 billion |
| Gross profit (TTM) | $21.2 billion |
| Profit margin | 12.06% |
| Revenue (TTM) | $25.6 billion |
| Earnings per share (TTM) | $1.91 |
| 52-week stock price range | $35.08 – $60.38 |
Cronos Group (CRON)
Cronos Group Inc. , a cannabinoid company, engages in the cultivation, production, distribution, and marketing of cannabis products in Canada, Israel, and internationally. It offers dried flowers, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brand names.
| Closing stock price | $2.51 |
|---|---|
| Market Capitalization | $1 billion |
| Gross profit (TTM) | $51.3 million |
| Profit margin | 27.27% |
| Revenue (TTM) | $132.4 million |
| Earnings per share (TTM) | $0.11 |
| 52-week stock price range | $1.60 – $3.43 |
Canopy Growth (CGC)
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis, hemp, and cannabis-related products in Canada, Germany, and Australia. It operates through four segments: Canada Cannabis, International Markets Cannabis, and Storz & Bickel, and This Works. The company offers dried flower and pre-rolled joints; extracts and concentrates, such as softgel capsules; cannabis edibles, including gummies; cannabis vapes; and oils, beverages, concentrates.
| Closing stock price | $1.09 |
|---|---|
| Market Capitalization | $440.5 million |
| Gross profit (TTM) | $76.6 million |
| Profit margin | -138.49% |
| Revenue (TTM) | $278.6 million |
| Earnings per share (TTM) | -$1.94 |
| 52-week stock price range | $0.77 – $2.90 |
Altria Group (MO)
Altria Group, Inc. , through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and oral tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.
| Closing stock price | $61.99 |
|---|---|
| Market Capitalization | $105.8 billion |
| Gross profit (TTM) | $14.6 billion |
| Profit margin | 43.98% |
| Revenue (TTM) | $20.2 billion |
| Earnings per share (TTM) | $5.24 |
| 52-week stock price range | $46.73 – $66.30 |
Compare trading platforms to buy vape stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding vape stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of vape stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the vaping industry to know when to buy, sell or hold.Frequently asked questions about vape stocks
Sources
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond vape stocks, here are some others you can consider:More guides on Finder
-
10 of the best AI stocks to buy now
Looking to invest in AI stocks? Here are some of the best artificial intelligence stocks available, along with tips to better understand AI investments.
-
Best day trading platforms in Canada
Compare six brokerage platforms to find the best platform for day trading in Canada.
-
9 medical supplies stocks to watch
Want to invest in medical supplies companies? We’ve put together a list of medical supplies stocks you should keep your eye on.
-
8 nursing home stocks to watch
Want to invest in nursing home companies? We’ve put together a list of nursing home stocks you should keep your eye on.
-
7 luxury stocks to watch
Want to invest in luxury goods companies? We’ve put together a list of luxury goods stocks you should keep your eye on.
-
7 toilet paper stocks to watch
Want to invest in paper product companies? We’ve put together a list of toilet paper stocks you should keep your eye on.
-
8 homebuilding stocks to watch
Want to invest in private construction companies? We’ve put together a list of homebuilding stocks you should keep your eye on.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.
-
How to buy US stocks in Canada
Buying US stocks in Canada is easier than you think. Find out how to buy US stocks in 4 simple steps.
-
Investing in penny stocks in Canada
Your guide to the pros, cons, benefits and risks of investing in Canadian penny stocks.