WD #225: Buying Neogen & First American Financial, and Checking In on Pot Stocks

FAF is a safe place to ride out the housing bust, NEOG's 75% decline is far overblown.

Summary

• Cannabis stocks pop and then drop on Biden executive order. What's going on and is there an investment angle? Also, the impact on liquor companies.

• The case for Neogen: This high-quality food and animal health company is down a stunning 75% this year.

• A good chunk of that decline was fully warranted, but the last month of selling is due to confusio…