Hemp vs Wheaton Precious Metals Which Performs Better?

Hemp and Wheaton Precious Metals stocks are two very different investment options with unique characteristics. Hemp stocks represent a growing industry in the cannabis sector, with potential for significant growth as more countries legalize cannabis. Wheaton Precious Metals, on the other hand, is a leading company in the precious metals sector, offering stability and reliability in times of economic uncertainty. Both stocks have their own advantages and risks, making them interesting options for investors looking to diversify their portfolios.

Hemp or Wheaton Precious Metals?

When comparing Hemp and Wheaton Precious Metals, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Hemp and Wheaton Precious Metals.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Hemp has a dividend yield of -%, while Wheaton Precious Metals has a dividend yield of 1.01%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Hemp reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Wheaton Precious Metals reports a 5-year dividend growth of 10.76% year and a payout ratio of 47.82%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Hemp P/E ratio at 0.00 and Wheaton Precious Metals's P/E ratio at 48.40. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Hemp P/B ratio is 0.00 while Wheaton Precious Metals's P/B ratio is 3.86.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Hemp has seen a 5-year revenue growth of 0.00%, while Wheaton Precious Metals's is 0.28%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Hemp's ROE at 0.00% and Wheaton Precious Metals's ROE at 8.15%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $0.00 for Hemp and $60.30 for Wheaton Precious Metals. Over the past year, Hemp's prices ranged from $0.00 to $0.00, with a yearly change of 1900.00%. Wheaton Precious Metals's prices fluctuated between $38.57 and $68.64, with a yearly change of 77.96%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.