Stocks to Buy based on the Best Stock Market Research
Stocks to Buy 6/16/17 June 16, 2017 - @stockstobuy - Twitter
Below is a list of stocks to watch on Friday. These stocks are active and have the potential to break out this week.
Intrexon (XON) - Intrexon (XON) dropped into the $21's recently which caused me to start a position. XON has been mentioned as the stock of the decade by early AMZN investor Bill Miller. XON is a strong buy below $20 and that is what I plan to do.
Apple (AAPL) - Apple (AAPL) is now seeing a large correction as predicted. AAPL remains a strong sell right now because shares are still grossly overvalued based on historical metrics.
IBM (IBM) - IBM is forming a base around $150 and is looking good for the long term right now. This is a cheapest value tech stock for the money right now.
Tesla (TSLA) - Tesla (TSLA) tanked last week but is now on fire again. Tesla (TSLA) is a strong buy below $250 if we ever see another major correction.
Small Cap Bull 3x (TNA) - TNA continues to trade in this $50-$58 range. TNA is a strong buy below $43 over the next three months.
Shake Shack (SHAK) - Shake Shack (SHAK) has rallied 30% since earnings and is trading near the recent high. The company reported strong earnings and sandbagged Q2 guidance last quarter. Expect a big beat in two months.
Chipotle (CMG) - Chipotle (CMG) hit a 52 week high recently but is now pulling back. CMG is now a buy on all major pullbacks and should see $510-$560 over the next 3-6 months.
China 3x Bull ETF (YINN) - YINN is pulling back with the stock market after a large run. YINN is a strong buy below $17 if we ever see another big drop. Resistance will be located up around $23.
Stocks to Watch - 6/16/17
Skyline Medical (SKLN)
Interpace Diagnostics (IDXG)
Ekso Bionics (EKSO)
Castle Brands (CPHI)
Lakeland Industries (LAKE)
HTG Molecular (HTGM)
Avid Tech (AVID)