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Friday, January 8, 2016

Stocks to Buy 2016

Below is a list of stocks to buy in 2016.  With the stock market tanking, we are seeing some good stocks to buy out there and if you take action now, you will see a solid return by Christmas 2016.  Remember, Volatility = Opportunity.  With this volatility index approaching 30, we are overdue for a big snap back rally.  For more trading ideas, check out my Stock Picks Group.

Direxion Daily Small Cap Bull 3X ETF (TNA) ($53) - TNA is basically a 3x bull ETF of the Russell 2000 index.  TNA is a strong buy in the $50's and can easily see $70-$75 again in 2016.

Apple (AAPL) ($97) - With my #2 stock to buy in 2016, take a look at Apple (AAPL).  AAPL was just $120 a few months ago but fell off a cliff.  With over $200 billion in the bank and a large buyback, Apple is a strong buy below $100.  We could easily see $117-$125 by the end of 2016.

ProShares UltraPro Dow30 (UDOW) ($56) - UDOW is a 3x Dow Jones ETF.  I'm looking for a nice rally into year end so I expect UDOW to reach $65-$70.

Twitter (TWTR) ($20.50) - Wall St hates TWTR but I love it near $20.  I feel that the company will finally deliver solid earnings in 2016 so TWTR below $22 is a down right steal.

Direxion Daily S&P500 Bull 3X ETF (SPXL) ($72) - SPXL below $75, are you kidding me?  A 2016 Santa Claus rally will take this bull ETF back to $90 in a heartbeat.  If you are bullish on the S&P 500 long term, SPXL is a stock to buy in 2016.

Check out my list of Biggest Stock Gainers 2016 and Biggest Penny Stock Gainers 2016.