Stocks to Buy 12/1/20 December 1, 2020

December 1, 2020 - The stock market has rallied to new record highs recently.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high-quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Grayscale Bitcoin Trust (GBTC) - Bitcoin surged up near 19,800 and almost hit my 2020 price target of 20K.  GBTC rallied into the $23's but then pulled back a bit.  Bitcoin might trade sideways for a few months but I'm super bullish into 2021.  I could see the Cryptocurrency hitting 40-50K by December 2021.

Tesla (TSLA) - Tesla (TSLA) continues to soar and hit a record high on Monday.  Tesla remains my top long-term pick and the company is just scratching the surface of what is possible.  I currently hold TSLA at $124 and I will not be selling for at least 5-10 years.

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied from $17-$29 in the past month and is getting close to flying real passengers.  I love this stock long term and I'm expecting more big news in Q1 2021.  SPCE is a strong buy below $20 for the long term.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  BYND will be a huge comeback story in 2021 and should resume the rise to $200-$250.

Vroom (VRM) - My highest potential stock pick right now is Vroom (VRM).  The trend shift to purchasing a car online and having it delivered to your door is very real.  Vroom should be trading at $60 right now but instead, it trades at $36.  2021 will be huge for this company and I could see the stock increasing by 50-100%.

Other stocks to buy and hold for the long term - BigCommerce (BIGC), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Check out my Top Stocks 2021

Stocks to Buy 11/30/20 November 30, 2020

November 30, 2020 - The stock market has been under some selling pressure lately.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high-quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Grayscale Bitcoin Trust (GBTC) - Bitcoin surged up near 19,500 and almost hit my 2020 price target of 20K.  GBTC rallied into the $24's but then pulled back to the $17's after an overdue correction.  Bitcoin might trade sideways for a few months but I'm super bullish into 2021.  I could see the Cryptocurrency hitting 40-50K by December 2021.

Tesla (TSLA) - Tesla (TSLA) continues to soar and hit a record high on Friday.  Tesla remains my top long term pick and the company is just scratching the surface of what is possible.  I currently hold TSLA at $124 and I will not be selling for at least 5-10 years.

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied from $17-$27 in the past month and is getting close to flying real passengers.  I love this stock long term and I'm expecting more big news in Q1 2021.  SPCE is a strong buy below $20 for the long term.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  BYND will be a huge comeback story in 2021 and should resume the rise to $200-$250.

Vroom (VRM) - My highest potential stock pick right now is Vroom (VRM).  The trend shift to purchasing a car online and having it delivered to your door is very real.  Vroom should be trading at $60 right now but instead, it trades at $37.  2021 will be huge for this company and I could see the stock increasing by 50-100%.

Other stocks to buy and hold for the long term - BigCommerce (BIGC), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Check out my Top Stocks 2021

Stocks to Buy - August 2020

Its time to do an update on the hot stocks I'm watching and the stocks I own into August 2020.  August is an average month for the stock market, normally up 0.60%.  Dating back to 1928, September is the worst month for the S&P 500.  The S&P has an average decline of 1% in September so keep that in mind as you're investing/trading.

#1 - Eastman Kodak (KODK) - KODK rallied from $4-$60 in the last few sessions on titanic volume.  Today alone, KODK was halted 20 times due to the volatility in the stock.  I don't believe Kodak is worth anything north of $15 but when you have high demand and low supply due to positive news, you can easily see this type of move.  KODK is likely done for now but I will be watching resistance between $41-$42 as well as between $47-$48, both levels failed Wednesday afternoon.  On the downside, if $19-$22 is retested, you could easily see a large bounce.

#2 - Kandi Technologies Group, Inc. (KNDI) - KNDI is the new hot stock after the company released news just hours before the close.  Shares are gapping higher in after market trading, up another 40%.  KNDI will have resistance around $14, $14.90, and then a large area between $16-$18 and then the record high is up at $22.53.

#3 - Grayscale Bitcoin Trust (GBTC) - GBTC, a stock I own, tracks Bitcoin and is up 51% in 2020.  Bitcoin broke through a downtrend and is now facing some minor resistance between 11,000-12,000.  After consolidating for two days, Bitcoin is trying to resume the uptrend into next week.  The key level to watch on Bitcoin is 14,000 and $17.40 on GBTC.  This is my 3rd largest position, below TSLA and BYND.

#4 - Tesla (TSLA) - I recently sold 1/3 of my TSLA at $1,635, paid the taxes, and now I'm hoping to reload in the mid $1,300's.  Battery day is on September 22nd so I only have a very narrow window to get back in.  Otherwise, Tesla stock is likely heading for $2,000 into 2021 and its my largest portfolio position.

#5 - Beyond Meat (BYND) - Beyond Meat (BYND) reports earnings Tuesday, August 4th.  The stock is currently forming a base between $120-$126 heading into the numbers.  The 200 day moving average is down around $104 so if something were to go wrong, this is likely the area of big support.  I have a feeling Beyond Meat will report a surprise profit which could easily send shares back into the $140's.  This one is difficult to predict but I love BYND long term and its my 2nd largest position, only below Tesla.

#6 - Virgin Galactic (SPCE) - SPCE rallied from $15-$27 in one month but is now seeing a correction.  The interior cabin was nice and all but we want to hear that they are done with test flights, have all of their certifications, and are ready to take Sir Richard Branson on the first flight.  I strongly believe that this stock will rip in 2021 and the only risk is another plane explosion.  The potential long term gain is worth the headline risk which could sink the stock 50% in one day.

#7 - Nikola (NKLA) - I started buying Nikola (NKLA) stock last week and have an order to buy more shares at $28.  I'm still expecting some selling pressure due to the insider lock up of shares and warrants.  My NKLA price target for 2021 is $42 per share and I will take a fresh look at the company and stock when it gets there.  While I'm still on the fence on Nikola long term, I see a rebound once this wave of selling ends.

#8 - Hyliion (SHLL > HYLN) - No new news to report since we are still about two months away from the IPO.  There should be strong support between $17-$19 and it will be interesting to see what happens after the public offering.  Based on the technology, I feel like this stock is a bargain right now.

#9 - Vital Farms (VITL) & Li Auto (LI) - These IPO's will begin trading on Friday.  I will likely buy VITL right when it opens and I may even hold half for a few days.  I'm undecided on LI but may buy right when it opens.   Both should see volatility for sure!

#10 - BigCommerce (BIGC) - BIGC competes with Shopify (SHOP), a company that reported blow-out earnings today.  BIGC will go public next week and likely see some nice upside on IPO day.  I plan to buy BIGC right when it opens and may hold half for a few days.

Stocks to Buy 7/29/20 July 29, 2020

July 29, 2020 - The stock market has been under some selling pressure lately.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Grayscale Bitcoin Trust (GBTC) - GBTC rallied back into the $13's Tuesday after Bitcoin soared above 11,000.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Tesla (TSLA) - Tesla (TSLA) continues to bounce of the recent low.  Tesla (TSLA) is a strong buy on all pullbacks below $1400.

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied from $15-$27 in the past month but is now seeing a correction.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy below $18 for the long term.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings next week.

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I like the technology this company has and I plan to actively trade the HYLN IPO.

Nikola (NKLA) - I've been super bearish on Nikola (NKLA) above $40 but now shares have crashed into the $20's and $30's.  I began buying over the last two sessions and will buy again near $28.  We saw a really nice bounce back to $35 on Monday.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Vital Farms (VITL) - https://daytradingstockblog.blogspot.com/2020/07/vital-farms-vitl-stock-ipo-date-opens.html

Check out my Top Stocks 2021

Stocks to Buy 7/28/20 July 28, 2020

July 28, 2020 - The stock market is dropping as we see heavy selling in technology.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Grayscale Bitcoin Trust (GBTC) - GBTC rallied back into the $12's Monday after Bitcoin soared into the end of the day.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Tesla (TSLA) - Tesla (TSLA) spiked higher by 9% on Monday.  Tesla (TSLA) is a strong buy on all pullbacks below $1400.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied from $15-$27 in the past month but is now seeing a correction.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy below $18 for the long term.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in two weeks.   More on BYND.....

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I like the technology this company has and I plan to actively trade the HYLN IPO.

Nikola (NKLA) - I've been super bearish on Nikola (NKLA) above $40 but now shares have crashed into the $20's and $30's.  I began buying over the last two sessions and will buy again near $25.  We saw a really nice bounce back to $35 on Monday.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Vital Farms (VITL) - https://daytradingstockblog.blogspot.com/2020/07/vital-farms-vitl-stock-ipo-date-opens.html

Check out my Top Stocks 2021

Nikola (NKLA) Price Target 2021

Nikola (NKLA) stock continued its decline on Friday--down another 11.84% to $29.92--and is now trading at a record low since converting from ticker symbol VTIQ to NKLA.  While Nikola (NKLA) stock is crashing right now, four Wall St. analysts have an average 12 month price target of $56 per share.  Let's take a look!

Cowen - Cowen & Co has a Buy Rating on Nikola (NKLA) stock with a $79 price target.  The analyst views Nikola as more than just a truck company and likes the fact that Nikola is outsourcing some components to established manufacturers.  This should reduce risk.

Deutsche Bank - Deutsche Bank has a Hold Rating on Nikola (NKLA) stock with a $54 price target.  The analyst indicated the potential for large technical selling (which we are currently seeing) due to investors exercising warrants and the registration of stock.  Once the price stabilizes, this could potentially create an attractive entry point for investors.

RBC Capital - RBC Capital has a Hold Rating on Nikola (NKLA) stock with a $46 price target.  While the analyst cited Nikola's execution risk, they do admit the company is in a unique position with a large addressable market.

JPMorgan - JPMorgan has an overweight rating with a $45 Price Target.  This overweight rating was a upgrade from neutral.  The analyst sees a lot of reasons to be bullish over the next 12 months including the possibility for timelines to be moved up.  

Stocks to Buy - My Nikola (NKLA) 2021 price target is $42.  With the stock currently trading at $30, this represents a gain of 40% on your investment.  NKLA stock was just trading at $42 a week ago and while we might see downside to as low as $25, NKLA is due for a large oversold bounce.

Check out my current Stocks to Buy and sign up for news alerts via email.

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Years ago I used to run a stock market forum at stockstobuy.org and recently I decided to recreate the website into more of a research and alert website.  I now have a news section which I plan to post stock market analysis, stock market alerts, and stock alerts.

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Aside from my news feed, I have a page on Tesla (TSLA), Beyond Meat (BYND), IPO Calendar, and Stocks to Buy.  I will be adding more pages in the future.

Stocks to Buy 7/27/20 July 27, 2020

July 27, 2020 - The stock market is dropping as we see heavy selling in technology.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Grayscale Bitcoin Trust (GBTC) - GBTC rallied back into the $10's last week as Bitcoin rebounds.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Tesla (TSLA) - Tesla (TSLA) dropped into the $1300's on Friday as technology stocks sell off.  I sold 1/3 of my position at $1.635 and now I'm planning to buy those back in the $1300's.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied from $15-$27 in the past month but is now seeing a correction.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy below $18 for the long term.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in two weeks.   More on BYND.....

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I like the technology this company has and I plan to actively trade the HYLN IPO.

Nikola (NKLA) - I've been super bearish on Nikola (NKLA) above $40 but now shares have crashed into the $20's and $30's.  I began buying over the last two sessions and will buy again near $25.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Stocks to Buy 7/24/20 July 24, 2020

July 24, 2020 - The stock market has been trending up again as earnings reports begin to roll in.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Grayscale Bitcoin Trust (GBTC) - GBTC rallied back into the $10's this week.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) continues to explode after the company hired a new CEO from Disney.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy below $18 for the long term.

Tesla (TSLA) - Tesla (TSLA) failed near $1700 again and is looking toppy.  I sold 1/3 of my position and if we see a big correction, I plan to buy back between $1200-$1300.  More on TSLA....

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in two weeks.   More on BYND.....

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Stocks to Buy 7/22/20 July 22, 2020

July 22, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) continues to explode after the company hired a new CEO from Disney.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy below $18 for the long term.

Tesla (TSLA) - Tesla (TSLA) reports earnings Wednesday and options are expecting a 14% move.  Analyst Wedbush believes Tesla is a lock to be added to the S&P 500 so this is a major postive.  I sold 1/3 of my position and if we see a big correction, I plan to buy back in the $1200's or purchase other stocks.  More on TSLA....

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in three weeks.   More on BYND.....

Fisker (SPAQ) - I added shares of Fisker (SPAQ) in the $13's on Friday.  I plan to hold these shares into the IPO later this year.

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Stocks to Buy 7/21/20 July 21, 2020

July 21, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Tesla (TSLA) - Tesla (TSLA) soared above $1600 ahead of earnings Wednesday.  Analyst Wedbush believes Tesla is a lock to be added to the S&P 500 so this is a major postive.  I sold 1/3 of my position and if we see a big correction, I plan to buy back in the $1100's or purchase other stocks.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) continues to explode after the company hired a new CEO from Disney.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy below $17 for the long term.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in three weeks.   More on BYND.....

Fisker (SPAQ) - I added shares of Fisker (SPAQ) in the $13's on Friday.  I plan to hold these shares into the IPO later this year.

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Stocks to Buy 7/20/20 July 20, 2020

July 20, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) continues to explode after the company hired a new CEO from Disney.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy below $17 for the long term.

Fisker (SPAQ) - I added shares of Fisker (SPAQ) in the $13's on Friday.  I plan to hold these shares into the IPO later this year.

Tesla (TSLA) - Tesla (TSLA) continues to trade around $1500 ahead of earnings on Tuesday.  I sold 1/3 of my position this week at $1635 and took most of my principal investment out of the stock.  I plan to buy back in the $1100's or purchase other stocks.  More on TSLA....

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in three weeks.   More on BYND.....

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Stocks to Buy 7/17/20 July 17, 2020

July 17, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) continues to explode after the company hired a new CEO from Disney.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy below $17 for the long term.

Tesla (TSLA) - Tesla (TSLA) dropped into the mid $1400's on Thursday but then rallied again.  I sold 1/3 of my position this week at $1635 and took most of my principal investment out of the stock.  I plan to buy back in the $1100's or purchase other stocks.  More on TSLA....

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in three weeks.   More on BYND.....

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Stocks to Buy 7/16/20 July 16, 2020

July 16, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Tesla (TSLA) - Tesla (TSLA) dropped into the mid $14's on Wednesday but then reversed $100.  I sold 1/3 of my position this week at $1635 and took most of my principal investment out of the stock.  I plan to buy back in the $1100's or purchase other stocks.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) rallied back into the $19's Wednesday night after the company hired a new CEO from Disney.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy in the $15's for the long term.

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in three weeks.   More on BYND.....

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Stocks to Buy 7/15/20 July 15, 2020

July 15, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

nCino (NCNO) - nCino (NCNO) was the red hot IPO that opened for trading on Tuesday.  Shares opened in the $71's and then closed in the $91's.  Watch for more upside tomorrow with the stock market gapping higher on the positive Moderna (MRNA) data.

Tesla (TSLA) - Tesla (TSLA) saw a huge price target increase today but the stock is still digesting the massive move recently.  I sold 1/3 of my position yesterday and took most of my principal investment out of the stock.  I plan to buy back in the $1100's or purchase other stocks.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) came close to $21 Monday but then sold off into the close.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy in the $15's for the long term.

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in three weeks.   More on BYND.....

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Next Hot IPO:  Li Auto (LI) - https://daytradingstockblog.blogspot.com/2020/07/li-auto-li-stock-ipo-chinese-ev.html

Check out my Top Stocks 2021

Stocks to Buy 7/14/20 July 14, 2020

July 14, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Tesla (TSLA) - Tesla (TSLA) exploded exploded to $1795 Monday morning but then crashed into the close.  I sold 1/3 of my position in pre market and took most of my principal investment out of the stock.  I plan to buy back in the $1100's or purchase other stocks.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) came close to $21 Monday but then sold off into the close.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy in the $15's for the long term.

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  My 2020 was met a month ago and now I'm buying back near $125.  All eyes will be on earnings in three weeks.   More on BYND.....

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

nCino (NCNO) - nCino (NCNO) IPO priced at $31 and will open for trading tomorrow after 11am EST - https://daytradingstockblog.blogspot.com/2020/07/ncino-ncno-stock-ipo-cloud-software-for.html

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Square (SQ), Netflix (NFLX).

Check out my Top Stocks 2021

Stocks to Buy 7/13/20 July 13, 2020

July 13, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Tesla (TSLA) - Tesla (TSLA) exploded into the $1,500's on Friday after it managed to break through its old record high.  Tesla is rising due to the following news:

• Record Q2 Deliveries 
• Earnings Estimates are too low
• Fully autonomous technology is closer than people think
• Bearish analyst Goldman Sachs put a floor on the stock with a $1,300 price target
• Tesla could be added to the S&P 500 with a profit
• $20 billion worth of stock is sold short; shares a scare due to long term holders
• Tesla (TSLA) is the next Apple (AAPL) and Amazon (AMZN) 5-10 years from now

While the price is high, shares are scarce and many of the talking heads who missed this story have been bearish since $500.  Tesla (TSLA) should be included in the S&P 500 soon and I'm expecting shares to hit $1800 at some point in 2021.  While this price target now looks too low, I may have to revise later this year based on different events.  More on TSLA....

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) exploded up to $20 but then sold off back to $19.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to Space.  SPCE is a strong buy in the $15's for the long term.

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Beyond Meat (BYND) - Beyond Meat (BYND) has been dropping lately as traders move to other stocks and analysts doubt this company again.  While my $150 price target has been met, I will be looking to add more stock on a drop below $130.  All eyes will be on earnings in three weeks.   More on BYND.....

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

nCino (NCNO) - nCino (NCNO) will likely be the next big IPO in the stock market.  Expected to open for trading next week - https://daytradingstockblog.blogspot.com/2020/07/ncino-ncno-stock-ipo-cloud-software-for.html

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Disney (DIS), Netflix (NFLX).

Check out my Top Stocks 2021

Buy SPCE Stock? Virgin Galactic is red hot!

July 10, 2020 - Should I buy Virgin Galactic (SPCE) stock?  Virgin Galactic (SPCE) stock is red hot right now and shares appear to be breaking out of a four month trading range.  As I write this blog post, SPCE stock is trading at $19.80, up from the $15's last week

I've been trading Virgin Galactic (SPCE) stock a lot in 2020 but recently decided to stop and hold my shares purchased in the $15's for the long term.  The news continues to improve and this is the only publicly traded pure-play Space stock.

I love they have a NASA deal and will begin flying people to Space but I believe the larger opportunity is to fly people from continent to continent in just a few hours.  This is 3-5 years away but would be a massive opportunity for business travelers.

Long story short, I continue to recommend Virgin Galactic (SPCE) stock as a strong buy below $16 for the long term.

Stocks to Buy 7/10/20 July 10, 2020

July 10, 2020 - The stock market has been trending up again as we get ready for earnings season.  Below are some amazing stocks to buy if you are looking to put money to work or looking to switch into high quality growth stocks.

Follow Me on Twitter - @StocksToBuy

Virgin Galactic (SPCE) - Virgin Galactic (SPCE) exploded into the $19's before the stock market tanked Thursday which led to a pullback.  I love this stock long term and I'm expecting more big news later this fall as the company gets ready to send passengers to sub-orbit.  SPCE is a strong buy in the $15's for the long term.

Tesla (TSLA) - Tesla (TSLA) continues to hover around $1,400 as Wall St price targets continue to be upgraded.  Tesla stock has exploded in recent weeks and the rally has been warranted based on the results from last Thursday.  Tesla (TSLA) should be included in the S&P 500 soon and I'm expecting shares to hit $1800 at some point in 2021.  More on TSLA....

Hyliion (SHLL) - Hyliion (SHLL) will IPO and begin trading under the ticker symbol HYLN in about two months.  I purchased this stock around $18 recently as I view shares very cheap compared to Nikola (NKLA) which has no sales.  I sold a little bit in the $30's and started buying those back to hold into the HYLN IPO.

Beyond Meat (BYND) - Beyond Meat (BYND) is now trading around $140 after a big rally last week.  While my $150 price target has been met, I will be looking to add more stock on a drop below $130.  All eyes will be on earnings in four weeks.   More on BYND.....

Grayscale Bitcoin Trust (GBTC) - GBTC is forming a base after the Bitcoin halving event cut the new supply in half.  I'm bullish on Bitcoin and GBTC for the rest of 2020.  GBTC remains a strong buy on all major pullbacks.

nCino (NCNO) - nCino (NCNO) will likely be the next big IPO in the stock market.  Expected to open for trading next week - https://daytradingstockblog.blogspot.com/2020/07/ncino-ncno-stock-ipo-cloud-software-for.html

Other stocks to buy and hold for the long term - Shake Shack (SHAK), Amazon (AMZN), Chipotle (CMG), Starbucks (SBUX), Apple (AAPL), Disney (DIS), Netflix (NFLX).

Check out my Top Stocks 2021

Stocks to Buy 2020 (TSLA, BYND, SPCE, GBTC, HYLN)

With earnings season about to heat up, I wanted to give a July 2020 update on the stocks I own and a few to watch. The first half of 2020 was volatile and gut-wrenching but my largest portfolio positions came back stronger than ever, passing critical stress tests during the process. The future looks bright for the companies below into 2021 and beyond.
Tesla (TSLA) - Tesla (TSLA) put the pedal to the metal and reported a blow out deliveries number on Thursday. With the Fremont plant shut down almost two moths, Tesla still managed to deliver 90,650 vehicles in Q2. Wedbush increased their bull case for the stock over the next 12 months to $2,000 per share.
While my $1,200 TSLA Price Target was met on Thursday, I feel confident that $1,800 will be met in 2021. In fact, I might even be way to conservative. Looking over the analyst estimates for 2020 and 2021, the numbers are way to low and they will need to go higher. This will either spark more upgrades or if numbers remain low, provide several blow out earnings reports going forward. Either way, Tesla stock is just getting started which is why we rarely see a lasting correction. All major pullbacks remain a strong buy for the rest of 2020 and I plan to add on any weakness.
Beyond Meat (BYND) - Beyond Meat (BYND) dropped all the way down to $48.18 in March and then rallied to $167.16 a few weeks ago. The company continues to expand internationally and China will be a huge growth driver for the company in 2021. My 2021 BYND price target of $200 might be to low but I'm sticking with it for now. I'm expecting the company to innovate on new products and there is still a good chance they land a Mcdonald's (MCD) deal. I will be aggressively buying all pullbacks below $130 for a trade while continuing to hold a core position for the long term. Analysts are expecting a Q2 loss of $0.02 per share so if Beyond Meat can deliver a profit, the stock will be off to the races again.
Virgin Galactic (SPCE) - Virgin Galactic (SPCE) continues to hit milestones ahead of taking guests to space. Vertical Research reiterated their $29 price target and I personally think SPCE can hit $23 in 2021. I will be making a research page on Virgin Galactic very soon. I continue to view pullbacks below $15 as a strong buy for both a trade and a long term investment.
Bitcoin (GBTC) - Nothing new to report on Bitcoin.....at some point we will see a break out and a huge price increase. Timing is very hard but I like GBTC below $9.
Hyliion (HYLN) - Hyliion (SHLL > HYLN) is a new addition to my portfolio as the company gears up to go public. When you compare Hyliion to the market cap of Nikola (NKLA) which has no sales, its clear the stock remains under priced. I plan to buy more SHLL in the coming weeks and hold into the IPO.
Slack (WORK) - I continue to watch Slack (WORK) and I view shares a strong buy below $30. This stock has been weak lately buy I'm expecting a short covering rally into earnings in two months.
Other Stocks to Watch in 2020 - Lemonade (LMND), Vroom (VRM), Shake Shake (SHAK), Burgerfi (OPES), Amazon (AMZN), Apple (AAPL)