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Showing posts with label top stock picks 2020. Show all posts
Showing posts with label top stock picks 2020. Show all posts

Monday, November 18, 2019

Top Stock Picks 2020

Top Stock Picks 2020 - I've updated my Top Stock Picks for 2020.  As we get close to 2020 and we are past Q3 earnings, I now have more clarity of the stocks to buy in 2020.

Dropping off the list is Papa Johns (PZZA) stock.  As most of you know, I was buying PZZA in the low to mid $40's but recently shares surged over $60.  There was a huge initial pop above $50 and I took profits and rolled them into Kraft-Heinz (KHC) which also surged 33%.  After a sold KHC, I started buying Shake Shack (SHAK) due to the 40% drop.

Shake Shack (SHAK) is now one of my Top Stock Picks for 2020 because I believe the market overreacted and this $62 stock can rally back up to $100 at some point in 2020. 

Bitcoin is going through a sideways phase and the next bull run will begin in Q1 2020.  Grayscale Bitcoin Trust (GBTC) should rally from $8-$10 to $15-$20 at some point in 2020.

Small Cap Stock have underperformed this year which is why I remain very bullish on Small Caps Bull 3x (TNA).  TNA will eventually see $100 a share at which point I will likely take profits.  Dips below $55 remain a strong buy.
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