Below is a list of stocks to buy on Monday. These stocks were active last week and have the potential to break out this week.
Advanced Micro Devices (AMD) - I currently own this stock in the stock picks group so I won't be saying to much here. Watch your support and resistance levels.
Advanced Micro Devices (AMD) has support at $1.81 and resistance located at $2.05 & $2.10. AMD has potential to break out going forward.
Apple (AAPL) - Apple (AAPL) continues to trade on the cheap due to the fiscal cliff fears. However, investors are buying back into the stock as we got word last week that Washington might be able to reach some kind of deal by the end of the year. Apple (AAPL) is a strong buy below $530. Support is located at $554, resistance is located at $575. I own Apple (AAPL) in my trading account and long term account.
Chipotle Mexican Grill (CMG) - Chipotle Mexican Grill (CMG) is my top restaurant stock pick for 2013. The stock was $443 in early 2012, dropped to $233, and is now trading at $275. The company will expand it's ShopHouse from one restaurant to three. This is the growth area for the futures and CMG is a great buy for both the short and long term.
Research in Motion (RIMM) - Shares of Research in Motion (RIMM) continue to surge pre Blackberry 10 release. The stock will have resistance up at $12 this week.
By Tim - http://stockstobuy.org
Stocks to Buy 2013