Below is a list of stock to buy in May 2014. These stock picks are ones I will personally buy if we see a pullback. Shares of these companies should outperform in 2014 and beyond. As always, if you are looking to trade stocks and find trading ideas, join my stock picks group. Also check out the Biggest Stocks Gainers 2014 - Penny Stock Gainers 2014.
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Twitter (TWTR) - Twitter (TWTR) is my top stock to buy in May 2014. Shares are under pressure because of this pending lock up expiration but the company has consistently beat earnings expectations. I will continue buying TWTR for the remainder of 2014. I see about $10 downside, $100 upside in 2-4 years.
Noodles & Company (NDLS) - Noodles & Company (NDLS) recently reported earnings which missed expectations due to the bad weather this winter. The stock dropped into the $32's but bounced back. NDLS is a buy between $30-$33 in May.
Yelp (YELP) - YELP hit $66 after earnings but is back below $60. Buy YELP between $52-$55 if we see another pullback, sell into the first bounce and take profits.
Direxion Daily Small Cap Bull 3X Shares (TNA) - TNA is an ETF I like to trade during volatile times in the stock market. Support is located at $63.09 and $61.40. If TNA would break those two levels this month, buy between $55-$58.
There you have it, 4 stock picks for May 2014. If you need help finding more trading ideas, sign up at my stock forum and join the stock picks group. You can also check out my - Stock Trading Guide - Investing Guide
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