FitBit (FIT) is breaking out to a record high today after an analyst initiated coverage with a $45 price target. FIT stock will hit resistance between $43-$45 but be careful chasing it above that because the stock has rallied $10 in just a few days. Fitbit (FIT) will have support down around $38 going forward. We will be watching FIT in the stock picks group.
If you are looking for more hot stocks, check out my 2015 Stock Gainers and 2015 Penny Stock Gainers.