Below is a list of stocks to buy on Thursday. These stocks are active and have the potential to break out this week. For more in-depth ideas, join my trading group -
Stock Picks Group
Check out my Stock Picks for 2016 -
Stocks to Buy 2016 -
Penny Stocks Picks 2016
Biotech Bear 3x (LABD) - LABD is one of the top stocks in 2016, Up over 120%.
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Amedica (AMDA) - Amedica (AMDA) was again volatile with the stock market on Wednesday AMDA will continue to be very active this week and is worth watching.
Chipotle (CMG) - Chipotle (CMG) tanked because they can't give very clear guidance. Shares remain a strong buy below $400.
Small Cap Bull 3x (TNA) - TNA rallied $10 off the low a few weeks ago and is back in the $41's. Expect wild $5-$10 swings up and down in 2016 as these types of big moves will be very common this year. Buy TNA when it crashes, sell on the way up. TNA is my top stock to trade in 2016.
ProShares Ultra VIX Short-Term Futures (UVXY) - UVXY is rebounding as the stock market tanks. UVXY is a good ETF to own only when the market is dropping. Sell when it spikes or hold to hedge stock market long ETF's.
Shake Shack (SHAK) - Shake Shack (SHAK) is finally seeing the light as shares are up 20% from the bottom. Stocks like SHAK don't perform well in a horrible market like this but long term the future is bright.
Twitter (TWTR) - Twitter (TWTR) continues is now taking another leg lower. All eyes will be on the next earnings report and if they do well, we will see a massive rebound.
Apple (AAPL) - Apple (AAPL) is back trading near $94's after strong earnings but poor guidance. This stock is a great buy right now and should give you strong returns in 2016. AAPL should hit $115-$120 again in 2016.
Tesla (TSLA) - Tesla (TSLA) is now trading back near $175. TSLA has the potential to really explode if the company can report strong earnings in February.
Keep an eye on LABD & SGOC which are some of the hottest stocks in 2016 above $2.
Top Stock Gainers 2016
Nxt-ID, Inc. (NXTD) is one of the
Top Performing Penny Stocks in 2016 - Also watch CRDC & HH.
Stocks to Watch - 2/4/16
Wave Systems Corp. (WAVX)
Conatus Pharmaceuticals Inc. (CNAT)
Boot Barn Holdings, Inc. (BOOT)
BeiGene, Ltd. (BGNE)
Voltari Corporation (VLTC)
Energizer Holdings, Inc. (ENR)
NeoPhotonics Corporation (NPTN)
Telenav, Inc. (TNAV)
Editas Medicine, Inc. (EDIT)
Unilife Corporation (UNIS)
Kulicke and Soffa Industries, Inc. (KLIC)
Cumulus Media Inc. (CMLS)
Crossroads Systems, Inc. (CRDS)
VirnetX Holding Corp (VHC)
RiT Technologies Ltd. (RITT)
Oclaro, Inc. (OCLR)
Viavi Solutions Inc. (VIAV)
China Ming Yang Wind Power Group Limited (MY)
Direxion Daily Gold Miners Bull 3X ETF (NUGT)
MGT Capital Investments, Inc. (MGT)
3D Systems Corporation (DDD)
Direxion Daily S&P Biotech Bear 3X ETF (LABD)
Carbylan Therapeutics, Inc. (CBYL)
