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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Akamai Technologies, Inc. (AKAM) - Akamai Technologies, Inc. (AKAM) shares are exploding after the company delivered solid earnings on Tuesday night. AKAM will have resistance up at $50 per share.
Small Cap Bull 3x (TNA) - TNA jumped back near $40 on Wednesday morning. 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 took a pause as the stock market jumped Wednesday morning. 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 bback trading near $35. SHAK will continue to face resistance in the $38's.
Chipotle (CMG) - Chipotle (CMG) rebounded back to $450. Shares are now a strong buy below $440.
Twitter (TWTR) - Twitter (TWTR) is bouncing ahead of earnings Wednesday night. The next three months will be dependent on the earnings report tonight.
Apple (AAPL) - Apple (AAPL) continues to hold the low to mid $90's as the stock market crashes. 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) rebounded back above $150 on Wednesday morning. TSLA has the potential to really explode if the company can report strong earnings in February.
Keep an eye on LABD & VHC which are some of the hottest stocks in 2016 above $2.
Top Stock Gainers 2016
U.S Energy (USEG) is one of the
Top Performing Penny Stocks in 2016 - Also watch MPET & NXTD.
Stocks to Watch - 2/11/16
Electromed, Inc. (ELMD)
Limelight Networks, Inc. (LLNW)
Natural Alternatives International Inc. (NAII)
Akamai Technologies, Inc. (AKAM)
A10 Networks, Inc. (ATEN)
SITO Mobile, Ltd. (SITO)
Cinedigm Corp. (CIDM)
TearLab Corporation (TEAR)
FreeSeas Inc. (FREE)
Overstock.com Inc. (OSTK)
Criteo SA (CRTO)
Trimble Navigation Limited (TRMB)
Energy Transfer Equity, L.P. (ETE)
The Empire District Electric Company (EDE)
Cloud Peak Energy Inc. (CLD)
Tanzanian Royalty Exploration Corp. (TRX)
Axalta Coating Systems Ltd. (AXTA)
Textura Corporation (TXTR)
Direxion Daily S&P Biotech Bull 3X ETF (LABU)
ACCO Brands Corporation (ACCO)
LightPath Technologies, Inc. (LPTH)
Peabody Energy Corporation (BTU)
Wix.com Ltd. (WIX)
Open Text Corporation (OTEX)